KLAC Kla PE ratio, current and historical analysis
As of Feb 21, 2025, the KLAC stock has a PE ratio of 31.56. The calculation is based on the latest EPS of $23.9 and the stock price of $754.3 per share. A decrease of 9% has been observed in the PE ratio compared to its average of 34.6 of the past four quarters.
KLAC PE ratio history
The mean historical PE ratio of Kla over the last ten years is 21.39. The current 31.56 price-to-earnings ratio is 48% 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 |
|---|---|---|---|---|
| 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 |
| 2010 | 22.48 | N/A | $27.88 | $1.24 |
Kla PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Dec 2021 | 21.98 | 16.91% | $430.11 | $19.57 |
| Sep 2021 | 18.8 | -21.76% | $334.51 | $17.79 |
| Jun 2021 | 24.03 | -12.71% | $324.21 | $13.49 |
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 45.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMAT Applied Materials Inc | 22.31 | $139.72B |
| LRCX Lam Research Corp | 25.99 | $110.42B |
| CAMT Camtek Ltd | 29.16 | $3.47B |
| KLAC Kla Corp | 31.56 | $100.24B |
| NVMI Nova Ltd | 42.6 | $7.87B |
| ASYS Amtech Systems Inc | 65.38 | $74.73M |
| AEIS Advanced Energy Industries Inc | 87.27 | $4.77B |
Frequently asked questions
What is Kla's PE ratio?
As of Feb 21, 2025, KLAC stock has a price to earnings ratio of 31.56.
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 23.78.
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 23.9.
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 48% 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 (Feb 21, 2025), Kla's share price is $754.3. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $23.9. Therefore, Kla's price to earnings ratio for today is 31.56. PE RATIO(31.56) = STOCK PRICE($754.3) / TTM EPS($23.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.