P/E ratio for Lam Research (LRCX)
P/E ratio as of March 2025 (TTM): 2.63
According to Lam Research's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.63199. At the end of 2022 the company had a P/E ratio of 1.13.
P/E ratio history for Lam Research from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.13 | -49.34% |
| 2021 | 2.22 | -3.69% |
| 2020 | 2.31 | 11.07% |
| 2019 | 2.08 | 178.53% |
| 2018 | 0.7461 | -58.05% |
| 2017 | 1.78 | 4.46% |
| 2016 | 1.70 | 14.91% |
| 2015 | 1.48 | -17.27% |
| 2014 | 1.79 | -31.26% |
| 2013 | 2.61 | -58.9% |
| 2012 | 6.34 | 473.59% |
| 2011 | 1.11 | 15.46% |
| 2010 | 0.9571 | -139.3% |
| 2009 | -2.44 | -246.49% |
| 2008 | 1.66 | 76.52% |
| 2007 | 0.9418 | -26.32% |
| 2006 | 1.28 | -34.8% |
| 2005 | 1.96 | 20.03% |
| 2004 | 1.63 | -93.43% |
| 2003 | 24.8 | -859.19% |
| 2002 | -3.27 | -173.29% |
| 2001 | 4.47 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 20.2 | 666.06% | 🇺🇸 USA |
 | 7.92 | 200.90% | 🇺🇸 USA |
 | 32.2 | 1,123.28% | 🇺🇸 USA |
 | 15.1 | 472.81% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.