What is LRCX's five-year median P/E?

24.2x. Half of LRCX's weekly readings over the last five years were higher and half were lower. This page has 794 weekly readings, from Aug 15, 2011 to Oct 26, 2026.

Does a low historical rank mean a stock is a buy?

No. The rank compares LRCX only with its own past. Slower growth or more risk can justify a lower multiple than before. P/E uses earnings and P/S uses revenue from the last twelve months.

Lam Research (LRCX) valuation

Information TechnologyPart of the AI infrastructure themePart of the chip equipment theme

$254.39

Latest weekly close · Market cap $319.5B

Above its usual range

Lam Research's P/E of 37.9x is higher than 81% of its weekly readings over the last five years (as of Oct 30, 2026).

Forward P/E 19.6× (analyst estimates, not ranked).

Weekly P/E with its 5-year range

P/E each weekMiddle half of the last 5 years5-year median 24.2×

5-year median: 24.2×
10-year median: 21.2×
5-year low to high: 9.6× to 73.5×
Versus 5-year median: +57%

P/E

81stpercentile

of its weekly readings over the last five years

Growth, last 12 months vs the year before

Revenue: +33%accelerating
EPS: +48%

Price vs revenue and EPS, indexed to 100

Each line starts at 100 at its first positive reading over the last five years. Revenue and EPS change at fiscal quarter ends.

PriceRevenue, last 12 monthsEPS, last 12 months100 = first reading

P/E at each year-end

The last weekly reading of each year, and its percentile against the five years before it.

LRCX P/E at each year-end
Year-end	P/E	5-year percentile	P/S	EV/Sales	EV/EBITDA
Dec 29, 2025	40.9×	100	12.0×	11.8×	33.8×
Dec 30, 2024	24.3×	62	6.3×	6.2×	19.8×
Dec 25, 2023	26.6×	88	6.6×	6.6×	21.4×
Dec 26, 2022	12.1×	18	3.2×	3.3×	9.7×
Dec 27, 2021	24.3×	81	6.5×	6.6×	19.9×
Dec 28, 2020	26.8×	98	6.3×	6.4×	21.1×
Dec 30, 2019	21.7×	94	4.7×	4.7×	16.4×
Dec 31, 2018	10.4×	2	2.1×	2.1×	6.6×
Dec 25, 2017	16.8×	7	3.8×	3.8×	13.1×
Dec 26, 2016	21.0×	59	3.2×	3.0×	13.0×

Information Technology peers on P/E

Each percentile compares a stock with its own last five years.

Compare LRCX with peers

Information Technology peers of LRCX on P/E
Stock	P/E	Versus its own history	5-year percentile
AMATApplied Materials	36.4×	Above its usual range	86
KLACKLA	41.9×	Above its usual range	83
AAOIApplied Optoelectronics Inc	n/m	Not ranked	n/m, not ranked
AAPLApple	40.1×	Historically high	98
ACLSAxcelis Technologies	37.6×	Historically high	91

Appears in

Sector: Information Technology
Themes: AI Infrastructure Semiconductor Equipment
Screens: Nuclear Stocks: Valuation Screen
Semiconductor Equipment Stocks: Valuation Screen

Screen Information Technology stocks the same way

Research on LRCX

Loading peers and related research…

About this history

What is LRCX's current P/E?: Lam Research's P/E of 37.9x is higher than 81% of its weekly readings over the last five years (as of Oct 30, 2026).
What is LRCX's five-year median P/E?: 24.2x. Half of LRCX's weekly readings over the last five years were higher and half were lower. This page has 794 weekly readings, from Aug 15, 2011 to Oct 26, 2026.
Does a low historical rank mean a stock is a buy?: No. The rank compares LRCX only with its own past. Slower growth or more risk can justify a lower multiple than before. P/E uses earnings and P/S uses revenue from the last twelve months.