P/E Ratio
Higher than 14% of TECHNOLOGY sector peers
Updated 79h ago
Sector Performance
14th percentileMU
25.8x
Sector Median
54.5x
Sector Avg
58.1x
Deep Analysis
The current P/E ratio of 25.8x means investors are paying $25.80 for every $1 of the company’s trailing earnings per share.
Compared to the sector median of 50.5x, MU’s P/E is much lower, placing it in the 17th percentile among its technology peers—indicating the stock trades at a discount relative to the typical sector valuation. The year-over-year change is not available, but the ratio has risen 1.9% quarter-over-quarter, from 25.3x to 25.8x. A low P/E combined with a slight upward trend may suggest the stock is attractively priced but that investor sentiment is beginning to improve; however, the limited historical data makes the trend’s reliability uncertain. This metric supports the overall NEUTRAL verdict because the low valuation offers a potential margin of safety, yet the modest increase does not signal a clear catalyst for a strong buy or sell.
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 25.8x compares to a TECHNOLOGY sector median of 54.5x, placing it in the 14th percentile.
Who are MU's closest peers by P/E Ratio?
The closest TECHNOLOGY peers by P/E Ratio include: TXN (50.5x), NOW (58.5x), CSCO (38.1x), LRCX (81.5x), ORCL (24.7x).
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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25.8x
Sector Median
54.5x
Sector Avg
58.1x
How MU's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.