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Micron Technology MU

$1,072.27
+$0.39 (+0.04%)
Market open · Sep 24, 1:10 pm ET
After hours $1,072.44 +0.05%
Open$1,050.00
Prev close$1,071.88
Day range$1,044.00 – $1,076.49
Volume12.95M
Market cap$1.21T
P/E (TTM)24.2
Dividend yield0.05%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings22.0x
CheapRich

Above its usual level · 67th percentile, 5-year average 13.5x

#1683 of 2977 stocks by PE (1 = cheapest)

Price / book10.9x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 3.2x

#4887 of 5304 stocks by PB (1 = cheapest)

Price / sales12.2x
CheapRich

Near the top of its 5-year range · 96th percentile, 5-year average 5.2x

#4486 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-113x-17x79x176xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$850.00
Price vs. fair value+26.1%Trading above the estimate
Star rating★★★☆☆
UncertaintyVery High
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 10.94 3.21 96% (pricier than usual) #4887 of 5304 (1 = cheapest)
PE 22.04 13.47 67% (pricier than usual) #1683 of 2977 (1 = cheapest)
PS 12.20 5.18 96% (pricier than usual) #4486 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$850.00
UncertaintyVery High
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