Intrinsiqs

Is Lam Research Corporation overvalued?

Lam Research Corporation (LRCX) looks overvalued — trading about 65% above its fair value.

Overvalued
Current price $225.92 Fair value $79.05
Price
$225.92
Fair value
$79.05
Current P/E
54.4
Normal P/E
19.0
Market cap
$282.21B
Dividend yield
0.5%
Return on equity
71.7%
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 12 Nov 2026.