Intrinsiqs

Is Lam Research Corporation overvalued?

Lam Research Corporation (LRCX) looks overvalued — trading about 75% above its fair value.

Overvalued
Current price $315.21 Fair value $79.05
Price
$315.21
Fair value
$79.05
Current P/E
76.0
Normal P/E
19.0
Market cap
$394.19B
Dividend yield
0.4%
Return on equity
67.0%
Sector
Technology

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Fair value compares LRCX's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.