Lam Research Corporation
LRCX Technology Semiconductor Equipment & Materials
Lam Research Corporation’s revenue for fiscal 2026 (year ended June 2026) was $23.2 billion, up 26.0% from fiscal 2025. In the quarter to June 2026, revenue grew 30.0%, EPS grew 34.8%, free cash flow fell 46.8% and total debt fell 16.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years.
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Lam Research Corporation (LRCX) P/B ratio
As of 16 October 2026, Lam Research Corporation (LRCX) trades at a P/B ratio of 26.6×. Over the past ten years it has ranged from 1.8× (February 2016) to 48.5× (June 2026); the current reading is higher than 94% of that period. That is above the Semiconductor Equipment & Materials industry median of 3.2× and above the Technology sector median of 2.7×.
P/B ratio, daily
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Annual newest first
| 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 newest first
| 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 | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| AMKR Amkor Technology, Inc. compare | 2.2× |
| Q Qnity Electronics, Inc. compare | 3.2× |
| ENTG Entegris, Inc. compare | 5.1× |
| ONTO Onto Innovation Inc. compare | 5.7× |
| AMAT Applied Materials, Inc. compare | 12.7× |
| TER Teradyne, Inc. compare | 14.6× |
| LRCX Lam Research Corporation | 26.6× |
| ASML ASML Holding N.V. compare | 28.3× |
| KLAC KLA Corporation compare | 34.2× |
| Semiconductor Equipment & Materials industry median | 3.2× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
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))
More on LRCX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement