Micron Technology P/E Ratio

Micron Technology (MU) currently reports a P/E ratio of 21.76. That is below the Technology sector average of 25.38. Use the charts on this page to explore Micron Technology's P/E ratio history and peer comparisons.

Micron Technology's P/E ratio of 21.76 is lower than the Technology sector average of 25.38. That is roughly 14.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The P/E ratio is a valuation multiple that relates Micron Technology's market price to a fundamental measure such as earnings, sales, or book value. At 21.76, MU can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current P/E ratio of 21.76, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 25.38. From there, open related valuation or income-statement pages for Micron Technology, and consider following MU for alerts when major investors trade the stock.

Micron Technology is classified in the Technology sector. On P/E ratio, it currently shows 21.76 versus a sector average near 25.38. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing MU with unrelated industries.