Lam Research PE ratio LRCX

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: 34.3×
10-year median: 21.2×
Against its 10-year history: 87th; percentile: 0 is its lowest day, 100 its highest
10-year range: 9.5× to 73.4×
Peer median: 36.9×

Lam Research's PE ratio is 34.3× as of Oct 23, 2026: a share price of $230.10 against $6.71 of earnings per share over the last twelve months.

That is above its ten-year median of 21.2×, higher than on 87% of days in the last ten years.

Over that time it ranged from 9.5× in Dec 2018 to 73.4× in Jun 2026.

The median for 10 semiconductor stocks of a similar size is 36.9×.

PE ratio over time

median 21.2×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	34.3×	34.3×	73.4×
2025	39.2×	17.9×	39.2×
2024	23.7×	22.6×	40.0×
2023	26.6×	12.8×	26.6×
2022	12.1×	9.6×	24.6×
2021	24.3×	19.0×	32.8×
2020	26.8×	13.9×	28.4×
2019	21.6×	10.0×	21.9×
2018	10.2×	9.5×	24.8×
2017	16.8×	16.8×	25.2×
2016	21.0×	13.7×	21.5×
2015	17.4×	16.6×	20.7×
2014	20.4×	17.9×	47.7×
2013	47.1×	44.4×	169×
2012	44.6×	7.8×	45.5×
2011	7.7×	6.3×	9.3×

Against its peers

Companies in Semiconductors nearest Lam Research's size, closest first, today.

Company	PE ratio
LRCXLam Research	34.3×
AMATApplied Materials	32.5×
TXNTexas Instruments	36.9×
MRVLMarvell Technology	75.4×
KLACKLA	39.7×
ADIAnalog Devices	46.4×
INTCIntel	n/m
QCOMQUALCOMM	20.4×
AMDAdvanced Micro Devices	133×
MUMicron Technology	11.8×
TELTE Connectivity	20.4×
Peer median	36.9×

Where Lam Research ranks

#19of 47Semiconductor stocks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Lam Research

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.