Universal Display Corporation (OLED) P/E Ratio History
Historical price-to-earnings valuation from 2012 to 2026
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OLED Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Universal Display Corporation (OLED) trades at a price-to-earnings ratio of 18.3x, with a stock price of $92.74 and trailing twelve-month earnings per share of $4.52.
The current P/E is 48% below its 5-year average of 35.0x. Over the past five years, OLED's P/E has ranged from a low of 20.5x to a high of 56.9x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, OLED trades at a 34% discount to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.
The PEG ratio of 1.44 (P/E divided by 9% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, OLED trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our OLED DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
OLED P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $64B | 2412.9 | - | +105%Best | |
| $14B | 98.6 | 2.85 | -32% | |
| $4B | 97.8 | - | -52% | |
| $4.2T | 38.5Lowest | 2.16Best | +23% | |
| $214B | 40.4 | 19.44 | -44% | |
| $326B | 47.4 | 2.76 | +1% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
OLED Historical P/E Data (2012–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $91.66 | $4.48 | 20.5x | -71% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $116.78 | $5.07 | 23.0x | -68% |
| FY2025 Q3 | $143.63 | $4.65 | 30.9x | -57% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $154.46 | $5.13 | 30.1x | -58% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $139.48 | $4.82 | 28.9x | -59% |
| FY2024 Q4 | $146.20 | $4.66 | 31.4x | -56% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $209.90 | $4.98 | 42.1x | -41% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $210.25 | $4.66 | 45.1x | -36% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $168.45 | $4.60 | 36.6x | -48% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $191.26 | $4.24 | 45.1x | -36% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $156.99 | $4.31 | 36.4x | -49% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $144.13 | $4.35 | 33.1x | -53% |
Average P/E for displayed period: 71.0x
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Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonOLED — Frequently Asked Questions
Quick answers to the most common questions about buying OLED stock.
Is OLED stock overvalued or undervalued?
OLED trades at 18.3x P/E, below its 5-year average of 35.0x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does OLED's valuation compare to peers?
Universal Display Corporation P/E of 18.3x compares to sector median of 27.7x. The discount suggests lower growth expectations or higher risk.
What is OLED's PEG ratio?
OLED PEG ratio is 1.44. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 2012-2026.