Universal Display Historical PE Ratio
This OLED historical PE ratio page, which was last updated 10/9/2026, presents historical price to earnings information for Universal Display under both the TTM method and
the annualized method, and presented in both tabular and graphical format for ease of study.
OLED Historical PE Ratio Notes
— Universal Display Corporation (ticker symbol: OLED) is a leading player in the global organic light emitting diode (OLED) ecosystem. The company develops & licenses essential OLED materials, such as its proprietary UniversalPHOLED® phosphorescent materials, to top display & lighting manufacturers worldwide—including key names like Samsung & LG. OLED technologies are crucial for producing high-quality, energy-efficient displays used in smartphones, TVs, wearables, & automotive panels. As innovation in consumer electronics accelerates, Universal Display’s growth is deeply tied to the pace & breadth of OLED adoption in these sectors. When reviewing historical price-to-earnings (PE) ratio charts for OLED, it’s important to consider that the stock often traded at a premium PE ratio compared to the broader market, reflecting investor optimism about future OLED adoption, the company's technological leadership, & its high-margin, IP-driven business model. Significant swings in the PE ratio over time may coincide with product cycles, new device launches, broader display industry demand, and changes in licensing agreements. Understanding these drivers can provide context for why Universal Display's historical valuation has fluctuated so sharply in different periods.
How should the OLED historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
✔️Accepted answer:
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Universal Display. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this OLED Historical PE Ratio page.
What is the average historical PE for OLED based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
✔️Accepted answer:
The OLED historical PE ratio using the annualized quarterly earnings method works out to 57.7.
What is the average historical PE for OLED based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
✔️Accepted answer:
The OLED historical PE ratio using the TTM earnings method works out to 54.2.
What is the average historical PE for OLED based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?
✔️Accepted answer:
The OLED historical PE ratio using the annualized median TTM earnings method works out to 3.96.
On this page we presented the
Universal Display Historical PE Ratio information for Universal Display' stock.
The average OLED historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 57.7. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average OLED historical PE based on this TTM earnings result method is 54.2. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.
Let's now compare this OLED historical PE result, against the recent PE: when this page was posted on 10/8/2026, the most recent closing price for OLED had been 72.90, and the most recent quarterly earnings result, annualized, was 4.24. Meanwhile, the most recent TTM earnings summed to 4.13. From these numbers, we calculate the recent OLED PE on 10/8/2026 based on annualized quarterly EPS was 17.2. Based on OLED's history, that recent PE is low relative to the historical average, with the recent PE 70.2% lower than the historical average PE across our data set for Universal Display. Looking at the recent OLED PE on 10/8/2026 based on TTM EPS, we calculate the ratio at 17.7. Based on OLED's history, that recent PE is low relative to the historical average, with the recent PE 67.3% lower than the average PE across our Universal Display data set with TTM EPS used in the calculation at each period.
Another interesting OLED historical PE Ratio calculation we look at is to take the
median earnings per share of the last four quarters for OLED, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for OLED, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.76, 0.92, 1.06, and 1.39. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.92 and 1.06 — which gives us the median of 0.99. Basically the way to think about this 0.99 number is this: for the trailing four earnings reports, 0.99 marks the "middle ground" number where OLED has reported a value
higher than 0.99 half the time, and has reported a value
lower than 0.99 half the time. Annualizing that median value then gets us to 3.96/share, which we use as the denominator in our next PE calculation. With 72.90 as the numerator (as of 10/8/2026), the calculation is then 72.90 / 3.96 =
18.4 as the OLED PE ratio as of 10/8/2026, based on that annualized median value we calculated.
For self directed investors doing their due diligence on OLED or any other given stock, valuation analysis for OLED
can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis
as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.
That's why we bring you
HistoricalPERatio.com to make it easy for investors to investigate
Universal Display PE history or the past PE information for any stock in our coverage universe.
And in your continued research we hope you will be sure to check out the further links included for earnings
surprises history (beat/miss data) as well as next earnings dates for OLED. Thanks for visiting, and the next
time you need to research
OLED Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your
go-to historical PE ratio research resource of choice.