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.

263.94 13.52 −4.87%
Market cap
$347.2B
P/E
45.6×
Fwd P/E
38.3×
Dividend yield
0.42%
F-score
8/9
Altman Z
34.22
Beneish M
−1.68
Dividend safety
88/100

Lam Research Corporation (LRCX) P/B ratio

Alert me on 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

Against its own ten years

Low 1.8× High 48.5×
Ten-year median 8.7×
Current reading's percentile 94

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))

The full definition of P/B ratio →

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