KLA
KLAC
#130
Rank
$116.25 B
Marketcap
$829.59
Share price
-3.91%
Change (1 day)
78.62%
Change (1 year)

P/E ratio for KLA (KLAC)

P/E ratio as of June 2024 (TTM): 37.0

According to KLA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.0022. At the end of 2022 the company had a P/E ratio of 15.4.

P/E ratio history for KLA from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.4-29.83%
202122.0-25.17%
202029.418.46%
201924.8154.2%
20189.75-61.13%
201725.176.25%
201614.2-31.07%
201520.6-24.86%
201427.541.48%
201319.469.11%
201211.57.79%
201110.7-16.75%
201012.8-113.8%
2009-92.7495.71%
2008-15.6-180.15%
200719.4-11%
200621.8-19.05%
200527.08.8%
200424.8-79.26%
2003119187.1%
200241.681.36%
200122.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.5-14.88%๐Ÿ‡บ๐Ÿ‡ธ USA
36.0-2.80%๐Ÿ‡บ๐Ÿ‡ธ USA
50.6 36.69%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
49.2 33.00%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
30.3-18.22%๐Ÿ‡บ๐Ÿ‡ธ USA
65.5 76.89%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.