P/E ratio for Lam Research (LRCX)
P/E ratio as of June 2025 (TTM): 25.1
According to Lam Research's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.0734. At the end of 2024 the company had a P/E ratio of 21.8.
P/E ratio history for Lam Research from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 21.8 | -27.67% |
| 2023 | 30.2 | 167.8% |
| 2022 | 11.3 | -49.34% |
| 2021 | 22.2 | -3.69% |
| 2020 | 23.1 | 11.07% |
| 2019 | 20.8 | 178.53% |
| 2018 | 7.46 | -58.05% |
| 2017 | 17.8 | 4.46% |
| 2016 | 17.0 | 14.91% |
| 2015 | 14.8 | -17.27% |
| 2014 | 17.9 | -31.26% |
| 2013 | 26.1 | -58.9% |
| 2012 | 63.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Applied Materials AMAT | 20.9 | -16.70% | 🇺🇸 USA |
 Axcelis Technologies
ACLS | 12.2 | -51.23% | 🇺🇸 USA |
 KLA KLAC | 31.6 | 26.20% | 🇺🇸 USA |
 Veeco
VECO | 18.4 | -26.50% | 🇺🇸 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.