Micron Technology Stock Price To Earning

MU Stock

USD 97.95 0.25 0.25%

Micron Technology fundamentals help investors to digest information that contributes to Micron Technology's financial success or failures. It also enables traders to predict the movement of Micron Stock. The fundamental analysis module provides a way to measure Micron Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Micron Technology stock.

Short Long Term Debt Total Total Assets

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Micron Technology Company Price To Earning Analysis

Micron Technology's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Micron Technology Price To Earning

19.60 X

Most of Micron Technology's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Micron Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Micron Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Micron Technology is extremely important. It helps to project a fair market value of Micron Stock properly, considering its historical fundamentals such as Price To Earning. Since Micron Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Micron Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Micron Technology's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Short Term Investments	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Long Term Investments	Treasury Stock	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.15	0.97	0.84	0.34	0.99	-0.33	0.94	0.07	0.62	0.29	0.59	0.75	0.99	0.74	0.89	0.94	0.47	0.65	0.02	-0.87	-0.79	0.92	0.91	0.78
Total Stockholder Equity	0.98		-0.02	0.99	0.81	0.31	0.97	-0.4	0.9	0.11	0.62	0.19	0.55	0.66	0.97	0.79	0.94	0.95	0.36	0.65	-0.03	-0.9	-0.76	0.94	0.93	0.73
Net Debt	0.15	-0.02		-0.04	0.15	0.05	0.18	0.16	0.23	-0.3	0.17	0.39	0.07	0.54	0.16	-0.22	-0.15	-0.03	0.59	0.15	0.23	0.05	-0.19	0.04	0.07	0.41
Retained Earnings	0.97	0.99	-0.04		0.76	0.25	0.94	-0.47	0.86	0.07	0.66	0.1	0.46	0.66	0.97	0.8	0.95	0.94	0.32	0.67	-0.03	-0.92	-0.75	0.96	0.94	0.75
Net Receivables	0.84	0.81	0.15	0.76		0.41	0.87	-0.12	0.91	0.21	0.41	0.28	0.51	0.52	0.81	0.6	0.68	0.79	0.39	0.49	0.05	-0.55	-0.66	0.67	0.65	0.69
Total Liab	0.34	0.31	0.05	0.25	0.41		0.36	0.48	0.36	0.06	0.14	0.34	0.48	0.15	0.28	0.4	0.24	0.45	0.32	-0.28	0.05	-0.17	-0.54	0.05	0.07	0.0
Total Current Assets	0.99	0.97	0.18	0.94	0.87	0.36		-0.25	0.96	0.08	0.59	0.33	0.61	0.73	0.97	0.7	0.86	0.92	0.46	0.65	0.01	-0.83	-0.75	0.9	0.89	0.79
Short Term Debt	-0.33	-0.4	0.16	-0.47	-0.12	0.48	-0.25		-0.21	0.0	-0.24	0.42	0.22	-0.34	-0.43	-0.35	-0.44	-0.38	0.07	-0.53	0.18	0.46	0.26	-0.55	-0.54	-0.44
Accounts Payable	0.94	0.9	0.23	0.86	0.91	0.36	0.96	-0.21		0.15	0.49	0.35	0.58	0.69	0.93	0.61	0.77	0.87	0.46	0.62	0.02	-0.76	-0.72	0.8	0.78	0.78
Current Deferred Revenue	0.07	0.11	-0.3	0.07	0.21	0.06	0.08	0.0	0.15		-0.13	-0.13	0.13	-0.13	0.05	0.21	0.11	0.19	0.04	-0.08	0.03	-0.21	-0.14	-0.03	-0.07	-0.11
Short Term Investments	0.62	0.62	0.17	0.66	0.41	0.14	0.59	-0.24	0.49	-0.13		0.24	0.34	0.29	0.61	0.41	0.66	0.46	0.3	0.43	0.54	-0.71	-0.6	0.68	0.66	0.49
Intangible Assets	0.29	0.19	0.39	0.1	0.28	0.34	0.33	0.42	0.35	-0.13	0.24		0.83	0.21	0.16	-0.14	0.12	0.06	0.6	0.0	0.5	-0.12	-0.3	0.1	0.1	0.04
Common Stock	0.59	0.55	0.07	0.46	0.51	0.48	0.61	0.22	0.58	0.13	0.34	0.83		0.36	0.46	0.35	0.53	0.47	0.55	0.24	0.22	-0.45	-0.55	0.4	0.41	0.11
Long Term Debt	0.75	0.66	0.54	0.66	0.52	0.15	0.73	-0.34	0.69	-0.13	0.29	0.21	0.36		0.78	0.53	0.57	0.7	0.64	0.65	-0.26	-0.58	-0.61	0.69	0.71	0.72
Property Plant Equipment	0.99	0.97	0.16	0.97	0.81	0.28	0.97	-0.43	0.93	0.05	0.61	0.16	0.46	0.78		0.76	0.89	0.94	0.43	0.7	-0.05	-0.88	-0.77	0.94	0.93	0.83
Good Will	0.74	0.79	-0.22	0.8	0.6	0.4	0.7	-0.35	0.61	0.21	0.41	-0.14	0.35	0.53	0.76		0.86	0.87	0.31	0.52	-0.36	-0.68	-0.68	0.71	0.71	0.36
Net Tangible Assets	0.89	0.94	-0.15	0.95	0.68	0.24	0.86	-0.44	0.77	0.11	0.66	0.12	0.53	0.57	0.89	0.86		0.89	0.32	0.72	-0.08	-0.88	-0.71	0.93	0.92	0.54
Total Permanent Equity	0.94	0.95	-0.03	0.94	0.79	0.45	0.92	-0.38	0.87	0.19	0.46	0.06	0.47	0.7	0.94	0.87	0.89		0.38	0.57	-0.2	-0.83	-0.81	0.85	0.85	0.66
Long Term Debt Total	0.47	0.36	0.59	0.32	0.39	0.32	0.46	0.07	0.46	0.04	0.3	0.6	0.55	0.64	0.43	0.31	0.32	0.38		0.17	0.26	-0.33	-0.67	0.28	0.26	0.24
Capital Surpluse	0.65	0.65	0.15	0.67	0.49	-0.28	0.65	-0.53	0.62	-0.08	0.43	0.0	0.24	0.65	0.7	0.52	0.72	0.57	0.17		-0.3	-0.6	-0.26	0.81	0.8	0.63
Long Term Investments	0.02	-0.03	0.23	-0.03	0.05	0.05	0.01	0.18	0.02	0.03	0.54	0.5	0.22	-0.26	-0.05	-0.36	-0.08	-0.2	0.26	-0.3		-0.12	-0.24	-0.05	-0.09	0.02
Treasury Stock	-0.87	-0.9	0.05	-0.92	-0.55	-0.17	-0.83	0.46	-0.76	-0.21	-0.71	-0.12	-0.45	-0.58	-0.88	-0.68	-0.88	-0.83	-0.33	-0.6	-0.12		0.71	-0.9	-0.86	-0.64
Short Long Term Debt	-0.79	-0.76	-0.19	-0.75	-0.66	-0.54	-0.75	0.26	-0.72	-0.14	-0.6	-0.3	-0.55	-0.61	-0.77	-0.68	-0.71	-0.81	-0.67	-0.26	-0.24	0.71		-0.63	-0.63	-0.46
Net Invested Capital	0.92	0.94	0.04	0.96	0.67	0.05	0.9	-0.55	0.8	-0.03	0.68	0.1	0.4	0.69	0.94	0.71	0.93	0.85	0.28	0.81	-0.05	-0.9	-0.63		0.99	0.78
Net Working Capital	0.91	0.93	0.07	0.94	0.65	0.07	0.89	-0.54	0.78	-0.07	0.66	0.1	0.41	0.71	0.93	0.71	0.92	0.85	0.26	0.8	-0.09	-0.86	-0.63	0.99		0.77
Capital Stock	0.78	0.73	0.41	0.75	0.69	0.0	0.79	-0.44	0.78	-0.11	0.49	0.04	0.11	0.72	0.83	0.36	0.54	0.66	0.24	0.63	0.02	-0.64	-0.46	0.78	0.77

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Micron Retained Earnings

Retained Earnings

42.92 Billion

At this time, Micron Technology's Retained Earnings are comparatively stable compared to the past year.

Based on the latest financial disclosure, Micron Technology has a Price To Earning of 19.6 times. This is 29.19% lower than that of the Semiconductors & Semiconductor Equipment sector and 13.92% lower than that of the Information Technology industry. The price to earning for all United States stocks is 31.75% higher than that of the company.

Micron Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Micron Technology's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Micron Technology could also be used in its relative valuation, which is a method of valuing Micron Technology by comparing valuation metrics of similar companies.

Micron Technology is currently under evaluation in price to earning category among its peers.

Micron Technology ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Micron Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Micron Technology's managers, analysts, and investors.

Environmental

Governance

Social

Micron Fundamentals

	Return On Equity	0.0174
	Return On Asset	0.0117
	Profit Margin	0.03 %
	Operating Margin	0.20 %
	Current Valuation	115.3 B
	Shares Outstanding	1.11 B
	Shares Owned By Insiders	0.29 %
	Shares Owned By Institutions	80.70 %
	Number Of Shares Shorted	34.34 M
	Price To Earning	19.60 X
	Price To Book	2.42 X
	Price To Sales	4.35 X
	Revenue	25.11 B
	Gross Profit	(1.42 B)
	EBITDA	9.58 B
	Net Income	778 M
	Cash And Equivalents	9.33 B
	Cash Per Share	8.58 X
	Total Debt	14.01 B
	Debt To Equity	0.15 %
	Current Ratio	2.89 X
	Book Value Per Share	40.70 X
	Cash Flow From Operations	8.51 B
	Short Ratio	2.07 X
	Earnings Per Share	0.70 X
	Price To Earnings To Growth	0.16 X
	Target Price	145.92
	Number Of Employees	48 K
	Beta	1.18
	Market Capitalization	109.12 B
	Total Asset	69.42 B
	Retained Earnings	40.88 B
	Working Capital	15.12 B
	Current Asset	9.49 B
	Current Liabilities	4.83 B
	Annual Yield	0 %
	Five Year Return	0.34 %
	Net Asset	69.42 B
	Last Dividend Paid	0.46

About Micron Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Micron Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Micron Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Micron Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Micron Stock Analysis

When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.

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