Micron Technology, Inc. P/B Ratio
Data as of June 01, 2026
P/B Ratio
15.12
Stock Price
$971.00
Book Value/Share
$64.24
Sector
Technology
How It's Calculated
15.12 = $971.00 ÷ $64.24
What This Means
Micron Technology, Inc.'s P/B ratio of 15.12 is significantly elevated, often seen in asset-light businesses like tech or services where intangible assets drive most of the value.
About Micron Technology, Inc.
Micron Technology, Inc. (MU) operates in the Technology sector, specifically in Semiconductors. With a market capitalization of about $1.10T, it ranks as a mega-cap stock โ one of the largest publicly traded companies.
Shares recently traded near $971.00, within a 52-week range of $94.40 to $981.00 (-1.0% from the high, +928.6% from the low). Beta of 1.92 suggests the stock has been more volatile than the broader market.
Trailing profit margin is about 41.5%, signaling a strong profit margin relative to many peers.
Understanding This Metric
The price-to-book ratio compares market price to net asset value per share. For Micron Technology, Inc., P/B is especially useful when earnings are volatile or temporarily depressed. In Technology, asset-heavy business models often anchor closer to book value, while asset-light models may trade far above book.
Sector Comparison
Among Technology names on our S&P 100 coverage, Micron Technology, Inc.'s P/B ratio of 15.12 can be compared with peers such as NVDA (32.62), AAPL (42.98), MSFT (8.07). Sector context helps interpretation, but each company's growth profile and balance sheet differ โ use multiple metrics before drawing conclusions. View all Technology stocks.
Key Takeaways
- MU is grouped in the Technology sector for peer comparisons.
- Recent beta of 1.92 suggests higher-than-market price sensitivity.
- Trailing profit margin of 41.5% provides context for how much earnings support the headline multiple.
Related Tools & Guides
Explore calculators and guides connected to this metric, or view all metrics for MU.
Other MU Metrics
Frequently Asked Questions
What does MU's price-to-book ratio indicate?
P/B compares share price to book value per share. Micron Technology, Inc.'s P/B of 15.12 reflects how the market prices net assets โ especially relevant for asset-heavy Technology business models.
Is 15.12 above or below book value?
A P/B above 1.0 (15.12) means the market values MU above accounting book value โ often due to brands, growth, or intangible assets.
How does P/B compare within Technology?
Peer P/B levels in Technology (e.g. AAPL (42.98), LRCX (37.59), NVDA (32.62)) provide context; asset-light vs asset-heavy models differ materially.
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