Trefis Team, Contributor / Forbes: Money
Micron Technology Stock Has Outperformed The SP Despite Flat Sales Since 2018 – Here’s Why – Price-To-Sales (P/S) multiple for Micron jumped from 1.2x in 2018-end to 3.9x by 2020 end, but has pulled back to around 2x currently, still almost 1.7x higher than its 2018 level Despite Microns subdued performance between 2018 and 2020, its P/S multiple rose strongly from 1.2x in 2018-end to a…Price-To-Sales …
