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Lam Research Corporation (LRCX)
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Lam Research Corporation (LRCX) PE Ratio: 69.69

Is Lam Research Corporation’s P/E ratio high or low?

Lam Research Corporation's P/E ratio of 69.69 is 175% above its 5-year average of 25.38, near the high end of its 5-year range (9.63–73.38).

As of Wednesday, June 17, 2026. 74.97% above its 12-month average of 39.83.

PE Ratio (69.69) = Close Price ($369.34) / Diluted TTM EPS ($5.30)

LRCX PE Ratio Chart

LRCX PE Ratio
69.69+167.83% 1Y
Zoom

LRCX Average PE Ratio Chart

LRCX Current vs Average PE Ratio Chart

LRCX PE Ratio Metrics

PE RATIO

69.69

PE RATIO AVG TTM

39.83

PE RATIO AVG 3Y

29.80

PE RATIO AVG 5Y

24.31

PE RATIO AVG 10Y

20.73

PE RATIO AVG 15Y

19.85

PE RATIO AVG 20Y

18.34

CURRENT VS TTM AVG

+74.97%

CURRENT VS 3Y AVG

+133.90%

CURRENT VS 5Y AVG

+186.73%

CURRENT VS 10Y AVG

+236.19%

CURRENT VS 15Y AVG

+251.10%

CURRENT VS 20Y AVG

+279.94%

LRCX Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Lam Research Corporation (LRCX)$461.89B69.6939.8329.8024.31
Cisco Systems, Inc. (CSCO)vs ›$471.28B39.8629.9723.0821.40
Applied Materials, Inc. (AMAT)vs ›$451.15B53.4131.5024.6322.10
Arm Holdings plc American Depositary Shares (ARM)vs ›$421.71B471.83216.11407.99407.99
Oracle Corporation (ORCL)vs ›$541.70B32.3044.6539.3134.44
Intel Corporation (INTC)vs ›$609.88BN/A3661.04651.46254.72
KLA Corporation (KLAC)vs ›$310.02B6.724.083.382.79
Palantir Technologies Inc. (PLTR)vs ›$308.58B148.06406.48353.03353.03
Sandisk Corporation (SNDK)vs ›$290.08B68.0855.3244.5044.50
Texas Instruments Incorporated (TXN)vs ›$278.22B52.2637.6631.5427.38

P/E vs. its own history

At 69.7, P/E is richer than usual, sitting higher than 96% of its 20-year history.

20-year low

5.4

median

19.0

20-year high

169.7

cheaperricher

P/E Comparison

Trailing P/E

69.7

Forward P/E

46.0

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$369.34

÷

Forward EPS (Est.)

$8.02

=

Forward P/E

46.05

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Lam Research Corporation 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

Lam Research Corporation PE Ratio FAQ

What is the P/E ratio for Lam Research Corporation (LRCX)?
The P/E ratio for LRCX stock is 69.69.
Is Lam Research Corporation's P/E ratio high or low?
Lam Research Corporation's P/E ratio of 69.69 is 175% above its 5-year average of 25.38, near the high end of its 5-year range (9.63–73.38).
What is the TTM average P/E ratio for Lam Research Corporation (LRCX)?
The TTM average P/E ratio for LRCX stock is 39.83.
What is the 3Y average P/E ratio for Lam Research Corporation (LRCX)?
The 3Y average P/E ratio for LRCX stock is 29.80.
What is the 5Y average P/E ratio for Lam Research Corporation (LRCX)?
The 5Y average P/E ratio for LRCX stock is 24.31.
What is the 10Y average P/E ratio for Lam Research Corporation (LRCX)?
The 10Y average P/E ratio for LRCX stock is 20.73.
What is the 15Y average P/E ratio for Lam Research Corporation (LRCX)?
The 15Y average P/E ratio for LRCX stock is 19.85.
What is the 20Y average P/E ratio for Lam Research Corporation (LRCX)?
The 20Y average P/E ratio for LRCX stock is 18.34.

Lam Research Corporation PE Ratio History

DATEPE RATIO
2026-06-1669.69
2026-06-1573.38
2026-06-1269.21
2026-06-1168.40
2026-06-1060.72
2026-06-0961.73
2026-06-0861.22
2026-06-0557.22
2026-06-0463.47
2026-06-0364.85
2026-06-0263.10
2026-06-0159.83
2026-05-2960.03
2026-05-2860.00
2026-05-2760.18
2026-05-2660.88
2026-05-2257.61
2026-05-2157.03
2026-05-2055.11
2026-05-1951.58
2026-05-1852.45
2026-05-1553.72
2026-05-1456.44
2026-05-1355.74
2026-05-1254.57
2026-05-1155.86
2026-05-0855.48
2026-05-0754.06
2026-05-0656.07
2026-05-0552.04
2026-05-0448.79
2026-05-0148.44
2026-04-3048.65
2026-04-2946.93
2026-04-2847.40
2026-04-2748.96
2026-04-2450.52
2026-04-2348.78
2026-04-2254.42
2026-04-2152.94
2026-04-2053.93
2026-04-1754.84
2026-04-1653.48
2026-04-1554.34
2026-04-1455.82
2026-04-1354.78
2026-04-1054.03
2026-04-0953.02
2026-04-0850.51
2026-04-0745.97
2026-04-0645.22
2026-04-0244.76
2026-04-0145.49
2026-03-3143.78
2026-03-3040.97
2026-03-2743.32
2026-03-2643.36
2026-03-2547.84
2026-03-2448.94
2026-03-2347.81
2026-03-2046.80
2026-03-1947.95
2026-03-1846.05
2026-03-1746.41
2026-03-1644.96
2026-03-1343.48
2026-03-1242.93
2026-03-1144.85
2026-03-1044.10
2026-03-0943.27
2026-03-0640.85
2026-03-0543.99
2026-03-0445.69
2026-03-0344.52
2026-03-0247.34
2026-02-2747.93
2026-02-2648.99
2026-02-2551.12
2026-02-2450.05
2026-02-2349.65
2026-02-2050.19
2026-02-1948.65
2026-02-1849.20
2026-02-1748.27
2026-02-1348.26
2026-02-1247.40
2026-02-1148.18
2026-02-1046.44
2026-02-0946.98
2026-02-0647.34
2026-02-0543.71
2026-02-0442.99
2026-02-0347.15
2026-02-0248.67
2026-01-3047.84
2026-01-2950.85
2026-01-2852.77
2026-01-2752.52
2026-01-2649.09
2026-01-2348.00
2026-01-2248.61
2026-01-2150.31
2026-01-2048.99
2026-01-1649.11
2026-01-1547.90
2026-01-1445.99
2026-01-1347.22
2026-01-1248.55
2026-01-0948.10
2026-01-0844.26
2026-01-0744.73
2026-01-0645.59
2026-01-0542.90
2026-01-0240.76
2025-12-3137.70
2025-12-3038.28
2025-12-2938.74
2025-12-2639.22
2025-12-2439.06
2025-12-2338.58
2025-12-2238.60
2025-12-1937.94
2025-12-1836.28
2025-12-1734.14
2025-12-1635.96
2025-12-1536.19
2025-12-1235.36
2025-12-1137.16
2025-12-1037.06
2025-12-0936.52
2025-12-0835.85
2025-12-0534.96
2025-12-0434.60
2025-12-0335.19
2025-12-0234.84
2025-12-0134.09
2025-11-2834.36
2025-11-2634.17
2025-11-2533.46
2025-11-2433.12
2025-11-2131.42
2025-11-2030.75
2025-11-1932.78
2025-11-1831.55
2025-11-1732.48
2025-11-1432.66
2025-11-1333.77
2025-11-1235.56
2025-11-1135.06
2025-11-1036.65
2025-11-0735.10
2025-11-0635.72
2025-11-0536.35
2025-11-0434.31
2025-11-0335.52
2025-10-3134.68
2025-10-3035.46
2025-10-2935.39
2025-10-2834.28
2025-10-2734.56
2025-10-2433.41
2025-10-2335.47
2025-10-2233.95
2025-10-2134.87
2025-10-2034.63
2025-10-1734.02
2025-10-1634.22
2025-10-1534.80
2025-10-1433.25
2025-10-1333.13
2025-10-1031.58
2025-10-0933.89
2025-10-0834.26
2025-10-0733.74
2025-10-0635.85
2025-10-0335.05
2025-10-0235.33
2025-10-0134.32
2025-09-3032.19
2025-09-2931.51
2025-09-2630.85
2025-09-2530.80
2025-09-2430.85
2025-09-2331.71
2025-09-2231.78
2025-09-1930.51
2025-09-1830.37
2025-09-1729.30
2025-09-1628.96
2025-09-1528.66
2025-09-1228.12
2025-09-1127.78
2025-09-1025.81
2025-09-0925.38
2025-09-0825.26
2025-09-0524.75
2025-09-0424.14
2025-09-0323.50
2025-09-0223.32
2025-08-2924.07
2025-08-2825.02
2025-08-2724.92
2025-08-2624.91
2025-08-2524.35
2025-08-2224.06
2025-08-2123.66
2025-08-2023.83
2025-08-1924.12
2025-08-1823.77
2025-08-1523.92
2025-08-1425.81
2025-08-1325.66
2025-08-1225.31
2025-08-1124.52
2025-08-0828.34
2025-08-0727.62
2025-08-0626.72
2025-08-0526.93
2025-08-0427.41
2025-08-0126.84
2025-07-3126.42
2025-07-3027.60
2025-07-2927.56
2025-07-2827.47
2025-07-2527.01
2025-07-2427.24
2025-07-2327.05
2025-07-2227.21
2025-07-2128.34
2025-07-1828.04
2025-07-1728.08
2025-07-1627.96
2025-07-1528.15
2025-07-1427.75
2025-07-1128.34
2025-07-1028.15
2025-07-0927.80
2025-07-0827.81
2025-07-0727.34
2025-07-0327.52
2025-07-0227.53
2025-07-0126.97
2025-06-3027.11
2025-06-2727.08
2025-06-2626.97
2025-06-2526.75
2025-06-2426.64
2025-06-2325.52
2025-06-2025.21
2025-06-1825.69
2025-06-1725.81
2025-06-1626.02
2025-06-1324.94
2025-06-1225.53
2025-06-1125.33
2025-06-1025.35
2025-06-0924.60
2025-06-0624.05
2025-06-0523.65
2025-06-0423.61

Showing the most recent 260 of 4,782 data points. The chart above shows the full history.

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.

Fremont, CA
18,600 employees
Technology / Semiconductors
Sector
Technology
Industry
Semiconductors
CEO
Timothy Archer