Question 1

What is Micron Technology's P/S ratio?

Accepted Answer

Micron Technology (MU) P/S ratio is 16.9× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Micron Technology?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Micron Technology specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

Is Micron Technology's P/S ratio high or low?

Accepted Answer

Micron Technology's P/S ratio of 16.9× is above its own 5-year average of 4.0× and above the sector median of 5.7×. That places the current reading at the 99th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Micron Technology's historical P/S ratio range?

Accepted Answer

In the available daily series, Micron Technology (MU) P/S ratio has ranged from a low of 0.2× in 2008 to a high of 21.2× in 2026. The 5-year average is 4.0× and the 5-year median is 3.6×.

Question 7

What was Micron Technology's P/S ratio in 2025?

Accepted Answer

Micron Technology (MU) P/S ratio at the end of 2025 was 3.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Micron Technology's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$136.15B	$37.38B	3.6×	-0.6×	Aug 28, 2025
2024	$105.89B	$25.11B	4.2×	-0.7×	Aug 29, 2024
2023	$76.58B	$15.54B	4.9×	+2.9×	Aug 31, 2023
2022	$62.87B	$30.76B	2.0×	-1.0×	Sep 1, 2022
2021	$83.09B	$27.70B	3.0×	+0.6×	Sep 2, 2021
2020	$51.47B	$21.43B	2.4×	+0.3×	Sep 3, 2020
2019	$49.32B	$23.41B	2.1×	+0.1×	Aug 29, 2019
2018	$61.15B	$30.39B	2.0×	+0.3×	Aug 30, 2018
2017	$35.45B	$20.32B	1.7×	+0.4×	Aug 31, 2017
2016	$16.65B	$12.40B	1.3×	+0.3×	Sep 1, 2016
2015	$17.59B	$16.19B	1.1×	-1.1×	Sep 3, 2015
2014	$35.04B	$16.36B	2.1×	+0.6×	Aug 28, 2014
2013	$14.02B	$9.07B	1.5×	+0.8×	Aug 29, 2013
2012	$6.26B	$8.29B	0.8×	+0.1×	Aug 30, 2012
2011	$5.70B	$8.79B	0.6×	-0.3×	Sep 1, 2011
2010	$7.80B	$8.48B	0.9×	-0.3×	Sep 2, 2010
2009	$6.05B	$4.80B	1.3×	—	Sep 3, 2009
2008	$2.99B	$5.84B	0.5×	-0.9×	Oct 8, 2008
2007	$8.08B	$5.69B	1.4×	—	Oct 12, 2007
2006	$12.44B	$5.27B	2.4×	+0.8×	Aug 31, 2006
2005	$7.52B	$4.88B	1.5×	-0.3×	Sep 1, 2005
2004	$8.17B	$4.40B	1.9×	-0.9×	Sep 2, 2004
2003	$8.65B	$3.09B	2.8×	-1.2×	Aug 28, 2003
2002	$10.42B	$2.59B	4.0×	—	Aug 29, 2002


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Gen Digital (GEN)	2.3×
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Amkor Technology (AMKR)	1.6×
Block (XYZ)	1.5×
Block (SQ)	1.4×
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Lyft (LYFT)	0.8×
CDW (CDW)	0.7×
Science Applications International (SAIC)	0.6×
Super Micro Computer (SMCI)	0.4×
HP (HPQ)	0.3×

P/S Ratio for Micron Technology (MU)

P/S Ratio daily chart for Micron Technology (MU)

Historical P/S Ratio for Micron Technology (MU) from 2002 to 2025

About P/S Ratio at Micron Technology (MU)

Micron Technology P/S Ratio by Year

Micron Technology P/S Ratio 2025: 3.6×

Micron Technology P/S Ratio 2024: 4.2×

Micron Technology P/S Ratio 2023: 4.9×

Micron Technology P/S Ratio 2022: 2.0×

Micron Technology P/S Ratio 2021: 3.0×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Micron Technology (MU) Key Financials

P/S Ratio daily chart for Micron Technology (MU)

Historical P/S Ratio for Micron Technology (MU) from 2002 to 2025

About P/S Ratio at Micron Technology (MU)

Micron Technology P/S Ratio by Year

Micron Technology P/S Ratio 2025: 3.6×

Micron Technology P/S Ratio 2024: 4.2×

Micron Technology P/S Ratio 2023: 4.9×

Micron Technology P/S Ratio 2022: 2.0×

Micron Technology P/S Ratio 2021: 3.0×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Micron Technology's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Micron Technology?

+Is Micron Technology's P/S ratio high or low?

+What is Micron Technology's historical P/S ratio range?

+What was Micron Technology's P/S ratio in 2025?

+Why does Micron Technology's P/S ratio change over time?

Micron Technology (MU) Key Financials