P/E ratio for KLA (KLAC)
P/E ratio as of April 2024 (TTM): 28.7
According to KLA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.7342. 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 |
|---|---|---|
| 2022 | 15.4 | -29.83% |
| 2021 | 22.0 | -25.17% |
| 2020 | 29.4 | 18.46% |
| 2019 | 24.8 | 154.2% |
| 2018 | 9.75 | -61.13% |
| 2017 | 25.1 | 76.25% |
| 2016 | 14.2 | -31.07% |
| 2015 | 20.6 | -24.86% |
| 2014 | 27.5 | 41.48% |
| 2013 | 19.4 | 69.11% |
| 2012 | 11.5 | 7.79% |
| 2011 | 10.7 | -16.75% |
| 2010 | 12.8 | -113.8% |
| 2009 | -92.7 | 495.71% |
| 2008 | -15.6 | -180.15% |
| 2007 | 19.4 | -11% |
| 2006 | 21.8 | -19.05% |
| 2005 | 27.0 | 8.8% |
| 2004 | 24.8 | -79.26% |
| 2003 | 119 | 187.1% |
| 2002 | 41.6 | 81.36% |
| 2001 | 22.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Applied Materials AMAT | 25.5 | -11.25% | 🇺🇸 USA |
 Lam Research LRCX | 30.1 | 4.83% | 🇺🇸 USA |
 ASML ASML | 42.8 | 48.93% | 🇳🇱 Netherlands |
 Nova Measuring Instruments
NVMI | 35.9 | 25.08% | 🇮🇱 Israel |
 Advanced Energy AEIS | 25.3 | -11.97% | 🇺🇸 USA |
 Camtek CAMT | 44.7 | 55.66% | 🇮🇱 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.