LRCX
Lam Research
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: LRCX
- PEG Ratio
As of Aug 21, 2026, LRCX's PEG ratio of 1.4 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 54.23 measured against EPS growth of 38.8%. When benchmarked against the trailing 4-quarter average of 0.97, LRCX's PEG ratio reflects a 44% increase.
LRCX PEG ratio history
Lam Research's ten years historical PEG ratio averages out to 1.27. Compared to historical data, LRCX's 1.4 PEG ratio represents an increase of 10%. LRCX hit its maximum PEG ratio of 15.23 during the Jun 2023 quarter over the last ten years. The Dec 2018 quarter marked the lowest reading at 0.09, indicating the most attractive growth-adjusted valuation.
Lam Research PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 1.69 | 65.47 | 38.8% |
| 2025 | 0.54 | 23.31 | 43.3% |
| 2024 | N/A | 36.59 | -12.6% |
| 2023 | 15.23 | 18.28 | 1.2% |
| 2022 | 0.65 | 13.68 | 21% |
| 2021 | 0.31 | 23.18 | 74.4% |
| 2020 | 2.34 | 19.39 | 8.3% |
| 2019 | N/A | 13.04 | -2% |
| 2018 | 0.3 | 11.88 | 40% |
| 2017 | 0.17 | 14.46 | 84.2% |
| 2016 | 0.37 | 14.44 | 39% |
| 2015 | 2.56 | 20.21 | 7.9% |
| 2014 | 0.04 | 17.62 | 442.9% |
| 2013 | N/A | 63.34 | -50% |
| 2012 | N/A | 27.11 | -76.3% |
Lam Research PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 1.69 | 65.47 | 38.8% |
| Mar 2026 | 0.84 | 39.74 | 47.4% |
| Dec 2025 | 0.76 | 36.34 | 48% |
| Sep 2025 | 0.6 | 28.14 | 47.1% |
| Jun 2025 | 0.54 | 23.31 | 43.3% |
| Mar 2025 | 0.62 | 20.11 | 32.2% |
| Dec 2024 | 0.8 | 22.18 | 27.8% |
| Sep 2024 | 5.23 | 26.68 | 5.1% |
| Jun 2024 | N/A | 36.59 | -12.6% |
| Mar 2024 | N/A | 35.59 | -24% |
| Dec 2023 | N/A | 30.12 | -30.4% |
| Sep 2023 | N/A | 20.99 | -15.5% |
| Jun 2023 | 15.23 | 18.28 | 1.2% |
| Mar 2023 | 1.18 | 13.98 | 11.8% |
| Dec 2022 | 0.73 | 11.08 | 15.2% |
LRCX average PEG ratio chart
Measured against past performance, LRCX's PEG ratio is above the 3 and 10-year averages, yet it comes in under the 5-year average.
PEG comparison
Lam Research's PEG of 1.4 is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 0.65, Lam Research's PEG is 115% higher.
LRCX EPS growth
LRCX Price vs fair value
LRCX PEG vs peers
Relative to its peers, LRCX's PEG ratio is below KLAC's yet above AMAT's and ASYS's.
Frequently asked questions
What is Lam Research's PEG ratio?
LRCX has a PEG ratio of 1.4, per Aug 21, 2026 data.
What is the 3-year average PEG ratio for Lam Research (LRCX)?
Across the past 3 years, LRCX's PEG ratio has centered around 1.39.
What is the 5-year average PEG ratio for Lam Research (LRCX)?
Across the past 5 years, LRCX's PEG ratio has centered around 1.92.
What is the highest PEG ratio for LRCX?
The Jun 2023 quarter marked the ten years high at 15.23 for LRCX's PEG ratio.
How does the current PEG ratio for LRCX compare to its historical average?
At present, LRCX's PEG ratio runs 10% higher than its 10-year historical average.
How is LRCX's PEG ratio calculated (Lam Research PEG ratio formula)?
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Aug 21, 2026, Lam Research carries a PE ratio of 54.23. Earnings grew at 38.8% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 1.4. PEG RATIO(1.4) = PE RATIO(54.23) / EPS GROWTH(38.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.