KLA (TSX:KLAC) Cyclically Adjusted Book per Share: C$0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:KLAC KLA Corp TSX:KLAC
65 GF Score
Price C$23.00
GF Value C$14.13
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is KLA Cyclically Adjusted Book per Share?

KLA TSX:KLAC -11.13% 65 Cyclically Adjusted Book per Share is C$0.00 as of Mar. 2026. GuruFocus rates TSX:KLAC with a GF Score™ of 65/100 and a GF Value™ of C$14.13 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

KLA's adjusted book value per share for the three months ended in Mar. 2026 was C$6.120. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, KLA's average Cyclically Adjusted Book Growth Rate was 24.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of KLA was 18.60% per year. The lowest was -7.50% per year. And the median was 5.40% per year.

As of today (2026-07-30), KLA's current stock price is C$23.00. KLA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.00. KLA's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KLA was 117.98. The lowest was 4.17. And the median was 20.41.


KLA  (TSX:KLAC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KLA was 117.98. The lowest was 4.17. And the median was 20.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


KLA Cyclically Adjusted Book per Share Related Terms


KLA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for KLA's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KLA Cyclically Adjusted Book per Share Chart

KLA Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

KLA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSX:KLAC vs LRCX, AMAT, TER: Cyclically Adjusted Book per Share Comparison

For the Semiconductor Equipment & Materials subindustry, KLA's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KLA Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, KLA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KLA's Cyclically Adjusted PB Ratio falls into.


TSX:KLAC
65GF Score
KLA Corp TSX:KLAC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KLA Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, KLA's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.12/330.2130*330.2130
=6.120

Current CPI (Mar. 2026) = 330.2130.

KLA Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.570 241.018 0.781
201609 0.655 241.428 0.896
201612 0.821 241.432 1.123
201703 0.980 243.801 1.327
201706 1.124 244.955 1.515
201709 1.147 246.819 1.535
201712 0.999 246.524 1.338
201803 1.137 249.554 1.504
201806 1.363 251.989 1.786
201809 1.319 252.439 1.725
201812 1.418 251.233 1.864
201903 2.353 254.202 3.057
201906 2.216 256.143 2.857
201909 2.229 256.759 2.867
201912 2.242 256.974 2.881
202003 2.078 258.115 2.658
202006 2.324 257.797 2.977
202009 2.351 260.280 2.983
202012 2.439 260.474 3.092
202103 2.553 264.877 3.183
202106 2.702 271.696 3.284
202109 3.224 274.310 3.881
202112 3.435 278.802 4.068
202203 3.458 287.504 3.972
202206 1.265 296.311 1.410
202209 1.979 296.808 2.202
202212 2.554 296.797 2.842
202303 2.674 301.836 2.925
202306 2.837 305.109 3.070
202309 2.976 307.789 3.193
202312 3.019 306.746 3.250
202403 3.110 312.332 3.288
202406 3.434 314.175 3.609
202409 3.603 315.301 3.773
202412 3.841 315.605 4.019
202503 4.348 319.799 4.490
202506 4.858 322.561 4.973
202509 5.244 324.800 5.331
202512 5.749 324.054 5.858
202603 6.120 330.213 6.120

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of C$0.00 mean?
KLA (TSX:KLAC) has a Cyclically Adjusted Book per Share of C$0.00 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on KLA and its competitors.
Is KLA's Cyclically Adjusted Book per Share too high?
KLA's current Cyclically Adjusted Book per Share is C$0.00. Overall, KLA has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KLA's Cyclically Adjusted Book per Share compare to LRCX and AMAT?
KLA's Cyclically Adjusted Book per Share of C$0.00 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on KLA and its competitors. KLA's current Cyclically Adjusted Book per Share is C$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KLA stock overvalued right now?
Based on GuruFocus' analysis, KLA (TSX:KLAC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.13, compared to a current price of C$23.00 — trading 62.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is C$0.00. KLA's overall GF Score™ is 65/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For KLA (TSX:KLAC), the current Cyclically Adjusted Book per Share is C$0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KLA (TSX:KLAC) Overvalued in 2026?

Based on GuruFocus' analysis, KLA stock appears to be overvalued. The current stock price of C$23.00 is trading 62.8% above its estimated GF Value™ of C$14.13. GuruFocus considers KLA to be Significantly Overvalued.

Key valuation signals for TSX:KLAC:

  • Cyclically Adjusted Book per Share: C$0.00
  • GF Value™: C$14.13 vs. price of C$23.00 (62.8% above fair value)
  • GF Score™: 65/100 with 1 warning sign

No single metric tells the full story. See the TSX:KLAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KLA Business Description

Address One Technology Drive, Milpitas, CA, USA, 95035
KLA is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segment of semiconductor process control, wherein machines inspect semiconductor wafers during research and development and manufacturing for defects and verify precise measurements. In this section of the market, KLA holds a majority share. It also has a small exposure to the etch and deposition segments of the WFE market. It counts as top customers the largest chipmakers in the world, including TSMC and Samsung.
65GF Score

Get the complete analysis for TSX:KLAC

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$23.00
Price
C$14.13
GF Value