Micron Technology (WAR:MCRN) Cyclically Adjusted Book per Share: zł157.49 (As of May. 2026)

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WAR:MCRN Micron Technology Inc WAR:MCRN
64 GF Score
Price zł3,600.00
GF Value zł2,155.56
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Micron Technology Cyclically Adjusted Book per Share?

Micron Technology WAR:MCRN +5.88% 64 Cyclically Adjusted Book per Share is zł157.49 as of May. 2026. GuruFocus rates WAR:MCRN with a GF Score™ of 64/100 and a GF Value™ of zł2,155.56 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Micron Technology's adjusted book value per share for the three months ended in May. 2026 was zł332.363. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is zł157.49 for the trailing ten years ended in May. 2026.

During the past 12 months, Micron Technology's average Cyclically Adjusted Book Growth Rate was 17.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.90% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Micron Technology was 22.10% per year. The lowest was -3.90% per year. And the median was 10.40% per year.

As of today (2026-08-17), Micron Technology's current stock price is zł3600.00. Micron Technology's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was zł157.49. Micron Technology's Cyclically Adjusted PB Ratio of today is 22.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Micron Technology was 26.57. The lowest was 1.70. And the median was 3.24.


Micron Technology  (WAR:MCRN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Micron Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3600.00/157.49
=22.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Micron Technology was 26.57. The lowest was 1.70. And the median was 3.24.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Micron Technology Cyclically Adjusted Book per Share Related Terms


Micron Technology Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Micron Technology's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Micron Technology Cyclically Adjusted Book per Share Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Micron Technology Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 157.49

WAR:MCRN vs AMD, INTC, AVGO: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Micron Technology's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Micron Technology's Cyclically Adjusted PB Ratio falls into.


WAR:MCRN
64GF Score
Micron Technology Inc WAR:MCRN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micron Technology Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Micron Technology's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book= Book Value per Share /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=332.363/335.1230*335.1230
=332.363

Current CPI (May. 2026) = 335.1230.

Micron Technology Quarterly Data

Book Value per Share CPI Adj_Book
201608 43.287 240.849 60.231
201611 43.978 241.353 61.064
201702 48.141 243.603 66.227
201705 54.310 244.733 74.369
201708 62.406 245.519 85.182
201711 72.494 246.669 98.490
201802 82.699 248.991 111.307
201805 92.040 251.588 122.600
201808 103.661 252.146 137.774
201811 112.696 252.038 149.847
201902 116.475 252.776 154.419
201905 119.238 256.092 156.035
201908 120.902 256.558 157.925
201911 122.766 257.208 159.955
202002 124.077 258.678 160.744
202005 126.748 256.394 165.668
202008 130.572 259.918 168.352
202011 133.144 260.229 171.463
202102 135.182 263.014 172.244
202105 140.613 269.195 175.050
202108 146.314 273.567 179.236
202111 152.755 277.948 184.177
202202 159.485 283.716 188.382
202205 166.204 292.296 190.556
202208 170.008 296.171 192.367
202211 168.423 297.711 189.588
202302 160.981 300.840 179.326
202305 154.531 304.127 170.280
202308 149.747 307.026 163.451
202311 144.764 307.051 157.999
202402 147.688 310.326 159.489
202405 148.615 314.069 158.578
202408 151.681 314.796 161.475
202411 156.546 315.493 166.286
202502 162.112 319.082 170.262
202505 169.011 321.465 176.192
202508 179.908 323.976 186.098
202511 194.629 324.122 201.235
202602 239.391 326.785 245.499
202605 332.363 335.123 332.363

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of zł157.49 mean?
Micron Technology (WAR:MCRN) has a Cyclically Adjusted Book per Share of zł157.49 as of May. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Micron Technology and its competitors.
Is Micron Technology's Cyclically Adjusted Book per Share too high?
Micron Technology's current Cyclically Adjusted Book per Share is zł157.49. Overall, Micron Technology has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's Cyclically Adjusted Book per Share compare to AMD and INTC?
Micron Technology's Cyclically Adjusted Book per Share of zł157.49 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Micron Technology and its competitors. Micron Technology's current Cyclically Adjusted Book per Share is zł157.49. 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 (WAR:MCRN) is currently considered Significantly Overvalued. The stock's GF Value™ is zł2,155.56, compared to a current price of zł3,600.00 — trading 67% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł157.49. Micron Technology's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Micron Technology (WAR:MCRN), the current Cyclically Adjusted Book per Share is zł157.49 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 (WAR:MCRN) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of zł3,600.00 is trading 67% above its estimated GF Value™ of zł2,155.56. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for WAR:MCRN:

  • Cyclically Adjusted Book per Share: zł157.49
  • GF Value™: zł2,155.56 vs. price of zł3,600.00 (67% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the WAR:MCRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Technology Business Description

Address 8000 S. Federal Way, Boise, ID, USA, 83716-9632
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.
64GF Score

Get the complete analysis for WAR:MCRN

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł3,600.00
Price
zł2,155.56
GF Value