Kla is trading with a PEG ratio of 2.65, based on Jun 22, 2026 data. Dividing the 75.82 PE ratio by the 28.6% earnings growth rate yields this valuation metric. Relative to the 0.89 average from the previous four quarters, the PEG ratio has soared by 197%.
Historically, Kla shows a PEG ratio averaging 2.48 across the past ten years. At 2.65, today's PE to growth ratio sits 7% above its historical average. The ten years high occurred in the Sep 2023 quarter at 51.2, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2018 quarter at 0.08, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.59 | 29.37 | 49.5% |
| 2024 | N/A | 40.42 | -16% |
| 2023 | 2 | 19.96 | 10% |
| 2022 | 0.23 | 14.44 | 63.7% |
| 2021 | 0.33 | 24.02 | 73.1% |
| 2020 | 6.23 | 24.93 | 4% |
| 2019 | 0.33 | 15.76 | 47.1% |
| 2018 | N/A | 20.1 | -13.6% |
| 2017 | 0.5 | 15.51 | 31.1% |
| 2016 | 0.17 | 16.28 | 95.7% |
| 2015 | N/A | 24.44 | -34.3% |
| 2014 | 3.4 | 20.75 | 6.1% |
| 2013 | N/A | 16.89 | -26.7% |
| 2012 | N/A | 10.94 | -6.3% |
| 2011 | 0.03 | 8.43 | 300% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.45 | 41.48 | 28.6% |
| Dec 2025 | 0.79 | 35.22 | 44.4% |
| Sep 2025 | 0.74 | 33.71 | 45.5% |
| Jun 2025 | 0.59 | 29.37 | 49.5% |
| Mar 2025 | 0.56 | 24.63 | 43.8% |
| Dec 2024 | 1.27 | 26.36 | 20.7% |
| Sep 2024 | N/A | 35.2 | -1.8% |
| Jun 2024 | N/A | 40.42 | -16% |
| Mar 2024 | N/A | 36.38 | -22.3% |
| Dec 2023 | N/A | 29.36 | -19.2% |
| Sep 2023 | 51.2 | 20.48 | 0.4% |
| Jun 2023 | 2 | 19.96 | 10% |
| Mar 2023 | 0.84 | 16.16 | 19.3% |
| Dec 2022 | 0.6 | 15.39 | 25.6% |
| Sep 2022 | 0.54 | 13.57 | 25.3% |
Measured against past performance, KLAC's PEG ratio is higher than its 10-year average, though it is below the 3 and 5-year averages.
Kla's PEG of 2.65 is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 0.75, Kla's PEG is 253% higher.
Compared to its peers, KLAC's PEG ratio is under NVMI's but above LRCX's and AMAT's. Kla's PEG ratio of 2.65 is above the peer average of 1.32.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| AEIS Advanced Energy Industries Inc | 0.46 | $13.92B |
| ASYS Amtech Systems Inc | 1.01 | $286.36M |
| LRCX Lam Research Corp | 1.48 | $466.18B |
| AMAT Applied Materials Inc | 1.86 | $465.32B |
| KLAC Kla Corp | 2.42 | $320.69B |
| NVMI Nova Ltd | 3.41 | $16.93B |
| CAMT Camtek Ltd | N/A | $7.98B |
According to Jun 22, 2026 data, KLAC's PEG ratio sits at 2.65.
Historical data over a 3-year period places KLAC's average PEG ratio at 7.33.
Historical data over a 5-year period places KLAC's average PEG ratio at 3.86.
KLAC's PEG ratio peaked at 51.2 during the Sep 2023 quarter - the highest in ten years.
Compared to the 10-year average, KLAC's PEG ratio is 7% higher.
A 2.65 PEG ratio for KLAC suggests the stock is priced at a premium relative to its growth trajectory.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Jun 22, 2026, Kla has a P/E ratio of 75.82. Earnings grew at 28.6% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 2.65. PEG RATIO(2.65) = PE RATIO(75.82) / EPS GROWTH(28.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.