Micron TechnologyXSWX:MU +11.16%78 PS Ratio is 15.22 as of Jun. 25, 2026, which is 446% above its 10-year median of 2.79. GuruFocus rates XSWX:MU with a GF Score™ of 78/100 and a GF Value™ of CHF320.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,021 Semiconductors companies, Micron Technology ranks worse than 85.01% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Micron Technology's share price is CHF946.54.
Micron Technology's Revenue per Share for the trailing twelve months (TTM) ended in May. 2026 was CHF62.21. Hence, Micron Technology's PS Ratio for today is 15.22.
Warning Sign:
Micron Technology Inc stock PS Ratio (=20.5) is close to 10-year high of 22.17.
The historical rank and industry rank for Micron Technology's PS Ratio or its related term are showing as below:
XSWX:MU'
s PS Ratio Range Over the Past 10 Years
Min: 1.05 Med: 2.79 Max: 22.17
Current: 20.5
During the past 13 years, Micron Technology's highest PS Ratio was 22.17. The lowest was 1.05. And the median was 2.79.
XSWX:MU's PS Ratio is ranked worse than 85.01% of 1021
companies
in the Semiconductors industry
Industry Median: 4.55
vs XSWX:MU: 20.50
During the past 12 months, the average Revenue per Share Growth Rate of Micron Technology was 84.80% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.20% per year.
During the past 13 years, Micron Technology's highest 3-Year average Revenue per Share Growth Rate was 67.40% per year. The lowest was -21.50% per year. And the median was 7.90% per year.
Back to Basics: PS Ratio
Micron Technology (XSWX:MU) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Micron Technology PS Ratio Related Terms
Micron Technology PS Ratio Historical Data
* Premium members only.
The historical data trend for Micron Technology's PS Ratio 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.
For the Semiconductors subindustry, Micron Technology's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Micron Technology's PS Ratio distribution charts can be found below:
* The bar in red indicates where Micron Technology's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Micron Technology's Share Price of today is CHF946.54. Micron Technology's Revenue per Share for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF62.21.
* 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.
It can also be calculated from the numbers for the whole company:
Micron Technology (XSWX:MU) has a PS Ratio of 15.22 as of Jun. 25, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Micron Technology and its competitors. This is 446% above median its historical median of 2.79. Over the past decade, Micron Technology's PS Ratio has ranged from 1.05 to 22.17. According to the industry distribution chart, Micron Technology ranks #868 out of 1021 companies in the Semiconductors industry, placing it in the top 85%.
Is Micron Technology's PS Ratio too high?
Micron Technology's current PS Ratio of 15.22 is 446% above median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 22.17. The Semiconductors industry median PS Ratio is 4.55. Micron Technology's value of 15.22 is 234.5% above this industry median. Based on the distribution chart, Micron Technology ranks #868 out of 1021 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Micron Technology has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's PS Ratio compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #868 out of 1021 companies for PS Ratio. This places Micron Technology in the lower half of its industry. The industry median PS Ratio is 4.55. Micron Technology's value of 15.22 is 234.5% above this benchmark. Historically, Micron Technology's own PS Ratio has ranged from 1.05 to 22.17 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 4.55, Micron Technology has consistently been above 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 PS Ratio for a Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.55, based on 1,021 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micron Technology's current PS Ratio of 15.22 is 234.5% above 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Micron Technology and its competitors. For the Semiconductors industry, the median PS Ratio is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Technology's current PS Ratio is 15.22, which is 446% above median its own 10-year median of 2.79. 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 (XSWX:MU) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF320.31, compared to a current price of CHF946.54 — trading 195.5% above its estimated fair value. The current PS Ratio is 15.22, which is 446% above median its 10-year median of 2.79 and 234.5% above the Semiconductors industry median of 4.55. Micron Technology's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Micron Technology (XSWX:MU), the current PS Ratio is 15.22 as of Jun. 25, 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 (XSWX:MU) Overvalued in 2026?
Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued.
The current stock price of CHF946.54 is trading 195.5% above its estimated GF Value™ of CHF320.31.
GuruFocus considers Micron Technology to be Significantly Overvalued.
Key valuation signals for XSWX:MU:
PS Ratio: 15.22 (446% above median its 10-year median of 2.79)
GF Value™: CHF320.31 vs. price of CHF946.54 (195.5% above fair value)
Industry Position: 234.5% above the Semiconductors median (#868 of 1021)
No single metric tells the full story. See the XSWX: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.
78GF Score
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