Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 56.26.
Forward PE Ratio (56.26) = Close Price ($316.87) / Consensus Forward EPS ($5.70)
FORWARD PE RATIO
56.26
SECTOR MEDIAN · TECHNOLOGY
26.65
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
+111.11%
vs the sector median at left
Lam Research Corporation
Market Cap
$396.27B
Forward PE Ratio
56.26
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Lam Research Corporation (LRCX) | $396.27B | 56.26 |
| Palantir Technologies Inc. (PLTR)vs › | $391.53B | 106.78 |
| Applied Materials, Inc. (AMAT)vs › | $372.55B | 36.90 |
| Dell Technologies Inc. (DELL)vs › | $369.28B | 53.55 |
| Cisco Systems, Inc. (CSCO)vs › | $432.22B | 25.53 |
| Oracle Corporation (ORCL)vs › | $465.76B | 21.71 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $287.65B | 149.21 |
| Palo Alto Networks, Inc. (PANW)vs › | $273.96B | N/A |
| Sandisk Corporation (SNDK)vs › | $265.20B | 26.01 |
| Intel Corp. (INTC)vs › | $532.97B | 69.67 |
Trailing P/E
55.6
reported TTM EPS
Forward P/E
56.3
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 $316.87 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 | $8.58 – $10.16 | 21 | 33.4x |
| 2028-06-28 | $11.76 | $10.09 – $12.85 | 17 | 26.9x |
| 2029-06-28 | $13.66 | $11.20 – $17.86 | 9 | 23.2x |
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