Lam Research
LRCX
#106
Rank
$128.68 B
Marketcap
$981.53
Share price
4.61%
Change (1 day)
99.94%
Change (1 year)

P/E ratio for Lam Research (LRCX)

P/E ratio as of March 2024 (TTM): 31.8

According to Lam Research's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.7943. At the end of 2022 the company had a P/E ratio of 11.3.

P/E ratio history for Lam Research from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.3-49.34%
202122.2-3.69%
202023.111.07%
201920.8178.53%
20187.46-58.05%
201717.84.46%
201617.014.91%
201514.8-17.27%
201417.9-31.26%
201326.1-58.9%
201263.4473.59%
201111.115.46%
20109.57-139.3%
2009-24.4-246.49%
200816.676.52%
20079.42-26.32%
200612.8-34.8%
200519.620.03%
200416.3-93.43%
2003248-859.19%
2002-32.7-173.29%
200144.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.5-16.78%๐Ÿ‡บ๐Ÿ‡ธ USA
30.4-4.28%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1-20.91%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9-50.02%๐Ÿ‡บ๐Ÿ‡ธ 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.