• Micron Technology average price/book ratio for 2023 was 1.66, a 7.79% increase from 2022.
• Micron Technology average price/book ratio for 2022 was 1.54, a 27.7% increase from 2021.
• Micron Technology average price/book ratio for 2021 was 2.13, a 42.95% decline from 2020.

Price/book ratio can be defined as