MU P/E Ratio Analysis
Higher than 26% of Technology sector peers
Updated 105h ago·SEC filings & market data
Key Takeaway
The P/E ratio of 18.9x means investors pay $18.90 for each $1 of annual earnings per share, so a lower multiple indicates a cheaper stock relative to its earnings.
Sector Performance
26th percentileMU
18.9x
Sector Median
37.1x
Sector Avg
160.9x
Prior Period
25.8x(Jul 2026)
Deep Analysis
The P/E ratio of 18.9x means investors pay $18.90 for each $1 of annual earnings per share, so a lower multiple indicates a cheaper stock relative to its earnings.
This is below the sector median of 37.1x, placing Micron at the 29th
Frequently Asked Questions
What does the P/E Ratio tell investors about MU?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
How does MU's P/E Ratio compare to its sector?
MU's P/E Ratio of 18.9x compares to a Technology sector median of 37.1x, placing it in the 26th percentile.
Who are MU's closest peers by P/E Ratio?
The closest Technology peers by P/E Ratio include: AAPL (37.1x), AMAT (36.9x), APH (37.6x), AKAM (37.6x), APP (38.8x).
Learn More About P/E Ratio
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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18.9x
Sector Median
37.1x
Sector Avg
160.9x
How MU's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.