Market Cap : 69.48 B | Enterprise Value : 65.34 B | PE Ratio : 7.20 | PB Ratio : 1.41 |
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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 $62.98. Micron Technology's Revenue per Share for the trailing twelve months (TTM) ended in May. 2022 was $28.65. Hence, Micron Technology's PS Ratio for today is 2.20.
The historical rank and industry rank for Micron Technology's PS Ratio or its related term are showing as below:
During the past 13 years, Micron Technology's highest PS Ratio was 4.60. The lowest was 0.58. And the median was 2.01.
MU's PS Ratio is ranked better thanMicron Technology's Revenue per Sharefor the three months ended in May. 2022 was $7.71. Its Revenue per Share for the trailing twelve months (TTM) ended in May. 2022 was $28.65.
Good Sign:
Micron Technology Inc has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Micron Technology was 28.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was -0.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 12.00% per year.
During the past 13 years, Micron Technology's highest 3-Year average Revenue per Share Growth Rate was 97.00% per year. The lowest was -21.50% per year. And the median was 9.10% per year.
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.
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 PS Ratio for today is calculated as
PS Ratio | = | Share Price | / | Revenue per Share (TTM) |
= | 62.98 | / | 28.654 | |
= | 2.20 |
Micron Technology's Share Price of today is $62.98.
Micron Technology's Revenue per Share for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.65.
* 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:
PS Ratio | = | Market Cap | / | Revenue |
The Revenue here is for the trailing 12 months.
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.
Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.
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.
Thank you for viewing the detailed overview of Micron Technology's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Murphy Mark J. | officer: EVP & Chief Financial Officer | DELPHI AUTOMOTIVE PLC 5725 DELPHI DRIVE TROY MI 48098 |
Beard Robert P | officer: SVP, General Counsel&Secretary | 8000 S. FEDERAL WAY BOISE ID 83716 |
Haynesworth Linnie M | director | 214 N TRYON STREET CHARLOTTE NC 28202 |
Allen Scott R. | officer: CVP, Chief Accounting Officer | 11690 N.W. 105TH STREET MIAMI FL 33178 |
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Gomo Steven J | director | 495 E. JAVA DRIVE SUNNYVALE CA 94089 |
Mccarthy Mary Pat | director | 2704 WEST 112TH STREET LEAWOOD KS 66211 |
Bokan Michael W | officer: SVP, WORLDWIDE SALES | 8000 S FEDERAL WAY MS 1-557 BOISE ID 83716 |
Zinsner David | officer: SVP & Chief Financial Officer | 1001 MURPHY RANCH ROAD MILPITAS CA 95035 |
Bhatia Manish H | officer: EVP, Global Operations | C/O WESTERN DIGITAL CORPORATION 5601 GREAT OAKS PARKWAY SAN JOSE CA 95119 |
Sadana Sumit | officer: EVP & Chief Business Officer | 47544 AVALON HEIGHTS TERRACE FREMONT CA 94539 |
Mehrotra Sanjay | officer: President & CEO | C/O WESTERN DIGITAL CORPORATION 3355 MICHELSON DRIVE, SUITE 100 IRVINE CA 92612 |
Maddock Ernest E | officer: CFO & VP, Finance | LAM RESEARCH 4650 CUSHING PARKWAY FREMONT CA 94538 |
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