Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 55.13.
Forward PE Ratio (55.13) = Close Price ($314.00) / Consensus Forward EPS ($5.70)
FORWARD PE RATIO
55.13
SECTOR MEDIAN · TECHNOLOGY
27.14
median of 147 covered companies
CURRENT VS SECTOR MEDIAN
+103.13%
vs the sector median at left
Lam Research Corporation
Market Cap
$392.68B
Forward PE Ratio
55.13
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Lam Research Corporation (LRCX) | $392.68B | 55.13 |
| Applied Materials, Inc. (AMAT)vs › | $390.88B | 38.42 |
| Palantir Technologies Inc. (PLTR)vs › | $413.15B | 112.48 |
| Oracle Corporation (ORCL)vs › | $421.90B | 19.56 |
| Cisco Systems, Inc. (CSCO)vs › | $437.66B | 25.96 |
| Intel Corp. (INTC)vs › | $454.31B | 60.12 |
| Dell Technologies Inc. (DELL)vs › | $293.59B | 44.34 |
| Palo Alto Networks, Inc. (PANW)vs › | $291.66B | 94.83 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $259.87B | 138.82 |
| SAP SE (SAP)vs › | $254.81B | 30.85 |
Trailing P/E
54.5
reported TTM EPS
Forward P/E
55.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.70 implies -1.0% EPS decline vs the reported trailing $5.76.
At today's $314.00 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-06-28 | $9.48 | $8.59 – $10.17 | 21 | 33.1x |
| 2028-06-28 | $11.74 | $10.08 – $12.83 | 17 | 26.7x |
| 2029-06-28 | $13.58 | $11.22 – $17.02 | 9 | 23.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute