Since 2005, Micron Technology Inc (MU) has seen its shares increase by 17,700% in value, representing a total rate of return of over 177x. Despite this massive price appreciation, the asset's P/E ratio has compressed from 39.49x in 2005 to a projected 22.19x by August 2028. The data highlights an EPS CAGR of 28.53% and a forecasted price of $2,161.07 by late 2028.