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KLAC Kla PE ratio, current and historical analysis

As of Jun 14, 2024, the KLAC stock has a PE ratio of 42.94. The calculation is based on the latest EPS of $19.21 and the stock price of $824.84 per share. An increase of 62% has been observed in the PE ratio compared to its average of 26.5 of the past four quarters.

KLAC PE ratio history

How has KLAC's PE ratio performed in the past

The mean historical PE ratio of Kla over the last ten years is 20.64. The current 42.94 price-to-earnings ratio is 108% more than the historical average. Analyzing the last ten years, KLAC's PE ratio reached its highest point in the Mar 2024 quarter at 36.36, with a price of $698.57 and an EPS of $19.21. The Dec 2018 quarter saw the lowest point at 9.76, with a price of $89.49 and an EPS of $9.17.

Average
20.64
Median
20.26
Minimum
9.76
Maximum
36.36

Kla PE ratio by year

Maximum annual increase: 59.62% in 2020

Maximum annual decrease: -39.83% in 2022

Year PE ratio Change
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%
2014 20.7 21.48%

KLAC average PE ratio chart

What is the average PE ratio of KLAC for the past years

Currently, KLAC's PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
20.69
5-year avg
21.94
10-year avg
20.64
15-year avg
19.72

KLAC PE vs peers

What is KLAC's PE ratio compared to its peers

When compared to its peers NVMI and CAMT, KLAC's PE ratio is lower, but it is higher than AMAT's and LRCX's. Kla's current PE ratio of 42.94 is in line with the average of its peers, which is 42.64.

Stock name PE ratio Market cap
AMAT Applied Materials Inc 27.03 $196.25B
LRCX Lam Research Corp 37.89 $135.45B
AEIS Advanced Energy Industries Inc 39.1 $4B
KLAC Kla Corp 42.94 $111.06B
NVMI Nova Ltd 49.68 $6.91B
CAMT Camtek Ltd 59.48 $5.13B
ASYS Amtech Systems Inc N/A $80.56M

Frequently asked questions

What is Kla's PE ratio?

As of Jun 14, 2024, KLAC stock has a price to earnings ratio of 42.94.

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 20.69.

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 21.94.

What is the highest PE ratio for KLAC?

Within the last ten years, the current price to earnings ratio is at its peak with a value of 42.94.

How does the current PE ratio for KLAC compare to its historical average?

KLAC's current price to earnings ratio is 108% 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 (Jun 14, 2024), Kla's share price is $824.84. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $19.21. Therefore, Kla's price to earnings ratio for today is 42.94. PE RATIO(42.94) = STOCK PRICE($824.84) / TTM EPS($19.21)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.