The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Lam Research's share price is $884.89. Lam Research's Book Value per Share for the quarter that ended in Dec. 2023 was $62.63. Hence, Lam Research's PB Ratio of today is 14.13.
The historical rank and industry rank for Lam Research's PB Ratio or its related term are showing as below:
LRCX'
s PB Ratio Range Over the Past 10 Years
Min: 1.58 Med: 4.66 Max: 17.56
Current: 14.13
During the past 13 years, Lam Research's highest PB Ratio was 17.56. The lowest was 1.58. And the median was 4.66.
LRCX's PB Ratio is ranked worse than 95.27% of 972
companies
in the Semiconductors industry
Industry Median: 2.36
vs LRCX: 14.13
During the past 12 months, Lam Research's average Book Value Per Share Growth Rate was 2.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 20.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lam Research was 53.00% per year. The lowest was -19.30% per year. And the median was 10.40% per year.
Back to Basics: PB Ratio
Lam Research PB Ratio Historical Data
The historical data trend for Lam Research's PB Ratio 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.
For the Semiconductor Equipment & Materials subindustry, Lam Research's PB Ratio, along with its competitors' market caps and PB 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's PB Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Lam Research's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lam Research's PB Ratio falls into.
Lam Research PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Lam Research's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Lam Research PB Ratio Related Terms
Thank you for viewing the detailed overview of Lam Research's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of 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 cut 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LRCX has been successfully added to your 