Switch to:
KLA-Tencor Corp (NAS:KLAC)
Shiller P/E Ratio
22.18 (As of Today)

As of today, KLA-Tencor Corp's current share price is $53.23. KLA-Tencor Corp's E10 for the quarter that ended in Jun. 2015 was $2.40. KLA-Tencor Corp's Shiller P/E Ratio for today is 22.18.

KLAC' s 10-Year Shiller P/E Ratio Range
Min: 11.05   Max: 57.64
Current: 22.19


During the past 13 years, KLA-Tencor Corp's highest Shiller P/E Ratio was 57.64. The lowest was 11.05. And the median was 28.16.

KLAC's Shiller P/E Ratiois ranked higher than
78% of the 100 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 34.67 vs. KLAC: 22.19 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

KLA-Tencor Corp's adjusted earnings per share data for the three months ended in Jun. 2015 was $0.888. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.40 for the trailing ten years ended in Jun. 2015.


For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

KLA-Tencor Corp's Shiller P/E Ratio for today is calculated as

Shiller P/E Ratio=Share Price/E10

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

KLA-Tencor Corp's E10 for the fiscal year that ended in Jun15 is calculated as:

For example, KLA-Tencor Corp's adjusted earnings per share data for the three months ended in Jun. 2015 was:

Adj_EPS=Earnigns per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)

Current CPI (Jun. 2015) = 238.638.

KLA-Tencor Corp Quarterly Data

per share eps 0.9800.7990.6600.8301.2100.7690.4300.1200.8100.888
CPI 232.773233.504234.149233.049236.293238.343238.031234.812236.119238.638
Adj_EPS 1.0050.8170.6730.8501.2220.7700.4310.1220.8190.888
per share eps 0.9101.0901.2201.4291.1300.6601.2101.4540.8000.630
CPI 218.439219.179223.467225.722226.889225.672229.392229.478231.407229.601
Adj_EPS 0.9941.1871.3031.5111.1890.6981.2591.5120.8250.655
per share eps 0.6100.4270.110-2.570-0.490-0.1500.1200.1300.3300.658
CPI 213.528218.815218.783210.228212.709215.693215.969215.949217.631217.965
Adj_EPS 0.6820.4660.120-2.917-0.550-0.1660.1330.1440.3620.720
per share eps 0.3700.3800.4700.6470.6700.4400.7600.7480.4600.450
CPI 198.800196.800199.800202.900202.900201.800205.352208.352208.490210.036
Adj_EPS 0.4440.4610.5610.7610.7880.5200.8830.8570.5270.511

Add all the adjusted EPS together and divide 10 will get our E10.


Compared with the regular P/E ratio, which works poorly for cyclical businesses, the Shiller P/E smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller P/E should give similar results to regular P/E.

Compared with the P/S ratio, the Shiller P/E makes the comparison between different industries more meaningful.

Be Aware

The Shiller P/E assumes that over the long term, businesses and profitability revert to their means. If a company’s business model does not work in the future compared with the past, the Shiller P/E and P/S ratio will give false valuations.

Related Terms

P/E Ratio, P/B Ratio, P/S Ratio, Price-to-Free-Cash-Flow ratio, E10

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

KLA-Tencor Corp Annual Data

ShillerPE 36.5541.2127.3222.3225.4225.6025.8825.5029.6823.44

KLA-Tencor Corp Quarterly Data

ShillerPE 24.9725.5027.3028.2228.9829.6832.5930.1824.9423.44
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership