As of Jul 25, 2024, the OLED stock has a P/E ratio of 48.14. The calculation is based on the latest EPS of $4.61 and the stock price of $221.91 per share. An increase of 28% has been observed in the PE ratio compared to its average of 37.7 of the past four quarters.
The mean historical PE ratio of Universal Display over the last ten years is 71.19. The current 48.14 price-to-earnings ratio is 32% less than the historical average. Analyzing the last ten years, OLED's PE ratio reached its highest point in the Jun 2015 quarter at 344.87, with a price of $51.73 and an EPS of $0.15. The Sep 2014 quarter saw the lowest point at 17.36, with a price of $32.64 and an EPS of $1.88.
Maximum annual increase: 469.61% in 2015
Maximum annual decrease: -68.57% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 45 | 83.67% |
| 2022 | 24.5 | -42.54% |
| 2021 | 42.64 | -48.04% |
| 2020 | 82.07 | 16.3% |
| 2019 | 70.57 | -6.48% |
| 2018 | 75.46 | -4.29% |
| 2017 | 78.84 | 42.83% |
| 2016 | 55.2 | -68.57% |
| 2015 | 175.61 | 469.61% |
| 2014 | 30.83 | 44.47% |
OLED's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
When compared to its peer stock DD, OLED's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OLED Universal Display Corp | 49.54 | $10.83B |
| DD DuPont de Nemours Inc | 95.45 | $33.52B |
| MVIS Microvision Inc | N/A | $231.46M |
| KOPN Kopin Corp | N/A | $127.31M |
The price to earnings ratio for OLED stock as of Jul 25, 2024, stands at 48.14.
The average PE ratio for OLED stock over the past 3 years is 35.53.
The average PE ratio for OLED stock over the past 5 years is 48.99.
The highest quarterly PE ratio in the last ten years has been 344.87 and it was in the Jun 2015 quarter.
OLED's current price to earnings ratio is 32% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Universal Display's share price is $221.91. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.61. Therefore, Universal Display's price to earnings ratio for today is 48.14. PE RATIO(48.14) = STOCK PRICE($221.91) / TTM EPS($4.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.