Micron Technology (WBO:MU) E10: €7.82 (As of May. 2026)


WBO:MU Micron Technology Inc WBO:MU
71 GF Score
Price €1,019.60
GF Value €355.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Micron Technology E10?

Micron Technology WBO:MU -2.07% 71 E10 is €7.82 as of May. 2026. GuruFocus rates WBO:MU with a GF Score™ of 71/100 and a GF Value™ of €355.14 (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 €21.118. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €7.82 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 €1019.60. Micron Technology's E10 for the quarter that ended in May. 2026 was €7.82. Micron Technology's Shiller PE Ratio of today is 130.38.

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  (WBO:MU) 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
=1019.60/7.82
=130.38

* 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 3.10 4.84 4.03 3.79 4.12

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 4.00 4.12 4.49 5.50 7.82

WBO:MU 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.


WBO:MU
71GF Score
Micron Technology Inc WBO:MU
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)
=21.118/335.1230*335.1230
=21.118

Current CPI (May. 2026) = 335.1230.

Micron Technology Quarterly Data

per share eps CPI Adj_EPS
201608 -0.143 240.849 -0.199
201611 0.148 241.353 0.206
201702 0.723 243.603 0.995
201705 1.267 244.733 1.735
201708 1.686 245.519 2.301
201711 1.866 246.669 2.535
201802 2.163 248.991 2.911
201805 2.623 251.588 3.494
201808 3.083 252.146 4.098
201811 2.473 252.038 3.288
201902 1.251 252.776 1.659
201905 0.662 256.092 0.866
201908 0.441 256.558 0.576
201911 0.389 257.208 0.507
202002 0.330 258.678 0.428
202005 0.651 256.394 0.851
202008 0.735 259.918 0.948
202011 0.601 260.229 0.774
202102 0.438 263.014 0.558
202105 1.251 269.195 1.557
202108 2.032 273.567 2.489
202111 1.787 277.948 2.155
202202 1.762 283.716 2.081
202205 2.214 292.296 2.538
202208 1.332 296.171 1.507
202211 -0.177 297.711 -0.199
202302 -1.980 300.840 -2.206
202305 -1.592 304.127 -1.754
202308 -1.201 307.026 -1.311
202311 -1.035 307.051 -1.130
202402 0.658 310.326 0.711
202405 0.277 314.069 0.296
202408 0.717 314.796 0.763
202411 1.573 315.493 1.671
202502 1.354 319.082 1.422
202505 1.490 321.465 1.553
202508 2.431 323.976 2.515
202511 3.979 324.122 4.114
202602 10.211 326.785 10.472
202605 21.118 335.123 21.118

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 €7.82 mean?
Micron Technology (WBO:MU) has a E10 of €7.82 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 €7.82. Overall, Micron Technology has a GF Score™ of 71/100 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 €7.82 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 €7.82. 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 (WBO:MU) is currently considered Significantly Overvalued. The stock's GF Value™ is €355.14, compared to a current price of €1,019.60 — trading 187.1% above its estimated fair value. The current E10 is €7.82. Micron Technology's overall GF Score™ is 71/100 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 (WBO:MU), the current E10 is €7.82 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 (WBO:MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of €1,019.60 is trading 187.1% above its estimated GF Value™ of €355.14. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for WBO:MU:

  • E10: €7.82
  • GF Value™: €355.14 vs. price of €1,019.60 (187.1% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the WBO:MU 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.
71GF Score

Get the complete analysis for WBO:MU

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

€1,019.60
Price
€355.14
GF Value