Universal Display Corporation
OLED
#1691
Rank
โ‚ฌ9.02 B
Marketcap
190,27ย โ‚ฌ
Share price
3.16%
Change (1 day)
25.97%
Change (1 year)
Universal Display Corporation or simply UDC is an American company that develops organic light-emitting diodes (OLEDs).

P/E ratio for Universal Display Corporation (OLED)

P/E ratio as of September 2024 (TTM): 48.4

According to Universal Display Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.3601. At the end of 2022 the company had a P/E ratio of 24.5.

P/E ratio history for Universal Display Corporation from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.5-42.55%
202142.6-48.04%
202082.116.29%
201970.6-6.48%
201875.5-4.28%
201778.842.83%
201655.2-67.56%
2015170457.89%
201430.543.78%
201321.2-82.61%
2012122-93.35%
2011> 1000-3272.22%
2010-57.8162.01%
2009-22.126.12%
2008-17.5-59.36%
2007-43.140.58%
2006-30.663.22%
2005-18.825.12%
2004-15.0-10.35%
2003-16.7260.51%
2002-4.64-43.39%
2001-8.20

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-43.3-189.61%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
8.58-82.25%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.7538-101.56%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
-2.95-106.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.02-108.31%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.