Price to Book Value (P/BV)
since 2005
Calculation
Micron Technology Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Total Micron shareholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 6, 2023 | 1.74 | = | 69.96 | ÷ | 40.18 | 40.18 | = | 44,120 | ÷ | 1,098,034,471 | |
| Oct 7, 2022 | 1.15 | = | 52.91 | ÷ | 45.91 | 45.91 | = | 49,907 | ÷ | 1,087,168,584 | |
| Oct 8, 2021 | 1.79 | = | 70.12 | ÷ | 39.27 | 39.27 | = | 43,933 | ÷ | 1,118,623,738 | |
| Oct 19, 2020 | 1.50 | = | 52.63 | ÷ | 35.03 | 35.03 | = | 38,996 | ÷ | 1,113,221,799 | |
| Oct 17, 2019 | 1.40 | = | 45.50 | ÷ | 32.41 | 32.41 | = | 35,881 | ÷ | 1,107,050,823 | |
| Oct 15, 2018 | 1.49 | = | 42.34 | ÷ | 28.47 | 28.47 | = | 32,294 | ÷ | 1,134,255,375 | |
| Oct 26, 2017 | 2.51 | = | 40.60 | ÷ | 16.15 | 16.15 | = | 18,621 | ÷ | 1,153,255,224 | |
| Oct 28, 2016 | 1.48 | = | 17.20 | ÷ | 11.60 | 11.60 | = | 12,080 | ÷ | 1,041,537,057 | |
| Oct 27, 2015 | 1.47 | = | 16.68 | ÷ | 11.33 | 11.33 | = | 12,302 | ÷ | 1,085,753,663 | |
| Oct 27, 2014 | 3.22 | = | 32.30 | ÷ | 10.03 | 10.03 | = | 10,771 | ÷ | 1,073,455,204 | |
| Oct 28, 2013 | 1.92 | = | 16.72 | ÷ | 8.69 | 8.69 | = | 9,142 | ÷ | 1,051,855,450 | |
| Oct 29, 2012 | 0.72 | = | 5.43 | ÷ | 7.57 | 7.57 | = | 7,700 | ÷ | 1,017,560,523 | |
| Oct 25, 2011 | 0.64 | = | 5.49 | ÷ | 8.58 | 8.58 | = | 8,470 | ÷ | 987,573,286 | |
| Oct 26, 2010 | 0.96 | = | 7.72 | ÷ | 8.05 | 8.05 | = | 8,020 | ÷ | 996,245,706 | |
| Oct 28, 2009 | 1.25 | = | 6.83 | ÷ | 5.48 | 5.48 | = | 4,654 | ÷ | 849,823,817 | |
| Oct 27, 2008 | 0.42 | = | 3.39 | ÷ | 8.09 | 8.09 | = | 6,178 | ÷ | 763,759,118 | |
| Oct 26, 2007 | 0.96 | = | 9.76 | ÷ | 10.19 | 10.19 | = | 7,752 | ÷ | 760,412,921 | |
| Nov 8, 2006 | 1.30 | = | 14.00 | ÷ | 10.76 | 10.76 | = | 8,114 | ÷ | 754,409,424 | |
| Nov 4, 2005 | 1.47 | = | 13.92 | ÷ | 9.46 | 9.46 | = | 5,847 | ÷ | 617,991,363 |
Based on: 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29), 10-K (reporting date: 2018-08-30), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-09-01), 10-K (reporting date: 2015-09-03), 10-K (reporting date: 2014-08-28), 10-K (reporting date: 2013-08-29), 10-K (reporting date: 2012-08-30), 10-K (reporting date: 2011-09-01), 10-K (reporting date: 2010-09-02), 10-K (reporting date: 2009-09-03), 10-K (reporting date: 2008-08-28), 10-K (reporting date: 2007-08-30), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-09-01).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Micron Technology Inc. Annual Report.
Comparison to Competitors
Micron Technology Inc., P/BV, long-term trends, comparison to competitors
| Micron Technology Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | NVIDIA Corp. | ON Semiconductor Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 6, 2023 | 1.74 | 4.85 | 2.53 | 8.23 | 21.59 | 1.75 | 23.25 | 10.59 | 26.02 | 4.26 | 5.72 | 8.57 |
| Oct 7, 2022 | 1.15 | 2.32 | 2.35 | 7.25 | 10.23 | 1.15 | 40.05 | 10.10 | 24.95 | 5.61 | 7.00 | 11.33 |
| Oct 8, 2021 | 1.79 | 19.21 | 2.50 | 10.60 | 10.50 | 2.21 | 15.98 | 13.64 | 20.13 | 5.53 | 15.59 | 11.87 |
| Oct 19, 2020 | 1.50 | 17.77 | 4.22 | 7.63 | 7.40 | 2.84 | 11.83 | 10.55 | 15.48 | 4.87 | 24.00 | 17.02 |
| Oct 17, 2019 | 1.40 | 20.46 | 3.61 | 6.67 | 5.09 | 3.78 | 8.15 | 6.39 | 10.10 | 2.60 | 19.69 | 13.79 |
| Oct 15, 2018 | 1.49 | 18.30 | 3.02 | 4.73 | 3.74 | 2.94 | 11.39 | 4.28 | 19.60 | 2.92 | 82.57 | 11.20 |
| Oct 26, 2017 | 2.51 | 19.87 | 3.22 | 5.94 | 5.28 | 3.08 | 10.50 | 3.82 | 10.51 | 3.56 | 2.56 | 9.89 |
| Oct 28, 2016 | 1.48 | 31.66 | 4.35 | 4.93 | 3.84 | 2.60 | 17.57 | 2.45 | 3.98 | 3.48 | 3.12 | 7.36 |
| Oct 27, 2015 | 1.47 | — | 3.72 | 2.87 | 8.24 | 2.21 | 19.57 | 2.23 | 2.82 | 2.13 | 2.88 | 5.30 |
| Oct 27, 2014 | 3.22 | 12.72 | 3.64 | 3.80 | 7.97 | 2.91 | 3.26 | 2.29 | 2.21 | 3.38 | 3.28 | 5.94 |
| Oct 28, 2013 | 1.92 | 4.94 | 3.28 | 2.82 | 4.45 | 2.11 | 2.78 | 1.69 | 1.63 | 2.84 | 3.26 | 4.46 |
| Oct 29, 2012 | 0.72 | 3.45 | 2.90 | 1.79 | 3.25 | 2.04 | 2.61 | 1.24 | 2.20 | 2.63 | 2.95 | 3.45 |
| Oct 25, 2011 | 0.64 | 3.28 | 2.62 | 1.65 | 3.51 | 2.90 | 2.11 | 1.80 | 3.26 | 2.78 | 3.25 | 3.48 |
| Oct 26, 2010 | 0.96 | 6.21 | 3.36 | 2.35 | 4.24 | 2.46 | 2.41 | 2.63 | 3.72 | 3.59 | 3.54 | 4.00 |
| Oct 28, 2009 | 1.25 | 8.23 | 3.43 | 2.53 | 3.79 | 2.76 | 2.44 | 2.67 | 2.22 | 3.47 | 3.61 | 3.10 |
| Oct 27, 2008 | 0.42 | — | 2.04 | 1.84 | — | 1.72 | 2.19 | 2.69 | 4.25 | 2.22 | 3.05 | 2.09 |
| Oct 26, 2007 | 0.96 | 1.44 | 3.99 | 3.14 | — | 2.76 | 3.27 | 4.05 | 5.09 | 116.34 | 4.11 | 4.14 |
| Nov 8, 2006 | 1.30 | 1.42 | 3.36 | 3.81 | — | 3.27 | 2.75 | 4.19 | 5.79 | — | 4.48 | 3.93 |
| Nov 4, 2005 | 1.47 | 5.83 | 3.75 | 3.42 | — | 3.34 | 3.19 | 3.75 | 3.55 | — | 5.97 | 4.00 |
Based on: 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29), 10-K (reporting date: 2018-08-30), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-09-01), 10-K (reporting date: 2015-09-03), 10-K (reporting date: 2014-08-28), 10-K (reporting date: 2013-08-29), 10-K (reporting date: 2012-08-30), 10-K (reporting date: 2011-09-01), 10-K (reporting date: 2010-09-02), 10-K (reporting date: 2009-09-03), 10-K (reporting date: 2008-08-28), 10-K (reporting date: 2007-08-30), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-09-01).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Micron Technology Inc., P/BV, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Micron Technology Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Oct 6, 2023 | 1.74 | 6.39 |
| Oct 7, 2022 | 1.15 | 5.18 |
| Oct 8, 2021 | 1.79 | 6.28 |
| Oct 19, 2020 | 1.50 | 6.13 |
| Oct 17, 2019 | 1.40 | 5.13 |
| Oct 15, 2018 | 1.49 | 4.60 |
| Oct 26, 2017 | 2.51 | 4.08 |
| Oct 28, 2016 | 1.48 | 3.40 |
| Oct 27, 2015 | 1.47 | 2.88 |
| Oct 27, 2014 | 3.22 | 3.41 |
| Oct 28, 2013 | 1.92 | 2.69 |
| Oct 29, 2012 | 0.72 | 2.35 |
| Oct 25, 2011 | 0.64 | 2.75 |
| Oct 26, 2010 | 0.96 | 2.83 |
| Oct 28, 2009 | 1.25 | 2.94 |
| Oct 27, 2008 | 0.42 | 2.08 |
| Oct 26, 2007 | 0.96 | 3.10 |
| Nov 8, 2006 | 1.30 | 3.36 |
| Nov 4, 2005 | 1.47 | 3.80 |
Based on: 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29), 10-K (reporting date: 2018-08-30), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-09-01), 10-K (reporting date: 2015-09-03), 10-K (reporting date: 2014-08-28), 10-K (reporting date: 2013-08-29), 10-K (reporting date: 2012-08-30), 10-K (reporting date: 2011-09-01), 10-K (reporting date: 2010-09-02), 10-K (reporting date: 2009-09-03), 10-K (reporting date: 2008-08-28), 10-K (reporting date: 2007-08-30), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-09-01).
Comparison to Industry (Information Technology)
Micron Technology Inc., P/BV, long-term trends, comparison to industry (information technology)
| Micron Technology Inc. | Information Technology | |
|---|---|---|
| Oct 6, 2023 | 1.74 | 11.26 |
| Oct 7, 2022 | 1.15 | 10.27 |
| Oct 8, 2021 | 1.79 | 12.33 |
| Oct 19, 2020 | 1.50 | 10.87 |
| Oct 17, 2019 | 1.40 | 8.24 |
| Oct 15, 2018 | 1.49 | 6.97 |
| Oct 26, 2017 | 2.51 | 5.45 |
| Oct 28, 2016 | 1.48 | 4.52 |
| Oct 27, 2015 | 1.47 | 4.30 |
| Oct 27, 2014 | 3.22 | 4.36 |
| Oct 28, 2013 | 1.92 | 3.50 |
| Oct 29, 2012 | 0.72 | 3.77 |
| Oct 25, 2011 | 0.64 | 4.00 |
| Oct 26, 2010 | 0.96 | 4.17 |
| Oct 28, 2009 | 1.25 | 4.34 |
| Oct 27, 2008 | 0.42 | 4.02 |
| Oct 26, 2007 | 0.96 | 8.78 |
| Nov 8, 2006 | 1.30 | 7.32 |
| Nov 4, 2005 | 1.47 | 7.50 |
Based on: 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29), 10-K (reporting date: 2018-08-30), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-09-01), 10-K (reporting date: 2015-09-03), 10-K (reporting date: 2014-08-28), 10-K (reporting date: 2013-08-29), 10-K (reporting date: 2012-08-30), 10-K (reporting date: 2011-09-01), 10-K (reporting date: 2010-09-02), 10-K (reporting date: 2009-09-03), 10-K (reporting date: 2008-08-28), 10-K (reporting date: 2007-08-30), 10-K (reporting date: 2006-08-31), 10-K (reporting date: 2005-09-01).