As of Jul 25, 2024, the KLAC stock has a PE ratio of 39.71. The calculation is based on the latest EPS of $19.21 and the stock price of $762.81 per share. An increase of 50% has been observed in the PE ratio compared to its average of 26.5 of the past four quarters.
The mean historical PE ratio of Kla over the last ten years is 20.64. The current 39.71 price-to-earnings ratio is 92% 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.
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% |
Currently, KLAC's PE ratio is higher than the 3, 5 and 10-year averages.
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 PE ratio is trading above the peer average of 37.83.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMAT Applied Materials Inc | 23.54 | $170.95B |
| LRCX Lam Research Corp | 32.72 | $116.97B |
| AEIS Advanced Energy Industries Inc | 40.3 | $4.12B |
| KLAC Kla Corp | 40.99 | $106.01B |
| NVMI Nova Ltd | 41.46 | $5.77B |
| CAMT Camtek Ltd | 52.86 | $4.56B |
| ASYS Amtech Systems Inc | N/A | $81.84M |
As of Jul 25, 2024, KLAC stock has a price to earnings ratio of 39.71.
As an average over the last 3 years, KLAC stock has a PE ratio of 20.38.
As an average over the last 5 years, KLAC stock has a PE ratio of 22.27.
Within the last ten years, the current price to earnings ratio is at its peak with a value of 39.71.
KLAC's current price to earnings ratio is 92% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Kla's share price is $762.81. 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 39.71. PE RATIO(39.71) = STOCK PRICE($762.81) / TTM EPS($19.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.