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Micron TechnologyMU -5.25%80 3-Year Book Growth Rate is 1.90% as of May. 2026, which is 81% below its 10-year median of 9.90. GuruFocus rates MU with a GF Score™ of 80/100 and a GF Value™ of $635.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 986 Semiconductors companies, Micron Technology ranks worse than 58.92% on this metric.
During the past 12 months, Micron Technology's average Book Value per Share Growth Rate was 96.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 4.60% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 15.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Micron Technology was 67.10% per year. The lowest was -18.60% per year. And the median was 9.90% per year.
Micron Technology (NAS:MU) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Micron Technology 3-Year Book Growth Rate Related Terms
MU vs AMD, INTC, AVGO: 3-Year Book Growth Rate Comparison
For the Semiconductors subindustry, Micron Technology's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Micron Technology 3-Year Book Growth Rate vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micron Technology's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Micron Technology's 3-Year Book Growth Rate falls into.
Micron Technology 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 1.90% mean?
Micron Technology (MU) has a 3-Year Book Growth Rate of 1.90% as of May. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Micron Technology and its competitors. This is 81% below median its historical median of 9.90. According to the industry distribution chart, Micron Technology ranks #581 out of 986 companies in the Semiconductors industry, placing it in the top 58.9%.
Is Micron Technology's 3-Year Book Growth Rate too high?
Micron Technology's current 3-Year Book Growth Rate of 1.90% is 81% below median its 10-year median of 9.90. The Semiconductors industry median 3-Year Book Growth Rate is 4.55. Micron Technology's value of 1.90% is 58.2% below this industry median. Based on the distribution chart, Micron Technology ranks #581 out of 986 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Micron Technology has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's 3-Year Book Growth Rate compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #581 out of 986 companies for 3-Year Book Growth Rate. This places Micron Technology in the lower half of its industry. The industry median 3-Year Book Growth Rate is 4.55. Micron Technology's value of 1.90% is 58.2% below this benchmark. While the company's 10-year median is 9.90 vs. the industry median of 4.55, Micron Technology has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Semiconductors company?
The median 3-Year Book Growth Rate among Semiconductors companies is 4.55, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micron Technology's current 3-Year Book Growth Rate of 1.90% is 58.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Micron Technology and its competitors. For the Semiconductors industry, the median 3-Year Book Growth Rate is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Technology's current 3-Year Book Growth Rate is 1.90%, which is 81% below median its own 10-year median of 9.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MU) is currently considered Significantly Overvalued. The stock's GF Value™ is $635.23, compared to a current price of $924.03 — trading 45.5% above its estimated fair value. The current 3-Year Book Growth Rate is 1.90%, which is 81% below median its 10-year median of 9.90 and 58.2% below the Semiconductors industry median of 4.55. Micron Technology's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Micron Technology (MU), the current 3-Year Book Growth Rate is 1.90% as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Micron Technology (MU) Overvalued in 2026?
Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued.
The current stock price of $924.03 is trading 45.5% above its estimated GF Value™ of $635.23.
GuruFocus considers Micron Technology to be Significantly Overvalued.
Key valuation signals for MU:
3-Year Book Growth Rate: 1.90% (81% below median its 10-year median of 9.90)
GF Value™: $635.23 vs. price of $924.03 (45.5% above fair value)
Industry Position: 58.2% below the Semiconductors median (#581 of 986)
No single metric tells the full story. See the MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
80GF Score
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