According to Micron Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3669. At the end of 2021 the company had a P/E ratio of 14.2.
Year | P/E ratio | Change |
---|---|---|
2021 | 14.2 | -49.08% |
2020 | 27.8 | 63.61% |
2019 | 17.0 | 586.55% |
2018 | 2.48 | -59.07% |
2017 | 6.06 | -108.01% |
2016 | -75.6 | -1151.59% |
2015 | 7.19 | -28.76% |
2014 | 10.1 | -18.82% |
2013 | 12.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Intel INTC | 14.8 | 42.78% | ๐บ๐ธ USA |
![]() Western Digital WDC | 60.7 | 485.42% | ๐บ๐ธ USA |
![]() Rambus RMBS | -213 | -2,155.08% | ๐บ๐ธ USA |
![]() Photronics PLAB | 9.06 | -12.61% | ๐บ๐ธ USA |
![]() STMicroelectronics STM | 12.8 | 23.38% | ๐จ๐ญ Switzerland |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.