Micron Technology, Inc. PEG Ratio
Data as of June 01, 2026
PEG Ratio
0.33
PE Ratio (TTM)
45.87
EPS (TTM)
$21.17
Sector
Technology
How It's Calculated
0.33 = 45.87 ÷ Growth Rate
What This Means
Micron Technology, Inc.'s PEG ratio of 0.33 is below 1, suggesting the stock may be undervalued relative to its earnings growth rate. A PEG below 1 often signals a buying opportunity.
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 — 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 PEG ratio adjusts the PE multiple for expected earnings growth, helping compare fast-growing and slow-growing names on a more equal footing. For Micron Technology, Inc., a PEG near 1 is often described as fairly valued relative to growth, though the growth estimate itself can change quickly with guidance revisions.
Sector Comparison
Among Technology names on our S&P 100 coverage, Micron Technology, Inc.'s PEG ratio of 0.33 can be compared with peers such as NVDA (0.65), AAPL (2.72), MSFT (1.39). Sector context helps interpretation, but each company's growth profile and balance sheet differ — 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 is MU's PEG ratio?
PEG adjusts PE for expected earnings growth: PEG ≈ PE ÷ earnings growth rate. Micron Technology, Inc.'s PEG of 0.33 is a shorthand for growth-at-a-reasonable-price comparisons.
Does PEG suggest growth at a reasonable price?
PEG below 1.0 (0.33) is often described as inexpensive relative to growth expectations — verify the growth input is realistic.
What are limitations of PEG for MU?
PEG depends on a single growth estimate, ignores balance sheet risk, and can mislead when earnings are volatile. Use it with PE, margins, and Technology peers — not as a standalone verdict.
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