P/E ratio for KLA (KLAC)

P/E ratio history for KLA from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Applied Materials AMAT	24.4	-15.15%	🇺🇸 USA
ASML ASML	33.4	15.94%	🇳🇱 Netherlands
Lam Research LRCX	2.53	-91.19%	🇺🇸 USA
Advanced Energy AEIS	31.2	8.59%	🇺🇸 USA
Camtek CAMT	44.5	54.59%	🇮🇱 Israel
Nova Measuring Instruments NVMI	40.2	39.82%	🇮🇱 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.