Micron's low forward PE ratio contradicts bubble concerns Micron trades at a forward PE of 8 with a PEG ratio of 0.259. The company posted an EPS beat of 39% in its most recent quarter. Its Cloud Memory Business Unit revenue reached $5.28 billion at 66% gross mar
Micron’s low forward PE ratio contradicts bubble concerns
Micron trades at a forward PE of 8 with a PEG ratio of 0.259.
The company posted an EPS beat of 39% in its most recent quarter.
Its Cloud Memory Business Unit revenue reached $5.28 billion at 66% gross margin, with an operating margin of 68% and return on equity of 40%.
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