Is Lam Research Corporation (LRCX) Undervalued?
Based on the current stock price of $178.07 and a P/E ratio of 39.40,Lam Research Corporation has a PEG ratio of 2.31.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 2.31, LRCX appears to be potentially overvalued relative to its growth rate of 17.02%.
Based on a PEG ratio of 2.24 (adjusted for dividends).
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How we analyzed LRCX
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 39.40and dividing it by the annual growth rate of 17.02%.
PEG = 39.40 (P/E) ÷ 17.02 (Growth) = 2.31
Frequently Asked Questions about LRCX
What is the current PEG Ratio for Lam Research Corporation (LRCX)?+
The current PEG Ratio for Lam Research Corporation is 2.31. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is LRCX stock undervalued right now?+
Based on the PEG ratio of 2.31, Lam Research Corporation appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for LRCX?+
The PEGY ratio for Lam Research Corporation is 2.24. This metric accounts for dividend yield (0.58%), providing a more complete valuation picture.