Forward PE Ratio: 58.58
The forward PE ratio is 58.58 as of Thursday, July 9, 2026.
Forward PE Ratio (58.58) = Close Price ($353.17) / Consensus Forward EPS ($5.69)
LRCX Forward PE Ratio Metrics
FORWARD PE RATIO
58.58
LRCX Competitors' Forward PE Ratio
Lam Research Corporation
Market Cap
$441.66B
Forward PE Ratio
58.58
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Lam Research Corporation (LRCX) | $441.66B | 58.58 |
| Cisco Systems, Inc. (CSCO)vs › | $466.31B | 26.62 |
| Applied Materials, Inc. (AMAT)vs › | $467.37B | 46.61 |
| Oracle Corporation (ORCL)vs › | $415.57B | 18.77 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $348.85B | 171.29 |
| Intel Corp. (INTC)vs › | $565.63B | 102.19 |
| KLA Corporation (KLAC)vs › | $299.82B | 59.66 |
| Dell Technologies Inc. (DELL)vs › | $299.06B | 43.33 |
| Palantir Technologies Inc. (PLTR)vs › | $296.28B | 90.72 |
| Texas Instruments Incorporated (TXN)vs › | $280.79B | 39.11 |
Trailing vs Forward
Trailing P/E
62.9
reported TTM EPS
Forward P/E
58.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.69 implies +7.4% EPS growth vs the reported trailing $5.30.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $353.17 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 |
|---|---|---|---|---|
| 2027-06-29 | $8.09 | $7.47 – $8.64 | 21 | 43.6x |
| 2028-06-29 | $9.96 | $7.74 – $10.88 | 10 | 35.4x |
| 2029-06-29 | $11.36 | $10.13 – $13.09 | 8 | 31.1x |
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.
Forward PE Ratio Formula & Definition
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
Forward PE Ratio FAQ
- What is the forward PE ratio for Lam Research Corporation (LRCX)?
- The forward PE ratio for LRCX stock is 58.58.
Related Metrics
About Lam Research Corporation
Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Timothy Archer