OLED
Universal Display
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: OLED
- PE Ratio
As of Jul 2, 2026, the OLED stock has a P/E ratio of 17.49. The calculation is based on the latest EPS of $4.5 and the stock price of $78.7 per share. A decrease of 33% has been observed in the PE ratio compared to its average of 26.1 of the past four quarters.
OLED PE ratio history
The mean historical PE ratio of Universal Display over the last ten years is 51.47. The current 17.49 price-to-earnings ratio is 66% 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 Mar 2026 quarter saw the lowest point at 20.37, with a price of $91.66 and an EPS of $4.5.
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 |
|---|---|---|---|---|
| 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 |
| Dec 2022 | 24.5 | 3.86% | $108.04 | $4.41 |
| Sep 2022 | 23.59 | -10.2% | $94.35 | $4 |
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 17.49 is lower than the Technology sector and the industry average. Looking at the Technology sector average of 37.28, Universal Display's price to earnings (P/E) is 53% lower.
OLED PE vs peers
When compared to its peer stock KOPN, OLED's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OLED Universal Display Corp | 17.49 | $3.68B |
| KOPN Kopin Corp | 390 | $713.39M |
| DD DuPont de Nemours Inc | N/A | $19.12B |
| MVIS Microvision Inc | N/A | $124.62M |
Frequently asked questions
What is Universal Display's PE ratio?
The price to earnings ratio for OLED stock as of Jul 2, 2026, stands at 17.49.
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 33.59.
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 33.82.
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 66% 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 (Jul 2, 2026), Universal Display's share price is $78.7. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.5. Therefore, Universal Display's price to earnings ratio for today is 17.49. PE RATIO(17.49) = STOCK PRICE($78.7) / TTM EPS($4.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.