SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Micron Technology, Inc. (MU) trades at a trailing P/E of 19.1, forward P/E of 8.2. Trailing earnings yield is 5.24%, forward earnings yield 12.18%. PEG 0.02 (Peter Lynch undervalued ≤1.0). Graham Number is $176.25.
Criteria proven by this page:
- VALUE (75/100, Pass) — P/E is below market average (19.1); PEG ≤ 1.0 — Peter Lynch undervalued (0.02); earnings yield beats bond yields (5.24%).
- Forward P/E 8.2 (down from trailing 19.1) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 0.02 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 5.24% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income. Forward yield improves to 12.18% as earnings recover.
- Analyst consensus target $405.14 (-13% downside) — slight downside risk — the market may be ahead of analyst expectations.
Overall SharesGrow Score: 80/100 with 4/7 criteria passed.
SharesGrow 7-Criteria Score
✓
VALUE
75/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — MU
Valuation Multiples
P/E (TTM)19.1
Forward P/E8.2
PEG Ratio0.02
Forward PEG0.01
P/B Ratio6.35
P/S Ratio7.94
EV/EBITDA12.4
Per Share Data
EPS (TTM)$21.44
Forward EPS (Est.)$56.74
Book Value / Share$64.41
Revenue / Share$51.66
FCF / Share$19.61
Yields & Fair Value
Earnings Yield5.24%
Forward Earnings Yield12.18%
Dividend Yield0.12%
Graham Number$176.25
SharesGrow IV$930.09 (+99.7%)
Analyst Target$405.14 (-13%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
-61.6 |
0.56 |
1.41 |
1.37 |
- |
| 2017 |
6.8 |
0.00 |
1.87 |
1.71 |
- |
| 2018 |
4.6 |
0.03 |
2.01 |
2.13 |
- |
| 2019 |
7.9 |
-0.16 |
1.39 |
2.13 |
- |
| 2020 |
19.1 |
-0.33 |
1.32 |
2.40 |
- |
| 2021 |
14.1 |
0.12 |
1.89 |
2.99 |
- |
| 2022 |
7.3 |
0.15 |
1.28 |
2.07 |
0.72% |
| 2023 |
-13.1 |
0.08 |
1.73 |
4.92 |
0.66% |
| 2024 |
135.7 |
-1.20 |
2.34 |
4.21 |
0.49% |
| 2025 |
15.9 |
0.02 |
2.51 |
3.64 |
0.38% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$-0.27 |
$12.4B |
$-276M |
-2.2% |
| 2017 |
$4.41 |
$20.32B |
$5.09B |
25% |
| 2018 |
$11.50 |
$30.39B |
$14.14B |
46.5% |
| 2019 |
$5.52 |
$23.41B |
$6.31B |
27% |
| 2020 |
$2.37 |
$21.44B |
$2.69B |
12.5% |
| 2021 |
$5.14 |
$27.71B |
$5.86B |
21.2% |
| 2022 |
$7.74 |
$30.76B |
$8.69B |
28.2% |
| 2023 |
$-5.34 |
$15.54B |
$-5.83B |
-37.5% |
| 2024 |
$0.70 |
$25.11B |
$778M |
3.1% |
| 2025 |
$7.59 |
$37.38B |
$8.54B |
22.8% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$56.70 |
$53.78 – $60.86 |
$106.91B |
$103.83B – $112.27B |
19 |
| 2027 |
$93.10 |
$75.07 – $114.88 |
$170.48B |
$145.99B – $193.6B |
19 |
| 2028 |
$76.22 |
$51.03 – $107.65 |
$160.21B |
$157.22B – $163.2B |
10 |
| 2029 |
$68.87 |
$46.60 – $86.85 |
$242.63B |
$182.28B – $291.34B |
7 |
| 2030 |
$77.08 |
$52.16 – $97.20 |
$278.06B |
$208.9B – $333.89B |
7 |
