Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 53.65 as of Saturday, July 25, 2026.
Forward PE Ratio (53.65) = Close Price ($305.21) / Consensus Forward EPS ($5.69)
FORWARD PE RATIO
53.65
SECTOR MEDIAN · TECHNOLOGY
26.26
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+104.30%
vs the sector median at left
Lam Research Corporation
Market Cap
$381.69B
Forward PE Ratio
53.65
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Lam Research Corporation (LRCX) | $381.69B | 53.65 |
| Applied Materials, Inc. (AMAT)vs › | $425.76B | 43.70 |
| Oracle Corporation (ORCL)vs › | $331.23B | 15.36 |
| Cisco Systems, Inc. (CSCO)vs › | $449.99B | 26.70 |
| Intel Corp. (INTC)vs › | $464.00B | 72.56 |
| Dell Technologies Inc. (DELL)vs › | $290.48B | 43.88 |
| Palantir Technologies Inc. (PLTR)vs › | $282.23B | 84.45 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $276.65B | 148.34 |
| KLA Corporation (KLAC)vs › | $275.00B | 56.75 |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 33.30 |
Trailing P/E
57.6
reported TTM EPS
Forward P/E
53.6
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.
At today's $305.21 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 | $8.06 | $7.39 – $8.94 | 21 | 37.9x |
| 2028-06-29 | $9.80 | $7.06 – $14.86 | 13 | 31.1x |
| 2029-06-29 | $11.36 | $11.25 – $11.46 | 2 | 26.9x |
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
