KLAC Kla PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: KLAC
- PE Ratio
As of Nov 5, 2025, the KLAC stock has a PE ratio of 38.36. The calculation is based on the latest EPS of $31.99 and the stock price of $1,227.1 per share. An increase of 35% has been observed in the PE ratio compared to its average of 28.5 of the past four quarters.
KLAC PE ratio history
The mean historical PE ratio of Kla over the last ten years is 21.78. The current 38.36 price-to-earnings ratio is 76% 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: -62.1% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 29.34 | -27.38% | $895.74 | $30.53 |
| 2024 | 40.4 | 102.2% | $824.51 | $20.41 |
| 2023 | 19.98 | 38.17% | $485.02 | $24.28 |
| 2022 | 14.46 | -39.83% | $319.08 | $22.07 |
| 2021 | 24.03 | -4.11% | $324.21 | $13.49 |
| 2020 | 25.06 | 59.62% | $194.48 | $7.76 |
| 2019 | 15.7 | -21.46% | $118.2 | $7.53 |
| 2018 | 19.99 | 29.3% | $102.53 | $5.13 |
| 2017 | 15.46 | -4.63% | $91.51 | $5.92 |
| 2016 | 16.21 | -34.82% | $73.25 | $4.52 |
| 2015 | 24.87 | 20.14% | $56.21 | $2.26 |
| 2014 | 20.7 | 21.48% | $72.64 | $3.51 |
| 2013 | 17.04 | 56.76% | $55.73 | $3.27 |
| 2012 | 10.87 | 27.58% | $49.25 | $4.53 |
| 2011 | 8.52 | -62.1% | $40.48 | $4.75 |
Kla PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 33.72 | 14.93% | $1,078.6 | $31.99 |
| Jun 2025 | 29.34 | 19.32% | $895.74 | $30.53 |
| Mar 2025 | 24.59 | -6.71% | $679.8 | $27.65 |
| Dec 2024 | 26.36 | -25.05% | $630.12 | $23.9 |
| Sep 2024 | 35.17 | -12.95% | $774.41 | $22.02 |
| Jun 2024 | 40.4 | 11.11% | $824.51 | $20.41 |
| Mar 2024 | 36.36 | 23.93% | $698.57 | $19.21 |
| Dec 2023 | 29.34 | 43.54% | $581.3 | $19.81 |
| Sep 2023 | 20.44 | 2.3% | $458.66 | $22.44 |
| Jun 2023 | 19.98 | 23.41% | $485.02 | $24.28 |
| Mar 2023 | 16.19 | 5.06% | $399.17 | $24.65 |
| Dec 2022 | 15.41 | 13.39% | $377.03 | $24.46 |
| Sep 2022 | 13.59 | -6.02% | $302.63 | $22.27 |
| Jun 2022 | 14.46 | -18.03% | $319.08 | $22.07 |
| Mar 2022 | 17.64 | -19.75% | $366.06 | $20.75 |
KLAC Price vs fair value
KLAC average PE ratio chart
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 38.36 is higher than the Technology sector and the industry average but lower than its peers average. Looking at the Technology sector average of 32.57, Kla's price to earnings (P/E) is 18% higher.
KLAC PE vs peers
When compared to its peers NVMI and AEIS, KLAC's PE ratio is lower, but it is higher than LRCX's and AMAT's. Kla's PE ratio is trading below the peer average of 49.99.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMAT Applied Materials Inc | 28.2 | $189.58B |
| LRCX Lam Research Corp | 35.95 | $205.9B |
| NVMI Nova Ltd | 37.66 | $8.85B |
| KLAC Kla Corp | 37.78 | $158.82B |
| CAMT Camtek Ltd | 40.42 | $5.47B |
| AEIS Advanced Energy Industries Inc | 98.13 | $8.29B |
| ASYS Amtech Systems Inc | N/A | $102.63M |
Frequently asked questions
What is Kla's PE ratio?
As of Nov 5, 2025, KLAC stock has a price to earnings ratio of 38.36.
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 27.28.
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 24.74.
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 76% 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 5, 2025), Kla's share price is $1,227.1. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $31.99. Therefore, Kla's price to earnings ratio for today is 38.36. PE RATIO(38.36) = STOCK PRICE($1,227.1) / TTM EPS($31.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.