Micron Technology (BSP:MUTC34) E10: R$7.62 (As of May. 2026)


BSP:MUTC34 Micron Technology Inc BSP:MUTC34
61 GF Score
Price R$982.49
GF Value R$342.21
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Micron Technology E10?

Micron Technology BSP:MUTC34 -5.53% 61 E10 is R$7.62 as of May. 2026. GuruFocus rates BSP:MUTC34 with a GF Score™ of 61/100 and a GF Value™ of R$342.21 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Micron Technology's adjusted earnings per share data for the three months ended in May. 2026 was R$20.482. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$7.62 for the trailing ten years ended in May. 2026.

During the past 12 months, Micron Technology's average E10 Growth Rate was 102.20% per year. During the past 3 years, the average E10 Growth Rate was -0.70% per year. During the past 5 years, the average E10 Growth Rate was 8.00% per year. During the past 10 years, the average E10 Growth Rate was 38.80% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Micron Technology was 215.80% per year. The lowest was -78.90% per year. And the median was 4.60% per year.

As of today (2026-06-27), Micron Technology's current stock price is R$982.49. Micron Technology's E10 for the quarter that ended in May. 2026 was R$7.62. Micron Technology's Shiller PE Ratio of today is 128.94.

During the past 13 years, the highest Shiller PE Ratio of Micron Technology was 175.71. The lowest was 10.16. And the median was 21.82.


Micron Technology  (BSP:MUTC34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Micron Technology's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=982.49/7.62
=128.94

* 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 Shiller P/E Ratio of Micron Technology was 175.71. The lowest was 10.16. And the median was 21.82.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Micron Technology E10 Related Terms


Micron Technology E10 Historical Data

* Premium members only.

The historical data trend for Micron Technology's E10 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 E10 Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 4.27 3.64 3.91 4.28

Micron Technology Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
E10 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 4.34 4.28 4.65 5.51 7.62

BSP:MUTC34 vs AMD, INTC, TXN: E10 Comparison

For the Semiconductors subindustry, Micron Technology's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Micron Technology's Shiller PE Ratio falls into.


BSP:MUTC34
61GF Score
Micron Technology Inc BSP:MUTC34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micron Technology E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=20.482/335.1230*335.1230
=20.482

Current CPI (May. 2026) = 335.1230.

Micron Technology Quarterly Data

per share eps CPI Adj_EPS
201608 -0.086 240.849 -0.120
201611 0.089 241.353 0.124
201702 0.399 243.603 0.549
201705 0.748 244.733 1.024
201708 1.044 245.519 1.425
201711 1.191 246.669 1.618
201802 1.447 248.991 1.948
201805 1.876 251.588 2.499
201808 2.334 252.146 3.102
201811 1.773 252.038 2.357
201902 0.881 252.776 1.168
201905 0.492 256.092 0.644
201908 0.328 256.558 0.428
201911 0.298 257.208 0.388
202002 0.261 258.678 0.338
202005 0.667 256.394 0.872
202008 0.793 259.918 1.022
202011 0.645 260.229 0.831
202102 0.478 263.014 0.609
202105 1.339 269.195 1.667
202108 2.091 273.567 2.562
202111 1.893 277.948 2.282
202202 1.733 283.716 2.047
202205 1.935 292.296 2.219
202208 1.157 296.171 1.309
202211 -0.158 297.711 -0.178
202302 -1.831 300.840 -2.040
202305 -1.436 304.127 -1.582
202308 -1.070 307.026 -1.168
202311 -0.914 307.051 -0.998
202402 0.587 310.326 0.634
202405 0.257 314.069 0.274
202408 0.731 314.796 0.778
202411 1.613 315.493 1.713
202502 1.354 319.082 1.422
202505 1.587 321.465 1.654
202508 2.568 323.976 2.656
202511 4.095 324.122 4.234
202602 10.458 326.785 10.725
202605 20.482 335.123 20.482

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of R$7.62 mean?
Micron Technology (BSP:MUTC34) has a E10 of R$7.62 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Micron Technology and its competitors.
Is Micron Technology's E10 too high?
Micron Technology's current E10 is R$7.62. Overall, Micron Technology has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's E10 compare to AMD and INTC?
Micron Technology's E10 of R$7.62 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 E10 for a Semiconductors company?
A good E10 depends on the Semiconductors industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Micron Technology and its competitors. Micron Technology's current E10 is R$7.62. 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 (BSP:MUTC34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$342.21, compared to a current price of R$982.49 — trading 187.1% above its estimated fair value. The current E10 is R$7.62. Micron Technology's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Micron Technology (BSP:MUTC34), the current E10 is R$7.62 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 (BSP:MUTC34) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of R$982.49 is trading 187.1% above its estimated GF Value™ of R$342.21. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for BSP:MUTC34:

  • E10: R$7.62
  • GF Value™: R$342.21 vs. price of R$982.49 (187.1% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the BSP:MUTC34 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.
61GF Score

Get the complete analysis for BSP:MUTC34

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$982.49
Price
R$342.21
GF Value