KLAC
Kla
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: KLAC
- PE Ratio
As of Jun 23, 2026, the KLAC stock has a PE ratio of 68.87. The calculation is based on the latest EPS of $3.55 and the stock price of $244.49 per share. An increase of 97% has been observed in the PE ratio compared to its average of 34.9 of the past four quarters.
KLAC PE ratio history
The mean historical PE ratio of Kla over the last ten years is 22.69. The current 68.87 price-to-earnings ratio is 204% more than the historical average. Analyzing the last ten years, KLAC's PE ratio reached its highest point in the Mar 2026 quarter at 41.48, with a price of $147.24 and an EPS of $3.55. The Dec 2018 quarter saw the lowest point at 9.83, with a price of $8.95 and an EPS of $0.91.
Kla PE ratio by year
Maximum annual increase: 102.51% in 2024
Maximum annual decrease: -63.71% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 29.37 | -27.34% | $89.57 | $3.05 |
| 2024 | 40.42 | 102.51% | $82.45 | $2.04 |
| 2023 | 19.96 | 38.23% | $48.5 | $2.43 |
| 2022 | 14.44 | -39.88% | $31.91 | $2.21 |
| 2021 | 24.02 | -3.65% | $32.42 | $1.35 |
| 2020 | 24.93 | 58.19% | $19.45 | $0.78 |
| 2019 | 15.76 | -21.59% | $11.82 | $0.75 |
| 2018 | 20.1 | 29.59% | $10.25 | $0.51 |
| 2017 | 15.51 | -4.73% | $9.15 | $0.59 |
| 2016 | 16.28 | -33.39% | $7.33 | $0.45 |
| 2015 | 24.44 | 17.78% | $5.62 | $0.23 |
| 2014 | 20.75 | 22.85% | $7.26 | $0.35 |
| 2013 | 16.89 | 54.39% | $5.57 | $0.33 |
| 2012 | 10.94 | 29.77% | $4.93 | $0.45 |
| 2011 | 8.43 | -63.71% | $4.05 | $0.48 |
Kla PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 41.48 | 17.77% | $147.24 | $3.55 |
| Dec 2025 | 35.22 | 4.48% | $121.51 | $3.45 |
| Sep 2025 | 33.71 | 14.78% | $107.86 | $3.2 |
| Jun 2025 | 29.37 | 19.24% | $89.57 | $3.05 |
| Mar 2025 | 24.63 | -6.56% | $67.98 | $2.76 |
| Dec 2024 | 26.36 | -25.11% | $63.01 | $2.39 |
| Sep 2024 | 35.2 | -12.91% | $77.44 | $2.2 |
| Jun 2024 | 40.42 | 11.11% | $82.45 | $2.04 |
| Mar 2024 | 36.38 | 23.91% | $69.86 | $1.92 |
| Dec 2023 | 29.36 | 43.36% | $58.13 | $1.98 |
| Sep 2023 | 20.48 | 2.61% | $45.87 | $2.24 |
| Jun 2023 | 19.96 | 23.51% | $48.5 | $2.43 |
| Mar 2023 | 16.16 | 5% | $39.92 | $2.47 |
| Dec 2022 | 15.39 | 13.41% | $37.7 | $2.45 |
| Sep 2022 | 13.57 | -6.02% | $30.26 | $2.23 |
KLAC Price vs fair value
KLAC average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, KLAC's PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
Kla's price to earnings (P/E) of 68.87 is higher than the Technology sector average but lower than the industry and its peers average. Looking at the Technology sector average of 36.24, Kla's price to earnings (P/E) is 90% higher.
KLAC PE vs peers
When compared to its peers LRCX and AEIS, KLAC's PE ratio is lower, but it is higher than AMAT's and NVMI's. Kla's PE ratio is trading below the peer average of 74.22.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMAT Applied Materials Inc | 54.76 | $465.16B |
| NVMI Nova Ltd | 61.45 | $16.78B |
| KLAC Kla Corp | 68.87 | $319.37B |
| LRCX Lam Research Corp | 69.8 | $464.37B |
| AEIS Advanced Energy Industries Inc | 72.13 | $13.88B |
| ASYS Amtech Systems Inc | 112.94 | $294.77M |
| CAMT Camtek Ltd | 161.32 | $7.8B |
Frequently asked questions
What is Kla's PE ratio?
As of Jun 23, 2026, KLAC stock has a price to earnings ratio of 68.87.
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 31.05.
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 25.73.
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 68.87.
How does the current PE ratio for KLAC compare to its historical average?
KLAC's current price to earnings ratio is 204% 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 23, 2026), Kla's share price is $244.49. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.55. Therefore, Kla's price to earnings ratio for today is 68.87. PE RATIO(68.87) = STOCK PRICE($244.49) / TTM EPS($3.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.