KLA (MEX:KLAC) Cyclically Adjusted PB Ratio: 86.08 (As of Aug. 13, 2026) — 319% Above Median

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MEX:KLAC KLA Corp MEX:KLAC
80 GF Score
Price MXN3,555.00
GF Value MXN1,912.85
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is KLA Cyclically Adjusted PB Ratio?

KLA MEX:KLAC +4.01% 80 Cyclically Adjusted PB Ratio is 86.08 as of Aug. 13, 2026, which is 319% above its 10-year median of 20.55. GuruFocus rates MEX:KLAC with a GF Score™ of 80/100 and a GF Value™ of MXN1,912.85 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 728 Semiconductors companies, KLA ranks worse than 99.45% on this metric.

As of today (2026-08-13), KLA's current share price is MXN3555.00. KLA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN41.30. KLA's Cyclically Adjusted PB Ratio for today is 86.08.

The historical rank and industry rank for KLA's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:KLAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.17   Med: 20.55   Max: 117.98
Current: 89.32

During the past years, KLA's highest Cyclically Adjusted PB Ratio was 117.98. The lowest was 4.17. And the median was 20.55.

MEX:KLAC's Cyclically Adjusted PB Ratio is ranked worse than
99.45% of 728 companies
in the Semiconductors industry
Industry Median: 3.23 vs MEX:KLAC: 89.32

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.

KLA's adjusted book value per share data for the three months ended in Jun. 2026 was MXN84.774. 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 MXN41.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KLA  (MEX:KLAC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


KLA Cyclically Adjusted PB Ratio Related Terms


KLA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KLA's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

KLA Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.17 29.71 50.68 47.97 129.41

KLA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 47.97 54.79 58.97 66.91 129.41

MEX:KLAC vs LRCX, AMAT, TER: Cyclically Adjusted PB Ratio 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.


MEX:KLAC
80GF Score
KLA Corp MEX:KLAC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KLA Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

KLA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3555.00/41.30
=86.08

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=84.774/333.9520*333.9520
=84.774

Current CPI (Jun. 2026) = 333.9520.

KLA Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.667 241.428 13.372
201612 12.695 241.432 17.560
201703 13.781 243.801 18.877
201706 15.287 244.955 20.841
201709 16.954 246.819 22.939
201712 15.369 246.524 20.820
201803 15.970 249.554 21.371
201806 20.405 251.989 27.042
201809 18.935 252.439 25.049
201812 20.724 251.233 27.547
201903 34.134 254.202 44.843
201906 32.029 256.143 41.759
201909 33.231 256.759 43.222
201912 32.102 256.974 41.718
202003 34.895 258.115 45.148
202006 39.575 257.797 51.266
202009 39.253 260.280 50.364
202012 37.874 260.474 48.558
202103 41.517 264.877 52.344
202106 44.008 271.696 54.092
202109 52.317 274.310 63.692
202112 55.057 278.802 65.948
202203 54.389 287.504 63.176
202206 19.881 296.311 22.407
202209 29.836 296.808 33.570
202212 36.656 296.797 41.245
202303 35.223 301.836 38.971
202306 36.604 305.109 40.064
202309 38.308 307.789 41.564
202312 38.197 306.746 41.585
202403 38.128 312.332 40.767
202406 45.905 314.175 48.795
202409 52.378 315.301 55.476
202412 56.233 315.605 59.502
202503 61.955 319.799 64.697
202506 66.924 322.561 69.287
202509 69.533 324.800 71.492
202512 75.044 324.054 77.336
202603 80.437 330.213 81.348
202606 84.774 333.952 84.774

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

What does a Cyclically Adjusted PB Ratio of 86.08 mean?
KLA (MEX:KLAC) has a Cyclically Adjusted PB Ratio of 86.08 as of Aug. 13, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on KLA and its competitors. This is 319% above median its historical median of 20.55. Over the past decade, KLA's Cyclically Adjusted PB Ratio has ranged from 4.17 to 117.98. According to the industry distribution chart, KLA ranks #724 out of 728 companies in the Semiconductors industry, placing it in the top 99.5%.
Is KLA's Cyclically Adjusted PB Ratio too high?
KLA's current Cyclically Adjusted PB Ratio of 86.08 is 319% above median its 10-year median of 20.55. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 117.98. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.23. KLA's value of 86.08 is 2565% above this industry median. Based on the distribution chart, KLA ranks #724 out of 728 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, KLA has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KLA's Cyclically Adjusted PB Ratio compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, KLA ranks #724 out of 728 companies for Cyclically Adjusted PB Ratio. This places KLA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.23. KLA's value of 86.08 is 2565% above this benchmark. Historically, KLA's own Cyclically Adjusted PB Ratio has ranged from 4.17 to 117.98 over the past decade. While the company's 10-year median is 20.55 vs. the industry median of 3.23, KLA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.23, based on 728 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KLA's current Cyclically Adjusted PB Ratio of 86.08 is 2565% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on KLA and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KLA's current Cyclically Adjusted PB Ratio is 86.08, which is 319% above median its own 10-year median of 20.55. 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 (MEX:KLAC) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,912.85, compared to a current price of MXN3,555.00 — trading 85.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 86.08, which is 319% above median its 10-year median of 20.55 and 2565% above the Semiconductors industry median of 3.23. KLA's overall GF Score™ is 80/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For KLA (MEX:KLAC), the current Cyclically Adjusted PB Ratio is 86.08 as of Aug. 13, 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 (MEX:KLAC) Overvalued in 2026?

Based on GuruFocus' analysis, KLA stock appears to be overvalued. The current stock price of MXN3,555.00 is trading 85.8% above its estimated GF Value™ of MXN1,912.85. GuruFocus considers KLA to be Significantly Overvalued.

Key valuation signals for MEX:KLAC:

  • Cyclically Adjusted PB Ratio: 86.08 (319% above median its 10-year median of 20.55)
  • GF Value™: MXN1,912.85 vs. price of MXN3,555.00 (85.8% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 2565% above the Semiconductors median (#724 of 728)

No single metric tells the full story. See the MEX: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.
80GF Score

Get the complete analysis for MEX:KLAC

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

MXN3,555.00
Price
MXN1,912.85
GF Value