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.

Revenue
+54.4%
EPS
+77.4%
Free cash flow
+103.3%
Total debt
−16.7%

Quarter to September 2026, against a year earlier

200.85 15.65 +8.45%
Market cap
$231.4B
P/E
27.9×
Fwd P/E
25.0×
Dividend yield
0.59%
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 5 November 2026, Lam Research Corporation (LRCX) trades at a P/B ratio of 16.9×. Over the past ten years it has ranged from 1.8× (February 2016) to 48.5× (June 2026); the current reading is higher than 89% of that period. That is above the Semiconductor Equipment & Materials industry median of 2.9× and above the Technology sector median of 2.5×.

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
Sep 2026 29.5× (32.25%)
Jun 2026 43.6× 72.88%
Mar 2026 25.2× 19.15%
Dec 2025 21.2× 27.46%
43 more quarters

Against its own ten years

Low 1.8× High 48.5×
Ten-year median 8.8×
Current reading's percentile 88

P/B ratio against peers

Company P/B ratio
Q Qnity Electronics, Inc. compare 2.9×
ONTO Onto Innovation Inc. compare 4.1×
ENTG Entegris, Inc. compare 4.5×
NVMI Nova Ltd. compare 6.8×
TER Teradyne, Inc. compare 9.2×
AMAT Applied Materials, Inc. compare 10.0×
LRCX Lam Research Corporation 16.9×
ASML ASML Holding N.V. compare 23.7×
KLAC KLA Corporation compare 26.3×
Semiconductor Equipment & Materials industry median 2.9×
Technology sector median 2.5×
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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