Micron Technology, Inc.
Micron Technology, Inc. (MU) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
mu · pe ratio · data through Aug 28, 2025
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Micron Technology, Inc. (MU) measures how much investors pay for each dollar of the company's trailing earnings. MU's current PE ratio of 40.31x is calculated by dividing its stock price of $864.01 by its TTM earnings per share of $21.44. +4.8% elevated vs 5Y avg 38.5x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-08-28
PE Ratio History
2006 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 14 fiscal years · Front-end computedMinQ1 · 25%11.5x
MedianQ3 · 75%135.7x
Max
At 40.31x, MU's current P/E is higher than in 93% of its annual fiscal year readings over the past 14 years — historically elevated.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
Semiconductors · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Micron Technology, Inc.You MU | $974.4B | 40.31x | -22.8% | $21.44 |
 Applied Materials, Inc. AMAT | $359.7B | 26.58x | -49.1% | $8.70 |
 Arm Holdings plc American Depositary Shares ARM | $364.9B | 177.55x | +239.9% | $0.85 |
 Salesforce, Inc. CRM | $152.1B | 27.05x | -48.2% | $7.85 |
 Cisco Systems, Inc. CSCO | $479.4B | 26.83x | -48.6% | $2.56 |
 International Business Machines Corporation IBM | $267.7B | 26.07x | -50.1% | $11.36 |
 KLA Corporation KLAC | $252.0B | 29.34x | -43.8% | $30.53 |
Industry Average 6 peers with valid PE | — | 52.24x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2025-08-28Latest FY2025 | 15.94x | $7.65 | -88.3% | |
2024-08-29 FY2024 | 135.74x | $0.70 | — | |
2023-08-31 FY2023 | — | $-5.34 | — | |
2022-09-01 FY2022 | 7.34x | $7.81 | -48.1% | |
2021-09-02 FY2021 | 14.14x | $5.23 | -26.1% | |
2020-09-03 FY2020 | 19.14x | $2.42 | +142.8% | |
2019-08-29 FY2019 | 7.88x | $5.67 | +72.0% | |
2018-08-30 FY2018 | 4.58x | $11.51 | -33.0% | |
2017-08-31 FY2017 | 6.84x | $4.67 | — | |
2016-09-01 FY2016 | — | $-0.27 | — |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Micron Technology, Inc. (MU) measures how much investors pay for each dollar of the company's trailing earnings. MU's current PE ratio of 40.31x is calculated by dividing its stock price of $864.01 by its TTM earnings per share of $21.44.
Frequently asked questions
MU pe ratio · 6 questionsMU's current PE ratio is 40.31x as of 2026-06-08, based on a stock price of $864.01 and TTM EPS of $21.44. Data sourced from Financial Modeling Prep via MU's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Micron Technology, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08