OLED
Universal Display
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: OLED
- PE Ratio
As of Nov 2, 2026, the OLED stock has a P/E ratio of 18.15. The calculation is based on the latest EPS of $4.95 and the stock price of $89.84 per share. A decrease of 9% has been observed in the PE ratio compared to its average of 19.9 of the past four quarters.
OLED PE ratio history
The mean historical PE ratio of Universal Display over the last ten years is 49.46. The current 18.15 price-to-earnings ratio is 63% less than the historical average. Analyzing the last ten years, OLED's PE ratio reached its highest point in the Mar 2019 quarter at 85.87, with a price of $152.85 and an EPS of $1.78. The Sep 2026 quarter saw the lowest point at 15.56, with a price of $77.04 and an EPS of $4.95.
Universal Display PE ratio by year
Maximum annual increase: 469.61% in 2015
Maximum annual decrease: -82.51% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 22.94 | -26.87% | $116.78 | $5.09 |
| 2024 | 31.37 | -30.29% | $146.2 | $4.66 |
| 2023 | 45 | 83.67% | $191.26 | $4.25 |
| 2022 | 24.5 | -42.54% | $108.04 | $4.41 |
| 2021 | 42.64 | -48.04% | $165.03 | $3.87 |
| 2020 | 82.07 | 16.3% | $229.8 | $2.8 |
| 2019 | 70.57 | -6.48% | $206.07 | $2.92 |
| 2018 | 75.46 | -4.29% | $93.57 | $1.24 |
| 2017 | 78.84 | 42.83% | $172.65 | $2.19 |
| 2016 | 55.2 | -68.57% | $56.3 | $1.02 |
| 2015 | 175.61 | 469.61% | $54.44 | $0.31 |
| 2014 | 30.83 | 44.47% | $27.75 | $0.9 |
| 2013 | 21.34 | -82.51% | $34.36 | $1.61 |
| 2012 | 122 | -76.72% | $25.62 | $0.21 |
| 2011 | 524.14 | N/A | $36.69 | $0.07 |
Universal Display PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2026 | 15.56 | -25.44% | $77.04 | $4.95 |
| Jun 2026 | 20.87 | 2.45% | $86.59 | $4.15 |
| Mar 2026 | 20.37 | -11.2% | $91.66 | $4.5 |
| Dec 2025 | 22.94 | -25.57% | $116.78 | $5.09 |
| Sep 2025 | 30.82 | 2.36% | $143.63 | $4.66 |
| Jun 2025 | 30.11 | 4.04% | $154.46 | $5.13 |
| Mar 2025 | 28.94 | -7.75% | $139.48 | $4.82 |
| Dec 2024 | 31.37 | -25.42% | $146.2 | $4.66 |
| Sep 2024 | 42.06 | -6.57% | $209.9 | $4.99 |
| Jun 2024 | 45.02 | 23.21% | $210.25 | $4.67 |
| Mar 2024 | 36.54 | -18.8% | $168.45 | $4.61 |
| Dec 2023 | 45 | 23.83% | $191.26 | $4.25 |
| Sep 2023 | 36.34 | 9.92% | $156.99 | $4.32 |
| Jun 2023 | 33.06 | -10.7% | $144.13 | $4.36 |
| Mar 2023 | 37.02 | 51.1% | $155.13 | $4.19 |
OLED Price vs fair value
OLED average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
OLED's current PE ratio is under its 3, 5 and 10-year averages.
PE comparison
Universal Display's price to earnings (P/E) of 18.15 is lower than the Technology sector and the industry average. Looking at the Technology sector average of 30.04, Universal Display's price to earnings (P/E) is 40% lower.
OLED PE vs peers
Frequently asked questions
What is Universal Display's PE ratio?
The price to earnings ratio for OLED stock as of Nov 2, 2026, stands at 18.15.
What is the 3-year average PE ratio for Universal Display (OLED)?
The average PE ratio for OLED stock over the past 3 years is 30.8.
What is the 5-year average PE ratio for Universal Display (OLED)?
The average PE ratio for OLED stock over the past 5 years is 31.83.
What is the highest PE ratio for OLED?
The highest quarterly PE ratio in the last ten years has been 85.87 and it was in the Mar 2019 quarter.
How does the current PE ratio for OLED compare to its historical average?
OLED's current price to earnings ratio is 63% below its 10-year historical average.
How is OLED's PE ratio calculated (Universal Display PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 2, 2026), Universal Display's share price is $89.84. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2026 is $4.95. Therefore, Universal Display's price to earnings ratio for today is 18.15. PE RATIO(18.15) = STOCK PRICE($89.84) / TTM EPS($4.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.