Back to LRCX overview
#
LRCX Lam Research
PE ratio, current and historical analysis

## LRCX PE ratio history

### Lam Research PE ratio by year

## LRCX average PE ratio chart

## LRCX PE vs peers

## Frequently asked questions

###
What is Lam Research's PE ratio?

###
What is the 3-year average PE ratio for Lam Research (LRCX)?

###
What is the 5-year average PE ratio for Lam Research (LRCX)?

###
What is the highest PE ratio for LRCX?

###
How does the current PE ratio for LRCX compare to its historical average?

###
How is LRCX's PE ratio calculated (Lam Research PE ratio formula)?

The current PE ratio for Lam Research stock as of Jun 12, 2024 is 37.95. This is calculated based on the TTM EPS of $27.34 and the stock price of $1,037.63 per share. The PE ratio marks an increase of 45% from its last 4 quarters average of 26.2.

How has LRCX's PE ratio performed in the past

The average historical PE ratio of Lam Research for the last ten years is 17.23. The current P/E ratio of 37.95 is 120% higher than the historical average. Looking back at the last ten years, LRCX's PE ratio peaked in the Mar 2024 quarter at 35.54, when the price was $971.57 and the EPS was $27.34. The lowest point was in the Dec 2018 quarter, when it reached 6.98 with a price of $127.16 and an EPS of $18.23.

Average

17.23

Median

17

Minimum

6.98

Maximum

35.54

Maximum annual increase: 48.81% in 2020

Maximum annual decrease: -73.66% in 2014

Year | PE ratio | Change |
---|---|---|

2023 | 18.28 | 33.63% |

2022 | 13.68 | -40.93% |

2021 | 23.16 | 19.07% |

2020 | 19.45 | 48.81% |

2019 | 13.07 | 10.2% |

2018 | 11.86 | -18.21% |

2017 | 14.5 | 1.33% |

2016 | 14.31 | -29.02% |

2015 | 20.16 | 15.66% |

2014 | 17.43 | -73.66% |

What is the average PE ratio of LRCX for the past years

LRCX's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg

19.74

5-year avg

19.47

10-year avg

17.23

15-year avg

21.94

What is LRCX's PE ratio compared to its peers

In comparison to its peer KLAC, LRCX's PE ratio is lower, but it is higher than AMAT's and ACLS's.

Stock name | PE ratio | Market cap |
---|---|---|

ACLS Axcelis Technologies Inc | 18.48 | $4.59B |

AMAT Applied Materials Inc | 27.08 | $196.63B |

LRCX Lam Research Corp | 38 | $135.81B |

KLAC Kla Corp | 43.19 | $111.71B |

VECO Veeco Instruments Inc | N/A | $2.64B |

ASYS Amtech Systems Inc | N/A | $84.12M |

The price to earnings ratio for LRCX stock as of Jun 12, 2024, stands at 37.95.

The average PE ratio for LRCX stock over the past 3 years is 19.74.

The average PE ratio for LRCX stock over the past 5 years is 19.47.

Within the last ten years, the current PE ratio is at its peak with a value of 37.95.

The current PE ratio of LRCX is 120% higher than the 10-year historical average.

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 12, 2024), Lam Research's share price is $1,037.63. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $27.34. Therefore, Lam Research's PE ratio for today is 37.95. `PE RATIO(37.95) = STOCK PRICE($1,037.63) / TTM EPS($27.34)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.