Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
Valuation ratio | Description | The company |
---|---|---|
P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | KLA Corp. P/E ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | KLA Corp. P/OP ratio decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |
P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | KLA Corp. P/S ratio decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |
P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | KLA Corp. P/BV ratio decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |
Price to Earnings (P/E)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No. shares of common stock outstanding1 | 135,233,651 | 135,932,316 | 136,720,074 | 137,198,902 | 138,479,764 | 141,718,327 | 141,803,776 | 149,235,049 | 150,715,343 | 151,622,165 | 152,737,157 | 153,281,783 | 154,074,651 | 154,459,817 | 155,461,444 | 155,048,894 | 156,772,198 | 157,794,495 | 159,255,950 | 161,620,262 | 151,363,988 | 153,075,310 | 156,126,508 | 155,872,083 | 156,620,125 | 156,707,903 | ||||||||
Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
Net income (loss) attributable to KLA (in thousands) | 582,534) | 741,375) | 684,654) | 697,837) | 978,795) | 1,025,991) | 805,374) | 730,572) | 717,444) | 1,068,417) | 632,978) | 567,496) | 457,251) | 420,567) | 411,253) | 78,452) | 380,555) | 346,525) | 217,845) | 192,728) | 369,100) | 395,944) | 348,767) | 306,881) | (134,319) | 280,936) | ||||||||
Earnings per share (EPS)2 | 20.01 | 22.83 | 24.78 | 25.57 | 25.57 | 23.14 | 23.43 | 21.10 | 19.81 | 17.98 | 13.61 | 12.11 | 8.88 | 8.36 | 7.83 | 6.60 | 7.26 | 7.14 | 7.38 | 8.08 | 9.39 | 5.99 | 5.14 | 0.00 | 0.00 | 0.00 | ||||||||
Share price1, 3 | 599.37 | 457.93 | 496.47 | 386.54 | 399.37 | 321.50 | 395.74 | 319.26 | 366.65 | 355.34 | 353.35 | 315.35 | 294.23 | 197.18 | 202.85 | 163.81 | 171.28 | 169.04 | 136.12 | 114.55 | 100.99 | 91.54 | 118.27 | 102.18 | 113.44 | 108.07 | ||||||||
Valuation Ratio | ||||||||||||||||||||||||||||||||||
P/E ratio4 | 29.95 | 20.06 | 20.04 | 15.12 | 15.62 | 13.89 | 16.89 | 15.13 | 18.50 | 19.76 | 25.97 | 26.04 | 33.15 | 23.59 | 25.92 | 24.82 | 23.60 | 23.68 | 18.44 | 14.17 | 10.76 | 15.28 | 23.02 | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | — | 317.27 | 839.13 | — | 332.75 | 96.16 | 41.59 | 50.59 | 47.48 | 45.54 | 37.20 | 34.57 | 35.41 | 41.66 | 104.54 | 146.69 | 129.05 | 169.62 | — | — | — | — | — | — | — | ||||||||
Analog Devices Inc. | — | 34.12 | 27.14 | 23.57 | 23.96 | 28.93 | 31.21 | 46.35 | 50.61 | 68.72 | 68.31 | 35.88 | 36.19 | 41.93 | 41.43 | 39.23 | 37.97 | 37.64 | 31.04 | 26.42 | 23.89 | 24.87 | 22.17 | — | — | — | ||||||||
Applied Materials Inc. | — | 23.55 | 19.63 | 18.50 | 17.61 | 14.79 | 13.55 | 13.59 | 14.82 | 17.99 | 22.05 | 22.54 | 28.42 | 27.11 | 22.31 | 18.29 | 17.29 | 21.57 | 20.25 | 15.06 | 10.73 | 9.34 | 9.75 | — | — | — | ||||||||
Broadcom Inc. | — | 50.28 | 36.78 | 25.96 | 24.11 | 20.92 | 20.70 | 21.10 | 26.03 | 31.86 | 40.73 | 35.19 | 42.12 | 50.39 | 66.37 | 65.22 | 51.78 | 36.94 | 47.09 | 38.49 | 30.48 | 17.68 | 8.14 | — | — | — | ||||||||
Intel Corp. | — | — | 109.27 | — | — | — | 14.54 | 9.02 | 7.80 | 7.24 | 9.85 | 9.53 | 11.59 | 12.86 | 11.02 | 9.00 | 9.09 | 11.04 | 13.91 | — | — | — | — | — | — | — | ||||||||
Lam Research Corp. | 32.06 | 19.89 | 19.27 | 14.05 | 12.60 | 10.51 | 13.77 | 13.97 | 17.91 | 18.12 | 21.03 | 26.30 | 24.88 | 18.98 | 24.22 | 18.13 | 22.89 | 18.89 | 13.64 | 11.64 | 8.99 | 9.78 | 11.70 | — | — | — | ||||||||
Micron Technology Inc. | — | — | — | — | 43.16 | 8.72 | 6.62 | 5.97 | 9.80 | 14.54 | 13.38 | 21.84 | 32.41 | 28.88 | 21.80 | 25.33 | 21.69 | 17.42 | 7.98 | 4.06 | 3.73 | 2.39 | 3.40 | — | — | — | ||||||||
NVIDIA Corp. | 112.04 | 200.70 | 131.68 | 63.64 | 48.56 | 49.72 | 68.09 | 97.34 | 73.51 | 73.45 | 78.52 | 86.91 | 88.40 | 65.04 | 67.57 | 53.25 | 33.04 | 29.65 | 22.79 | — | — | — | — | — | — | — | ||||||||
ON Semiconductor Corp. | — | — | 15.18 | 12.65 | 23.79 | 18.45 | 18.26 | 15.41 | 16.02 | 16.67 | 25.13 | 35.22 | 35.88 | 47.45 | 73.60 | 49.66 | — | 76.81 | 40.58 | — | — | — | — | — | — | — | ||||||||
Qualcomm Inc. | — | 21.35 | 17.07 | 16.75 | 11.92 | 12.87 | 9.75 | 13.40 | 13.56 | 21.24 | 17.15 | 17.46 | 19.20 | 27.40 | 28.06 | 38.25 | 21.95 | 24.49 | 22.03 | 26.26 | 42.74 | 28.15 | — | — | — | — | ||||||||
Texas Instruments Inc. | — | — | 22.24 | 18.13 | 20.79 | 18.08 | 18.88 | 16.05 | 18.27 | 19.01 | 20.38 | 23.61 | 25.25 | 27.20 | 27.95 | 26.95 | 24.04 | 20.66 | 24.47 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
EPS
= (Net income (loss) attributable to KLAQ2 2024
+ Net income (loss) attributable to KLAQ1 2024
+ Net income (loss) attributable to KLAQ4 2023
+ Net income (loss) attributable to KLAQ3 2023)
÷ No. shares of common stock outstanding
= (582,534,000 + 741,375,000 + 684,654,000 + 697,837,000)
÷ 135,233,651 = 20.01
3 Closing price as at the filing date of KLA Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/E ratio = Share price ÷ EPS
= 599.37 ÷ 20.01 = 29.95
5 Click competitor name to see calculations.
Valuation ratio | Description | The company |
---|---|---|
P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | KLA Corp. P/E ratio increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Price to Operating Profit (P/OP)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No. shares of common stock outstanding1 | 135,233,651 | 135,932,316 | 136,720,074 | 137,198,902 | 138,479,764 | 141,718,327 | 141,803,776 | 149,235,049 | 150,715,343 | 151,622,165 | 152,737,157 | 153,281,783 | 154,074,651 | 154,459,817 | 155,461,444 | 155,048,894 | 156,772,198 | 157,794,495 | 159,255,950 | 161,620,262 | 151,363,988 | 153,075,310 | 156,126,508 | 155,872,083 | 156,620,125 | 156,707,903 | ||||||||
Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
Income from operations (in thousands) | 733,318) | 899,206) | 824,221) | 860,593) | 1,199,179) | 1,110,703) | 974,516) | 894,907) | 965,958) | 818,800) | 719,780) | 672,147) | 570,164) | 526,389) | 453,158) | 175,964) | 462,831) | 410,248) | 268,900) | 243,295) | 433,273) | 443,905) | 423,506) | 385,804) | 366,197) | 361,687) | ||||||||
Operating profit per share2 | 24.53 | 27.83 | 29.22 | 30.21 | 30.18 | 27.84 | 25.77 | 22.78 | 21.08 | 18.34 | 16.29 | 14.50 | 11.20 | 10.48 | 9.66 | 8.50 | 8.84 | 8.59 | 8.72 | 9.55 | 11.14 | 10.58 | 9.85 | 0.00 | 0.00 | 0.00 | ||||||||
Share price1, 3 | 599.37 | 457.93 | 496.47 | 386.54 | 399.37 | 321.50 | 395.74 | 319.26 | 366.65 | 355.34 | 353.35 | 315.35 | 294.23 | 197.18 | 202.85 | 163.81 | 171.28 | 169.04 | 136.12 | 114.55 | 100.99 | 91.54 | 118.27 | 102.18 | 113.44 | 108.07 | ||||||||
Valuation Ratio | ||||||||||||||||||||||||||||||||||
P/OP ratio4 | 24.43 | 16.45 | 16.99 | 12.79 | 13.23 | 11.55 | 15.36 | 14.02 | 17.40 | 19.37 | 21.69 | 21.76 | 26.27 | 18.82 | 20.99 | 19.27 | 19.38 | 19.67 | 15.60 | 11.99 | 9.06 | 8.65 | 12.01 | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | — | 675.69 | — | — | 782.37 | 100.42 | 36.08 | 43.60 | 40.92 | 39.48 | 49.04 | 47.29 | 55.06 | 75.77 | 80.11 | 101.06 | 81.62 | 91.66 | — | — | — | — | — | — | — | ||||||||
Analog Devices Inc. | — | 29.30 | 23.53 | 20.61 | 20.41 | 24.53 | 26.16 | 38.46 | 41.74 | 55.30 | 56.12 | 29.71 | 30.29 | 34.90 | 33.76 | 31.72 | 30.10 | 29.85 | 24.74 | 21.27 | 19.35 | 20.36 | 17.62 | — | — | — | ||||||||
Applied Materials Inc. | — | 22.03 | 17.58 | 15.53 | 14.65 | 12.26 | 11.35 | 11.57 | 12.68 | 15.55 | 18.85 | 19.43 | 23.98 | 22.70 | 18.50 | 14.76 | 13.85 | 17.50 | 16.36 | 12.41 | 9.45 | 8.18 | 6.74 | — | — | — | ||||||||
Broadcom Inc. | — | 41.23 | 31.96 | 22.57 | 20.66 | 17.32 | 16.33 | 16.17 | 20.04 | 24.51 | 30.77 | 27.21 | 30.43 | 35.86 | 44.03 | 41.08 | 35.53 | 25.99 | 36.85 | 28.49 | 23.44 | 24.21 | 19.42 | — | — | — | ||||||||
Intel Corp. | — | — | 1,984.43 | — | — | — | 49.91 | 14.19 | 10.76 | 8.87 | 10.06 | 9.88 | 10.65 | 11.76 | 9.72 | 8.03 | 8.28 | 10.08 | 13.29 | — | — | — | — | — | — | — | ||||||||
Lam Research Corp. | 28.60 | 17.56 | 16.79 | 11.91 | 10.68 | 8.94 | 11.79 | 12.15 | 15.75 | 15.80 | 18.34 | 23.20 | 21.56 | 15.99 | 20.40 | 14.99 | 19.68 | 16.64 | 12.12 | 11.10 | 8.51 | 7.30 | 8.66 | — | — | — | ||||||||
Micron Technology Inc. | — | — | — | — | 34.54 | 7.86 | 5.93 | 5.31 | 8.90 | 13.31 | 12.48 | 20.11 | 29.00 | 25.85 | 19.51 | 22.93 | 19.03 | 14.79 | 6.83 | 3.68 | 3.47 | 2.25 | 3.20 | — | — | — | ||||||||
NVIDIA Corp. | 107.14 | 213.96 | 136.17 | 63.84 | 46.93 | 47.25 | 66.13 | 93.13 | 71.24 | 70.98 | 75.05 | 82.81 | 84.53 | 62.32 | 66.39 | 59.72 | 39.72 | 34.03 | 24.81 | — | — | — | — | — | — | — | ||||||||
ON Semiconductor Corp. | — | — | 13.06 | 10.70 | 19.63 | 14.85 | 14.72 | 12.44 | 13.07 | 13.36 | 19.70 | 24.29 | 27.03 | 35.18 | 49.43 | 31.34 | 57.47 | 23.62 | 19.86 | — | — | — | — | — | — | — | ||||||||
Qualcomm Inc. | — | 20.09 | 15.85 | 14.36 | 9.90 | 10.47 | 7.95 | 11.41 | 11.80 | 19.06 | 15.84 | 15.54 | 17.26 | 23.79 | 23.32 | 29.96 | 11.05 | 13.01 | 12.60 | 14.09 | 54.63 | 42.67 | 103.26 | — | — | — | ||||||||
Texas Instruments Inc. | — | — | 19.75 | 16.15 | 18.24 | 15.69 | 16.29 | 13.69 | 15.53 | 16.30 | 17.67 | 20.89 | 22.42 | 25.48 | 26.53 | 25.17 | 22.86 | 18.39 | 21.46 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
Operating profit per share
= (Income from operationsQ2 2024
+ Income from operationsQ1 2024
+ Income from operationsQ4 2023
+ Income from operationsQ3 2023)
÷ No. shares of common stock outstanding
= (733,318,000 + 899,206,000 + 824,221,000 + 860,593,000)
÷ 135,233,651 = 24.53
3 Closing price as at the filing date of KLA Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 599.37 ÷ 24.53 = 24.43
5 Click competitor name to see calculations.
Valuation ratio | Description | The company |
---|---|---|
P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | KLA Corp. P/OP ratio decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |
Price to Sales (P/S)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No. shares of common stock outstanding1 | 135,233,651 | 135,932,316 | 136,720,074 | 137,198,902 | 138,479,764 | 141,718,327 | 141,803,776 | 149,235,049 | 150,715,343 | 151,622,165 | 152,737,157 | 153,281,783 | 154,074,651 | 154,459,817 | 155,461,444 | 155,048,894 | 156,772,198 | 157,794,495 | 159,255,950 | 161,620,262 | 151,363,988 | 153,075,310 | 156,126,508 | 155,872,083 | 156,620,125 | 156,707,903 | ||||||||
Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
Revenues (in thousands) | 2,486,726) | 2,396,956) | 2,355,137) | 2,432,608) | 2,983,887) | 2,724,424) | 2,486,739) | 2,288,676) | 2,352,630) | 2,083,838) | 1,925,471) | 1,803,773) | 1,650,870) | 1,538,620) | 1,459,593) | 1,423,964) | 1,509,453) | 1,413,414) | 1,258,435) | 1,097,311) | 1,119,898) | 1,093,260) | 1,070,004) | 1,021,294) | 975,822) | 969,581) | ||||||||
Sales per share2 | 71.52 | 74.81 | 76.77 | 77.46 | 75.71 | 69.52 | 64.96 | 57.97 | 54.18 | 49.23 | 45.30 | 42.10 | 39.42 | 38.40 | 37.35 | 36.15 | 33.67 | 30.98 | 28.69 | 27.10 | 28.44 | 27.18 | 25.86 | 0.00 | 0.00 | 0.00 | ||||||||
Share price1, 3 | 599.37 | 457.93 | 496.47 | 386.54 | 399.37 | 321.50 | 395.74 | 319.26 | 366.65 | 355.34 | 353.35 | 315.35 | 294.23 | 197.18 | 202.85 | 163.81 | 171.28 | 169.04 | 136.12 | 114.55 | 100.99 | 91.54 | 118.27 | 102.18 | 113.44 | 108.07 | ||||||||
Valuation Ratio | ||||||||||||||||||||||||||||||||||
P/S ratio4 | 8.38 | 6.12 | 6.47 | 4.99 | 5.28 | 4.62 | 6.09 | 5.51 | 6.77 | 7.22 | 7.80 | 7.49 | 7.46 | 5.13 | 5.43 | 4.53 | 5.09 | 5.46 | 4.74 | 4.23 | 3.55 | 3.37 | 4.57 | — | — | — | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | — | 11.95 | 7.89 | 8.08 | 5.70 | 5.38 | 4.14 | 7.34 | 8.54 | 8.76 | 9.94 | 8.90 | 8.94 | 10.63 | 10.63 | 11.68 | 8.67 | 8.59 | — | — | — | — | — | — | — | ||||||||
Analog Devices Inc. | — | 8.30 | 7.31 | 6.89 | 6.75 | 7.89 | 7.14 | 7.88 | 8.52 | 10.43 | 12.98 | 9.38 | 9.11 | 10.06 | 9.03 | 7.90 | 7.61 | 7.93 | 7.06 | 6.53 | 6.01 | 6.32 | 5.35 | — | — | — | ||||||||
Applied Materials Inc. | — | 6.36 | 5.08 | 4.49 | 4.29 | 3.63 | 3.43 | 3.59 | 4.03 | 4.88 | 5.63 | 5.53 | 6.35 | 5.74 | 4.69 | 3.58 | 3.27 | 4.06 | 3.75 | 2.92 | 2.37 | 2.19 | 1.87 | — | — | — | ||||||||
Broadcom Inc. | — | 15.05 | 14.46 | 10.15 | 9.33 | 7.66 | 7.00 | 6.54 | 7.49 | 8.42 | 9.55 | 7.66 | 7.56 | 7.46 | 7.40 | 6.27 | 5.28 | 4.13 | 5.62 | 5.17 | 4.85 | 5.39 | 4.78 | — | — | — | ||||||||
Intel Corp. | — | — | 3.40 | 2.83 | 2.85 | 2.30 | 1.85 | 1.73 | 2.03 | 2.29 | 2.48 | 2.56 | 2.77 | 3.08 | 2.96 | 2.53 | 2.73 | 3.31 | 4.07 | — | — | — | — | — | — | — | ||||||||
Lam Research Corp. | 7.75 | 4.99 | 4.99 | 3.66 | 3.39 | 2.83 | 3.68 | 3.79 | 4.98 | 4.91 | 5.62 | 6.86 | 6.18 | 4.48 | 5.43 | 3.95 | 4.96 | 4.23 | 3.10 | 2.99 | 2.40 | 2.08 | 2.51 | — | — | — | ||||||||
Micron Technology Inc. | 6.64 | 5.83 | 4.94 | 3.88 | 3.02 | 1.99 | 1.87 | 1.83 | 2.84 | 3.62 | 2.83 | 3.54 | 4.41 | 3.93 | 2.73 | 2.83 | 2.54 | 2.96 | 2.15 | 1.52 | 1.62 | 1.12 | 1.58 | — | — | — | ||||||||
NVIDIA Corp. | 35.40 | 37.17 | 21.32 | 13.27 | 12.64 | 15.92 | 24.67 | 32.91 | 23.77 | 20.32 | 20.40 | 22.50 | 22.93 | 18.33 | 17.31 | 12.82 | 8.89 | 9.09 | 8.06 | — | — | — | — | — | — | — | ||||||||
ON Semiconductor Corp. | — | — | 4.02 | 3.37 | 5.57 | 4.06 | 4.17 | 3.29 | 3.62 | 3.36 | 3.76 | 3.74 | 3.18 | 2.94 | 3.28 | 1.92 | 1.71 | 1.19 | 1.56 | — | — | — | — | — | — | — | ||||||||
Qualcomm Inc. | — | 4.57 | 3.45 | 3.74 | 3.06 | 3.53 | 2.85 | 4.09 | 3.85 | 5.89 | 4.62 | 4.93 | 5.24 | 6.91 | 6.20 | 5.25 | 3.59 | 4.24 | 3.98 | 3.52 | 4.95 | 2.82 | 3.37 | — | — | — | ||||||||
Texas Instruments Inc. | — | — | 8.26 | 7.11 | 8.49 | 7.65 | 8.25 | 7.10 | 8.00 | 8.24 | 8.63 | 9.82 | 10.13 | 10.89 | 10.81 | 9.77 | 8.87 | 7.28 | 8.54 | — | — | — | — | — | — | — |
Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
Sales per share
= (RevenuesQ2 2024
+ RevenuesQ1 2024
+ RevenuesQ4 2023
+ RevenuesQ3 2023)
÷ No. shares of common stock outstanding
= (2,486,726,000 + 2,396,956,000 + 2,355,137,000 + 2,432,608,000)
÷ 135,233,651 = 71.52
3 Closing price as at the filing date of KLA Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 599.37 ÷ 71.52 = 8.38
5 Click competitor name to see calculations.
Valuation ratio | Description | The company |
---|---|---|
P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | KLA Corp. P/S ratio decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |
Price to Book Value (P/BV)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
No. shares of common stock outstanding1 | 135,233,651 | 135,932,316 | 136,720,074 | 137,198,902 | 138,479,764 | 141,718,327 | 141,803,776 | 149,235,049 | 150,715,343 | 151,622,165 | 152,737,157 | 153,281,783 | 154,074,651 | 154,459,817 | 155,461,444 | 155,048,894 | 156,772,198 | 157,794,495 | 159,255,950 | 161,620,262 | 151,363,988 | 153,075,310 | 156,126,508 | 155,872,083 | 156,620,125 | 156,707,903 | ||||||||
Selected Financial Data (US$) | ||||||||||||||||||||||||||||||||||
Total KLA stockholders’ equity (in thousands) | 3,043,711) | 2,990,217) | 2,919,753) | 2,682,781) | 2,603,260) | 2,102,074) | 1,401,351) | 4,080,307) | 4,048,527) | 3,860,930) | 3,377,554) | 3,114,856) | 2,935,182) | 2,747,184) | 2,665,424) | 2,307,433) | 2,669,764) | 2,661,163) | 2,659,108) | 2,849,093) | 1,597,622) | 1,567,369) | 1,620,511) | 1,370,143) | 1,225,625) | 1,463,956) | ||||||||
Book value per share (BVPS)2 | 22.51 | 22.00 | 21.36 | 19.55 | 18.80 | 14.83 | 9.88 | 27.34 | 26.86 | 25.46 | 22.11 | 20.32 | 19.05 | 17.79 | 17.15 | 14.88 | 17.03 | 16.86 | 16.70 | 17.63 | 10.55 | 10.24 | 10.38 | 8.79 | 7.83 | 9.34 | ||||||||
Share price1, 3 | 599.37 | 457.93 | 496.47 | 386.54 | 399.37 | 321.50 | 395.74 | 319.26 | 366.65 | 355.34 | 353.35 | 315.35 | 294.23 | 197.18 | 202.85 | 163.81 | 171.28 | 169.04 | 136.12 | 114.55 | 100.99 | 91.54 | 118.27 | 102.18 | 113.44 | 108.07 | ||||||||
Valuation Ratio | ||||||||||||||||||||||||||||||||||
P/BV ratio4 | 26.63 | 20.82 | 23.25 | 19.77 | 21.24 | 21.67 | 40.05 | 11.68 | 13.65 | 13.95 | 15.98 | 15.52 | 15.44 | 11.09 | 11.83 | 11.01 | 10.06 | 10.02 | 8.15 | 6.50 | 9.57 | 8.94 | 11.39 | 11.62 | 14.50 | 11.57 | ||||||||
Benchmarks | ||||||||||||||||||||||||||||||||||
P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||||||||
Advanced Micro Devices Inc. | — | — | 4.85 | 3.18 | 3.20 | 2.40 | 2.32 | 1.73 | 2.87 | 2.91 | 19.21 | 20.69 | 16.81 | 15.76 | 17.77 | 23.76 | 27.03 | 20.69 | 20.46 | 16.96 | 17.39 | 16.22 | — | — | — | — | ||||||||
Analog Devices Inc. | — | 2.70 | 2.53 | 2.46 | 2.41 | 2.72 | 2.35 | 2.39 | 2.24 | 2.35 | 2.50 | 4.98 | 4.64 | 4.88 | 4.22 | 3.70 | 3.64 | 3.90 | 3.61 | 3.40 | 3.19 | 3.40 | 3.02 | 3.35 | 3.33 | 3.22 | ||||||||
Applied Materials Inc. | — | 9.67 | 8.23 | 7.90 | 8.09 | 7.11 | 7.25 | 7.48 | 8.65 | 9.91 | 10.60 | 9.92 | 10.50 | 9.11 | 7.63 | 6.09 | 5.59 | 7.04 | 6.67 | 5.35 | 4.56 | 4.49 | 4.73 | 6.16 | 7.27 | 6.93 | ||||||||
Broadcom Inc. | — | 8.32 | 21.59 | 16.31 | 14.86 | 11.31 | 10.23 | 9.93 | 10.71 | 10.45 | 10.50 | 8.35 | 8.07 | 7.68 | 7.40 | 6.18 | 5.04 | 3.84 | 5.09 | 5.36 | 4.77 | 4.95 | 3.74 | 3.55 | 3.61 | 4.25 | ||||||||
Intel Corp. | — | — | 1.75 | 1.47 | 1.53 | 1.32 | 1.15 | 1.20 | 1.47 | 1.73 | 2.05 | 2.23 | 2.52 | 3.00 | 2.84 | 2.65 | 2.62 | 3.29 | 3.78 | 3.31 | 3.05 | 3.19 | — | — | — | — | ||||||||
Lam Research Corp. | 13.49 | 9.82 | 10.59 | 8.22 | 7.78 | 6.88 | 10.10 | 10.52 | 12.70 | 13.28 | 13.64 | 16.94 | 13.40 | 9.14 | 10.55 | 8.38 | 10.81 | 8.13 | 6.39 | 5.88 | 4.51 | 4.27 | 4.28 | 4.48 | 5.07 | 4.59 | ||||||||
Micron Technology Inc. | 2.77 | 2.20 | 1.74 | 1.55 | 1.47 | 1.09 | 1.15 | 1.20 | 1.85 | 2.33 | 1.79 | 2.13 | 2.55 | 2.17 | 1.50 | 1.51 | 1.35 | 1.68 | 1.40 | 1.16 | 1.41 | 1.04 | 1.49 | 2.31 | 2.45 | 2.35 | ||||||||
NVIDIA Corp. | 42.06 | 39.23 | 26.02 | 17.76 | 15.76 | 17.87 | 24.95 | 33.57 | 24.61 | 20.84 | 20.13 | 21.68 | 21.53 | 16.48 | 15.48 | 11.45 | 8.76 | 10.05 | 10.10 | 13.03 | 17.80 | 19.09 | — | — | — | — | ||||||||
ON Semiconductor Corp. | — | — | 4.26 | 3.76 | 6.66 | 5.25 | 5.61 | 4.70 | 5.12 | 4.84 | 5.53 | 5.75 | 4.96 | 4.42 | 4.87 | 2.93 | 2.78 | 2.00 | 2.60 | 2.71 | 2.24 | 2.86 | — | — | — | — | ||||||||
Qualcomm Inc. | — | 7.19 | 5.72 | 6.98 | 6.38 | 8.05 | 7.00 | 10.74 | 11.35 | 18.72 | 15.59 | 19.65 | 20.75 | 24.98 | 24.00 | 31.75 | 29.17 | 23.03 | 19.69 | 16.28 | 27.16 | 16.79 | 82.57 | 3.78 | 3.10 | 4.22 | ||||||||
Texas Instruments Inc. | — | — | 8.57 | 7.74 | 10.03 | 9.79 | 11.33 | 9.88 | 11.12 | 11.14 | 11.87 | 14.22 | 15.22 | 16.52 | 17.02 | 16.11 | 15.88 | 13.29 | 13.79 | 12.28 | 13.75 | 12.98 | — | — | — | — |
Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).
1 Data adjusted for splits and stock dividends.
2 Q2 2024 Calculation
BVPS = Total KLA stockholders’ equity ÷ No. shares of common stock outstanding
= 3,043,711,000 ÷ 135,233,651 = 22.51
3 Closing price as at the filing date of KLA Corp. Quarterly or Annual Report.
4 Q2 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 599.37 ÷ 22.51 = 26.63
5 Click competitor name to see calculations.
Valuation ratio | Description | The company |
---|---|---|
P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | KLA Corp. P/BV ratio decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |