KLA (XSWX:KLAC) E10: CHF1.40 (As of Jun. 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.

XSWX:KLAC KLA Corp XSWX:KLAC
84 GF Score
Price CHF166.32
GF Value CHF88.46
! 1 Warning Sign
View Full Analysis

What is KLA E10?

KLA XSWX:KLAC -3.56% 84 E10 is CHF1.40 as of Jun. 2026. GuruFocus rates XSWX:KLAC with a GF Score™ of 84/100 and a GF Value™ of CHF88.46. The stock has 1 warning sign investors should review.

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's adjusted earnings per share data for the three months ended in Jun. 2026 was CHF0.831. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF1.40 for the trailing ten years ended in Jun. 2026.

During the past 12 months, KLA's average E10 Growth Rate was 22.60% per year. During the past 3 years, the average E10 Growth Rate was 21.80% per year. During the past 5 years, the average E10 Growth Rate was 24.50% per year. During the past 10 years, the average E10 Growth Rate was 23.10% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of KLA was 27.60% per year. The lowest was -2.90% per year. And the median was 14.50% per year.

As of today (2026-08-17), KLA's current stock price is CHF166.32. KLA's E10 for the quarter that ended in Jun. 2026 was CHF1.40. KLA's Shiller PE Ratio of today is 118.80.

During the past 13 years, the highest Shiller PE Ratio of KLA was 140.30. The lowest was 22.27. And the median was 41.24.


KLA  (XSWX:KLAC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

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's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=166.32/1.40
=118.80

* 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.

During the past 13 years, the highest Shiller P/E Ratio of KLA was 140.30. The lowest was 22.27. And the median was 41.24.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


KLA E10 Related Terms


KLA E10 Historical Data

* Premium members only.

The historical data trend for KLA's E10 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 E10 Chart

KLA Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.40

KLA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 1.40

XSWX:KLAC vs LRCX, AMAT, TER: E10 Comparison

For the Semiconductor Equipment & Materials subindustry, KLA's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, KLA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KLA's Shiller PE Ratio falls into.


XSWX:KLAC
84GF Score
KLA Corp XSWX:KLAC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KLA E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.831/333.9520*333.9520
=0.831

Current CPI (Jun. 2026) = 333.9520.

KLA Quarterly Data

per share eps CPI Adj_EPS
201609 0.110 241.428 0.152
201612 0.155 241.432 0.214
201703 0.161 243.801 0.221
201706 0.157 244.955 0.214
201709 0.171 246.819 0.231
201712 -0.085 246.524 -0.115
201803 0.185 249.554 0.248
201806 0.220 251.989 0.292
201809 0.246 252.439 0.325
201812 0.240 251.233 0.319
201903 0.123 254.202 0.162
201906 0.133 256.143 0.173
201909 0.214 256.759 0.278
201912 0.236 256.974 0.307
202003 0.048 258.115 0.062
202006 0.250 257.797 0.324
202009 0.246 260.280 0.316
202012 0.261 260.474 0.335
202103 0.340 264.877 0.429
202106 0.372 271.696 0.457
202109 0.642 274.310 0.782
202112 0.434 278.802 0.520
202203 0.449 287.504 0.522
202206 0.524 296.311 0.591
202209 0.701 296.808 0.789
202212 0.642 296.797 0.722
202303 0.466 301.836 0.516
202306 0.447 305.109 0.489
202309 0.487 307.789 0.528
202312 0.370 306.746 0.403
202403 0.394 312.332 0.421
202406 0.552 314.175 0.587
202409 0.594 315.301 0.629
202412 0.549 315.605 0.581
202503 0.721 319.799 0.753
202506 0.737 322.561 0.763
202509 0.674 324.800 0.693
202512 0.692 324.054 0.713
202603 0.718 330.213 0.726
202606 0.831 333.952 0.831

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of CHF1.40 mean?
KLA (XSWX:KLAC) has a E10 of CHF1.40 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KLA and its competitors.
Is KLA's E10 too high?
KLA's current E10 is CHF1.40. Overall, KLA has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does KLA's E10 compare to LRCX and AMAT?
KLA's E10 of CHF1.40 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 E10 for a Semiconductors company?
A good E10 depends on the Semiconductors industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KLA and its competitors. KLA's current E10 is CHF1.40. 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?
KLA (XSWX:KLAC) has a current E10 of CHF1.40. The stock's GF Value™ is CHF88.46, compared to a current price of CHF166.32 — trading 88% above its estimated fair value. The current E10 is CHF1.40. KLA's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For KLA (XSWX:KLAC), the current E10 is CHF1.40 as of Jun. 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 (XSWX:KLAC) Overvalued in 2026?

Based on GuruFocus' analysis, KLA stock appears to be overvalued. The current stock price of CHF166.32 is trading 88% above its estimated GF Value™ of CHF88.46.

Key valuation signals for XSWX:KLAC:

  • E10: CHF1.40
  • GF Value™: CHF88.46 vs. price of CHF166.32 (88% above fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the XSWX: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.
84GF Score

Get the complete analysis for XSWX:KLAC

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF166.32
Price
CHF88.46
GF Value