Lam Research (MEX:LRCX) Cyclically Adjusted Revenue per Share: MXN210.57 (As of Jun. 2026)

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MEX:LRCX Lam Research Corp MEX:LRCX
84 GF Score
Price MXN4,875.65
GF Value MXN2,672.13
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Lam Research Cyclically Adjusted Revenue per Share?

Lam Research MEX:LRCX -0.27% 84 Cyclically Adjusted Revenue per Share is MXN210.57 as of Jun. 2026. GuruFocus rates MEX:LRCX with a GF Score™ of 84/100 and a GF Value™ of MXN2,672.13 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Lam Research's adjusted revenue per share for the three months ended in Jun. 2026 was MXN93.386. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN210.57 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Lam Research's average Cyclically Adjusted Revenue Growth Rate was 17.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 18.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Lam Research was 23.30% per year. The lowest was 1.40% per year. And the median was 10.45% per year.

As of today (2026-09-03), Lam Research's current stock price is MXN4875.65. Lam Research's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN210.57. Lam Research's Cyclically Adjusted PS Ratio of today is 23.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lam Research was 34.43. The lowest was 3.88. And the median was 7.89.


Lam Research  (MEX:LRCX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Lam Research's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4875.65/210.57
=23.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Lam Research was 34.43. The lowest was 3.88. And the median was 7.89.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Lam Research Cyclically Adjusted Revenue per Share Related Terms


Lam Research Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Lam Research's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lam Research Cyclically Adjusted Revenue per Share Chart

Lam Research Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.46 129.96 160.72 191.25 210.57

Lam Research Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 191.25 190.04 193.24 194.89 210.57

MEX:LRCX vs AMAT, KLAC, TER: Cyclically Adjusted Revenue per Share Comparison

For the Semiconductor Equipment & Materials subindustry, Lam Research's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lam Research Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Lam Research's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Lam Research's Cyclically Adjusted PS Ratio falls into.


MEX:LRCX
84GF Score
Lam Research Corp MEX:LRCX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lam Research Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Lam Research's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=93.386/333.9520*333.9520
=93.386

Current CPI (Jun. 2026) = 333.9520.

Lam Research Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 17.534 241.428 24.254
201612 21.143 241.432 29.245
201703 21.912 243.801 30.014
201706 22.737 244.955 30.998
201709 24.458 246.819 33.092
201712 31.456 246.524 42.612
201803 29.226 249.554 39.110
201806 35.012 251.989 46.400
201809 26.369 252.439 34.884
201812 30.544 251.233 40.601
201903 29.973 254.202 39.376
201906 29.335 256.143 38.246
201909 28.375 256.759 36.906
201912 32.462 256.974 42.186
202003 39.621 258.115 51.262
202006 43.714 257.797 56.627
202009 47.664 260.280 61.155
202012 47.119 260.474 60.411
202103 54.388 264.877 68.571
202106 57.497 271.696 70.672
202109 62.062 274.310 75.556
202112 61.262 278.802 73.380
202203 57.724 287.504 67.050
202206 67.426 296.311 75.991
202209 74.388 296.808 83.697
202212 75.467 296.797 84.914
202303 51.515 301.836 56.996
202306 40.914 305.109 44.782
202309 45.547 307.789 49.419
202312 48.248 306.746 52.527
202403 47.871 312.332 51.185
202406 54.087 314.175 57.492
202409 62.933 315.301 66.656
202412 70.668 315.605 74.776
202503 74.968 319.799 78.286
202506 76.256 322.561 78.949
202509 76.945 324.800 79.113
202512 76.273 324.054 78.603
202603 83.779 330.213 84.728
202606 93.386 333.952 93.386

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN210.57 mean?
Lam Research (MEX:LRCX) has a Cyclically Adjusted Revenue per Share of MXN210.57 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lam Research and its competitors.
Is Lam Research's Cyclically Adjusted Revenue per Share too high?
Lam Research's current Cyclically Adjusted Revenue per Share is MXN210.57. Overall, Lam Research has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lam Research's Cyclically Adjusted Revenue per Share compare to AMAT and KLAC?
Lam Research's Cyclically Adjusted Revenue per Share of MXN210.57 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Lam Research and its competitors. Lam Research's current Cyclically Adjusted Revenue per Share is MXN210.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Research stock overvalued right now?
Based on GuruFocus' analysis, Lam Research (MEX:LRCX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,672.13, compared to a current price of MXN4,875.65 — trading 82.5% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN210.57. Lam Research's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Lam Research (MEX:LRCX), the current Cyclically Adjusted Revenue per Share is MXN210.57 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lam Research (MEX:LRCX) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Research stock appears to be overvalued. The current stock price of MXN4,875.65 is trading 82.5% above its estimated GF Value™ of MXN2,672.13. GuruFocus considers Lam Research to be Significantly Overvalued.

Key valuation signals for MEX:LRCX:

  • Cyclically Adjusted Revenue per Share: MXN210.57
  • GF Value™: MXN2,672.13 vs. price of MXN4,875.65 (82.5% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the MEX:LRCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lam Research Business Description

Address 4650 Cushing Parkway, Fremont, CA, USA, 94538
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
84GF Score

Get the complete analysis for MEX:LRCX

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN4,875.65
Price
MXN2,672.13
GF Value