Micron Technology Overview
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+ Follow11.75
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, MTE.DE shows a P/E ratio of 11.75. That is below the Technology sector average of 39.36. Scroll down for historical charts and peer comparison views.
The Technology sector average P/E ratio is about 39.36. Micron Technology is at 11.75, which is lower that average. That is roughly 70.1% below the sector mean. Use the comparison chart on this page to see how MTE.DE stacks up against individual peers as well.
Investors watch MTE.DE's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Micron Technology's latest reading is 11.75. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Micron Technology's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 11.75) with ownership activity and broader fundamentals.
The Technology average P/E ratio is about 39.36, while MTE.DE is at 11.75. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
