KLAC Kla PE ratio, current and historical analysis
As of Nov 21, 2024, the KLAC stock has a PE ratio of 28.75. The calculation is based on the latest EPS of $22.02 and the stock price of $633.16 per share. A decrease of 19% has been observed in the PE ratio compared to its average of 35.3 of the past four quarters.
KLAC PE ratio history
The mean historical PE ratio of Kla over the last ten years is 21.41. The current 28.75 price-to-earnings ratio is 34% more than the historical average. Analyzing the last ten years, KLAC's PE ratio reached its highest point in the Jun 2024 quarter at 40.4, with a price of $824.51 and an EPS of $20.41. The Dec 2018 quarter saw the lowest point at 9.76, with a price of $89.49 and an EPS of $9.17.
Kla PE ratio by year
Maximum annual increase: 102.2% in 2024
Maximum annual decrease: -39.83% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 40.4 | 102.2% |
| 2023 | 19.98 | 38.17% |
| 2022 | 14.46 | -39.83% |
| 2021 | 24.03 | -4.11% |
| 2020 | 25.06 | 59.62% |
| 2019 | 15.7 | -21.46% |
| 2018 | 19.99 | 29.3% |
| 2017 | 15.46 | -4.63% |
| 2016 | 16.21 | -34.82% |
| 2015 | 24.87 | 20.14% |
KLAC average PE ratio chart
Currently, KLAC's PE ratio is higher than the 3, 5 and 10-year averages.
KLAC PE vs peers
When compared to its peers NVMI and AEIS, KLAC's PE ratio is lower, but it is higher than AMAT's and LRCX's. Kla's PE ratio is trading below the peer average of 40.93.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMAT Applied Materials Inc | 19.59 | $144.89B |
| LRCX Lam Research Corp | 23.59 | $94.1B |
| KLAC Kla Corp | 28.75 | $84.69B |
| NVMI Nova Ltd | 30.51 | $5.22B |
| CAMT Camtek Ltd | 32.27 | $3.43B |
| AEIS Advanced Energy Industries Inc | 98.71 | $4.24B |
| ASYS Amtech Systems Inc | N/A | $81.19M |
Frequently asked questions
What is Kla's PE ratio?
As of Nov 21, 2024, KLAC stock has a price to earnings ratio of 28.75.
What is the 3-year average PE ratio for Kla (KLAC)?
As an average over the last 3 years, KLAC stock has a PE ratio of 23.41.
What is the 5-year average PE ratio for Kla (KLAC)?
As an average over the last 5 years, KLAC stock has a PE ratio of 23.82.
What is the highest PE ratio for KLAC?
Over the last ten years, the quarterly PE ratio reached its highest level at 40.4 in the Jun 2024 quarter.
How does the current PE ratio for KLAC compare to its historical average?
KLAC's current price to earnings ratio is 34% above its 10-year historical average.
How is KLAC's PE ratio calculated (Kla PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Kla's share price is $633.16. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $22.02. Therefore, Kla's price to earnings ratio for today is 28.75. PE RATIO(28.75) = STOCK PRICE($633.16) / TTM EPS($22.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.