In the current market session, Micron Technology Inc. (NASDAQ:MU) stock price is at $99.70, after a 0.61% drop. However, over the past month, the company’s stock increased by 11.64%, and in the past year, by 44.36%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. Micron Technology P/E Compared to CompetitorsThe P/E ratio measures the current share price to the company’s EPS. It is used by long-term investors to analyze the company’s current performance against it’s past earnings, historical dat…