Micron Technology, Inc. (MU) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also...

Micron Technology, Inc. (MU) currently trades at a P/E ratio of 20.67 (historical range: 15.22–45.78, median: 23.08), placing it at the 22th percentile — below its historical average, P/S ratio of 11.56 (range: 2.32–18.21, 87th percentile — expensive relative to its history), EV/EBITDA of 18.40 (range: 14.08–101.29, 7th percentile).

Over the historical period (2024-08-30 to 2026-08-28), Micron Technology, Inc.'s P/E ratio has expanded by 21% over the observed period (from an average of 23.1 to 28.1).

Micron Technology, Inc. appears undervalued relative to its historical range, with most valuation metrics below their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio20.6715.2223.0845.7822thbelow its historical average
P/S Ratio11.562.325.5318.2187thexpensive relative to its history
EV/EBITDA18.4014.0826.45101.297thcheap relative to its history
FCF Yield0.030.000.010.0395thcheap relative to its history
Current Price: $934.88
Market Cap: $1.06T
Sector: Technology