Universal Display (MEX:OLED) Cyclically Adjusted PS Ratio: 7.81 (As of Jul. 16, 2026) — 72% Below Median

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MEX:OLED Universal Display Corp MEX:OLED
82 GF Score
Price MXN3,346.91
GF Value MXN6,534.22
! 2 Warning Signs
View Full Analysis

What is Universal Display Cyclically Adjusted PS Ratio?

Universal Display MEX:OLED 82 Cyclically Adjusted PS Ratio is 7.81 as of Jul. 16, 2026, which is 72% below its 10-year median of 27.87. GuruFocus rates MEX:OLED with a GF Score™ of 82/100 and a GF Value™ of MXN6,534.22. The stock has 2 warning signs investors should review. Among 1,975 Hardware companies, Universal Display ranks worse than 84.91% on this metric.

As of today (2026-07-16), Universal Display's current share price is MXN3346.91. Universal Display's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN428.31. Universal Display's Cyclically Adjusted PS Ratio for today is 7.81.

The historical rank and industry rank for Universal Display's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:OLED' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.7   Med: 27.87   Max: 73.16
Current: 6.7

During the past years, Universal Display's highest Cyclically Adjusted PS Ratio was 73.16. The lowest was 6.70. And the median was 27.87.

MEX:OLED's Cyclically Adjusted PS Ratio is ranked worse than
84.91% of 1975 companies
in the Hardware industry
Industry Median: 1.44 vs MEX:OLED: 6.70

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Universal Display's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN54.325. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN428.31 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Display  (MEX:OLED) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Universal Display Cyclically Adjusted PS Ratio Related Terms


Universal Display Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Universal Display's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Universal Display Cyclically Adjusted PS Ratio Chart

Universal Display Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.18 13.41 20.96 14.33 10.33

Universal Display Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.16 14.20 12.90 10.33 7.81

MEX:OLED vs BELFB, OSIS, KN: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Universal Display's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Universal Display Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Universal Display's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Universal Display's Cyclically Adjusted PS Ratio falls into.


MEX:OLED
82GF Score
Universal Display Corp MEX:OLED
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Display Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Universal Display's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3346.91/428.31
=7.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Universal Display's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Universal Display's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=54.325/330.2130*330.2130
=54.325

Current CPI (Mar. 2026) = 330.2130.

Universal Display Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 25.314 241.018 34.682
201609 12.444 241.428 17.020
201612 34.094 241.432 46.631
201703 22.383 243.801 30.316
201706 39.586 244.955 53.364
201709 23.883 246.819 31.952
201712 48.582 246.524 65.074
201803 16.897 249.554 22.358
201806 23.524 251.989 30.826
201809 30.919 252.439 40.445
201812 29.362 251.233 38.593
201903 36.275 254.202 47.122
201906 48.298 256.143 62.265
201909 40.948 256.759 52.662
201912 40.795 256.974 52.422
202003 55.868 258.115 71.473
202006 28.322 257.797 36.278
202009 54.727 260.280 69.431
202012 59.513 260.474 75.447
202103 57.872 264.877 72.147
202106 54.501 271.696 66.239
202109 62.350 274.310 75.057
202112 63.300 278.802 74.972
202203 63.154 287.504 72.536
202206 57.890 296.311 64.513
202209 68.039 296.808 75.697
202212 69.369 296.797 77.179
202303 49.439 301.836 54.087
202306 52.768 305.109 57.110
202309 51.591 307.789 55.350
202312 56.384 306.746 60.698
202403 57.585 312.332 60.882
202406 60.969 314.175 64.081
202409 66.762 315.301 69.919
202412 70.990 315.605 74.276
202503 71.330 319.799 73.653
202506 67.850 322.561 69.460
202509 53.717 324.800 54.612
202512 65.428 324.054 66.672
202603 54.325 330.213 54.325

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 7.81 mean?
Universal Display (MEX:OLED) has a Cyclically Adjusted PS Ratio of 7.81 as of Jul. 16, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Universal Display and its competitors. This is 72% below median its historical median of 27.87. Over the past decade, Universal Display's Cyclically Adjusted PS Ratio has ranged from 6.70 to 73.16. According to the industry distribution chart, Universal Display ranks #1677 out of 1975 companies in the Hardware industry, placing it in the top 84.9%.
Is Universal Display's Cyclically Adjusted PS Ratio too high?
Universal Display's current Cyclically Adjusted PS Ratio of 7.81 is 72% below median its 10-year median of 27.87. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 73.16. The Hardware industry median Cyclically Adjusted PS Ratio is 1.44. Universal Display's value of 7.81 is 442.4% above this industry median. Based on the distribution chart, Universal Display ranks #1677 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Universal Display has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Universal Display's Cyclically Adjusted PS Ratio compare to BELFB and OSIS?
According to the Hardware industry distribution chart, Universal Display ranks #1677 out of 1975 companies for Cyclically Adjusted PS Ratio. This places Universal Display in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. Universal Display's value of 7.81 is 442.4% above this benchmark. Historically, Universal Display's own Cyclically Adjusted PS Ratio has ranged from 6.70 to 73.16 over the past decade. While the company's 10-year median is 27.87 vs. the industry median of 1.44, Universal Display has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.44, based on 1,975 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Universal Display's current Cyclically Adjusted PS Ratio of 7.81 is 442.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Universal Display and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Display's current Cyclically Adjusted PS Ratio is 7.81, which is 72% below median its own 10-year median of 27.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Display stock overvalued right now?
Universal Display (MEX:OLED) has a current Cyclically Adjusted PS Ratio of 7.81. The stock's GF Value™ is MXN6,534.22, compared to a current price of MXN3,346.91 — trading 48.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.81, which is 72% below median its 10-year median of 27.87 and 442.4% above the Hardware industry median of 1.44. Universal Display's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Universal Display (MEX:OLED), the current Cyclically Adjusted PS Ratio is 7.81 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Universal Display (MEX:OLED) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Display stock appears to be undervalued. The current stock price of MXN3,346.91 is trading 48.8% below its estimated GF Value™ of MXN6,534.22.

Key valuation signals for MEX:OLED:

  • Cyclically Adjusted PS Ratio: 7.81 (72% below median its 10-year median of 27.87)
  • GF Value™: MXN6,534.22 vs. price of MXN3,346.91 (48.8% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 442.4% above the Hardware median (#1677 of 1975)

No single metric tells the full story. See the MEX:OLED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Display Business Description

Address 250 Phillips Boulevard, Ewing, NJ, USA, 08618
Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. The Company has one reportable business segment being OLED technologies and materials. The large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.
82GF Score

Get the complete analysis for MEX:OLED

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,346.91
Price
MXN6,534.22
GF Value