Price to Earnings (P/E)
since 2005

Lam Research Corp., P/E, long-term trends, calculation

	P/E	=	Share price^{1, 2, 3}	÷	Earnings per share¹ (EPS)	EPS¹	=	Net income (loss)¹ (in thousands)	÷	No. shares of common stock outstanding²
Jun 27, 2021	21.03	=	578.99	÷	27.53	27.53	=	3,908,458	÷	141,953,681
Jun 28, 2020	24.22	=	374.57	÷	15.46	15.46	=	2,251,753	÷	145,625,225
Jun 30, 2019	13.64	=	206.76	÷	15.16	15.16	=	2,191,430	÷	144,532,998
Jun 24, 2018	11.70	=	176.69	÷	15.11	15.11	=	2,380,681	÷	157,579,984
Jun 25, 2017	15.33	=	160.21	÷	10.45	10.45	=	1,697,763	÷	162,454,686
Jun 26, 2016	15.82	=	90.21	÷	5.70	5.70	=	914,049	÷	160,260,009
Jun 28, 2015	17.38	=	72.01	÷	4.14	4.14	=	655,577	÷	158,186,976
Jun 29, 2014	18.20	=	70.99	÷	3.90	3.90	=	632,289	÷	162,075,237
Jun 30, 2013	66.46	=	46.39	÷	0.70	0.70	=	113,879	÷	163,149,977
Jun 24, 2012	37.81	=	34.99	÷	0.93	0.93	=	168,723	÷	182,306,362
Jun 26, 2011	6.16	=	35.99	÷	5.85	5.85	=	723,748	÷	123,785,429
Jun 27, 2010	13.40	=	37.41	÷	2.79	2.79	=	346,669	÷	124,172,201
Jun 28, 2009	—	=	30.64	÷	-2.39	-2.39	=	-302,148	÷	126,636,886
Jun 29, 2008	10.90	=	38.19	÷	3.50	3.50	=	439,349	÷	125,429,388
Jun 24, 2007	6.95	=	38.22	÷	5.50	5.50	=	685,816	÷	124,781,047
Jun 25, 2006	17.40	=	41.19	÷	2.37	2.37	=	335,755	÷	141,861,073
Jun 26, 2005	13.36	=	29.31	÷	2.19	2.19	=	299,341	÷	136,453,881

¹ US$

² Data adjusted for splits and stock dividends.

³ Closing price as at the filing date of Lam Research Corp.’s Annual Report.

Lam Research Corp., P/E, long-term trends, comparison to competitors

	Lam Research Corp.	Advanced Micro Devices Inc.	Applied Materials Inc.	Broadcom Inc.	Intel Corp.	Micron Technology Inc.	NVIDIA Corp.	Qualcomm Inc.	Texas Instruments Inc.
Jun 27, 2021	21.03	—	—	—	—	—	78.52	—	—
Jun 28, 2020	24.22	41.66	22.31	66.37	11.02	21.80	67.57	28.06	27.95
Jun 30, 2019	13.64	169.62	20.25	47.09	13.91	7.98	22.79	22.03	24.47
Jun 24, 2018	11.70	68.76	9.75	8.14	10.41	3.40	48.05	—	18.05
Jun 25, 2017	15.33	282.39	16.16	63.27	22.15	9.20	36.34	31.96	27.77
Jun 26, 2016	15.82	—	20.68	—	16.72	—	28.99	0.26	21.45
Jun 28, 2015	17.38	—	15.88	28.48	11.85	6.25	19.78	17.18	17.66
Jun 29, 2014	18.20	—	27.87	98.34	13.90	11.39	22.37	16.11	21.89
Jun 30, 2013	66.46	—	78.13	23.29	12.80	14.78	13.97	17.19	22.29
Jun 24, 2012	37.81	—	118.67	13.96	9.48	—	15.69	16.21	21.47
Jun 26, 2011	6.16	10.61	7.52	12.75	10.29	32.47	40.93	20.59	17.06
Jun 27, 2010	13.40	13.36	18.91	15.37	10.60	4.16	—	22.76	12.93
Jun 28, 2009	—	17.53	—	—	26.39	—	—	46.01	20.53
Jun 29, 2008	10.90	—	14.45	—	12.70	—	13.94	17.31	10.17
Jun 24, 2007	6.95	—	14.37	—	16.91	—	22.77	19.70	15.55
Jun 25, 2006	17.40	—	16.71	—	23.84	25.89	27.89	24.33	10.29
Jun 26, 2005	13.36	118.04	25.22	—	13.93	45.76	41.65	30.98	20.56

Lam Research Corp., P/E, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

	Lam Research Corp.	Semiconductors & Semiconductor Equipment
Jun 27, 2021	21.03	—
Jun 28, 2020	24.22	24.81
Jun 30, 2019	13.64	18.97
Jun 24, 2018	11.70	13.52
Jun 25, 2017	15.33	23.90
Jun 26, 2016	15.82	20.76
Jun 28, 2015	17.38	14.76
Jun 29, 2014	18.20	16.95
Jun 30, 2013	66.46	16.85
Jun 24, 2012	37.81	15.75
Jun 26, 2011	6.16	12.99
Jun 27, 2010	13.40	13.24
Jun 28, 2009	—	50.00
Jun 29, 2008	10.90	22.30
Jun 24, 2007	6.95	22.81
Jun 25, 2006	17.40	19.89
Jun 26, 2005	13.36	19.99

Lam Research Corp., P/E, long-term trends, comparison to industry (information technology)

Lam Research Corp. (NASDAQ:LRCX)