Lam Research Corporation LRCX

315.21 8.05 2.62% as of 25 Sep
Market cap
$390.4B
P/E
54.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Lam Research Corporation (LRCX) P/B ratio

As of 25 September 2026, Lam Research Corporation (LRCX) trades at a P/B ratio of 31.7×. Over the past ten years it has ranged from 1.8× (February 2016) to 48.5× (June 2026); the current reading is higher than 98% of that period. That is above the Semiconductor Equipment & Materials industry median of 4.9× and above the Technology sector median of 3.0×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2026 43.6× 243.54%
FY2025 12.7× (22.22%)
FY2024 16.3× 53.86%
FY2023 10.6× 11.70%
FY2022 9.5× (38.75%)
FY2021 15.5× 71.55%
FY2020 9.0× 46.35%
FY2019 6.2× 45.23%
FY2018 4.3× 29.53%
FY2017 3.3× 49.88%

Quarterly

Period P/B ratio Change
Jun 2026 43.6× 72.88%
Mar 2026 25.2× 19.15%
Dec 2025 21.2× 27.46%
Sep 2025 16.6× 30.85%
42 more quarters

Against its own ten years

Low 1.8× High 48.5×
Ten-year median 8.7×
Current reading's percentile 98

P/B ratio against peers

Company P/B ratio
AMKR Amkor Technology, Inc. compare 2.8×
Q Qnity Electronics, Inc. compare 3.5×
ENTG Entegris, Inc. compare 5.6×
ONTO Onto Innovation Inc. compare 7.4×
AMAT Applied Materials, Inc. compare 15.0×
TER Teradyne, Inc. compare 17.9×
ASML ASML Holding N.V. compare 30.2×
LRCX Lam Research Corporation 31.7×
KLAC KLA Corporation compare 38.8×
Semiconductor Equipment & Materials industry median 4.9×
Technology sector median 3.0×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on LRCX