Universal Display (BSP:O2LE34) Graham Number: R$311.25 (As of Mar. 2026) — 7328% Above Median


BSP:O2LE34 Universal Display Corp BSP:O2LE34
57 GF Score
Price R$25.07
GF Value R$44.96
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Universal Display Graham Number?

Universal Display BSP:O2LE34 57 Graham Number is R$311.25 as of Mar. 2026, which is 100% below its 10-year median of 4.19. GuruFocus rates BSP:O2LE34 with a GF Score™ of 57/100 and a GF Value™ of R$44.96 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,618 Hardware companies, Universal Display ranks better than 63.54% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-06-24), the stock price of Universal Display is R$25.07. Universal Display's graham number for the quarter that ended in Mar. 2026 was R$311.25. Therefore, Universal Display's Price to Graham Number ratio for today is 0.08.

The historical rank and industry rank for Universal Display's Graham Number or its related term are showing as below:

BSP:O2LE34' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.47   Med: 4.19   Max: 7.2
Current: 1.47

During the past 13 years, the highest Price to Graham Number ratio of Universal Display was 7.20. The lowest was 1.47. And the median was 4.19.

BSP:O2LE34's Price-to-Graham-Number is ranked better than
63.54% of 1618 companies
in the Hardware industry
Industry Median: 2.11 vs BSP:O2LE34: 1.47

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Universal Display  (BSP:O2LE34) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Universal Display's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=25.07/311.25
=0.08

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Universal Display Graham Number Related Terms


Universal Display Graham Number Historical Data

* Premium members only.

The historical data trend for Universal Display's Graham Number 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 Graham Number Chart

Universal Display Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 244.61 263.02 254.03 353.36 348.25

Universal Display Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number 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 341.63 353.40 333.80 350.72 311.25

BSP:O2LE34 vs BELFB, OSIS, KN: Graham Number Comparison

For the Electronic Components subindustry, Universal Display's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Price-to-Graham-Number vs Hardware Industry

For the Hardware industry and Technology sector, Universal Display's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Universal Display's Price-to-Graham-Number falls into.


BSP:O2LE34
57GF Score
Universal Display Corp BSP:O2LE34
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Display Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Universal Display's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*194.48*27.715)
=348.25

Universal Display's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*177.105*24.311)
=311.25

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of R$311.25 mean?
Universal Display (BSP:O2LE34) has a Graham Number of R$311.25 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Universal Display and its competitors. This is 7328% above median its historical median of 4.19. Over the past decade, Universal Display's Graham Number has ranged from 1.47 to 7.20. According to the industry distribution chart, Universal Display ranks #590 out of 1618 companies in the Hardware industry, placing it in the top 36.5%.
Is Universal Display's Graham Number too high?
Universal Display's current Graham Number of R$311.25 is 7328% above median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 7.20. Based on the distribution chart, Universal Display ranks #590 out of 1618 companies in the Hardware industry, which is above the industry midpoint. Overall, Universal Display has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Universal Display's Graham Number compare to BELFB and OSIS?
According to the Hardware industry distribution chart, Universal Display ranks #590 out of 1618 companies for Graham Number. This puts Universal Display in the upper half of its industry. The industry median Graham Number is 2.11. Historically, Universal Display's own Graham Number has ranged from 1.47 to 7.20 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Hardware company?
The median Graham Number among Hardware companies is 2.11, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Universal Display and its competitors. For the Hardware industry, the median Graham Number is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Display's current Graham Number is R$311.25, which is 7328% above median its own 10-year median of 4.19. 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?
Based on GuruFocus' analysis, Universal Display (BSP:O2LE34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$44.96, compared to a current price of R$25.07 — trading 44.2% below its estimated fair value. The current Graham Number is R$311.25, which is 7328% above median its 10-year median of 4.19. Universal Display's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Universal Display (BSP:O2LE34), the current Graham Number is R$311.25 as of Mar. 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 (BSP:O2LE34) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Display stock appears to be undervalued. The current stock price of R$25.07 is trading 44.2% below its estimated GF Value™ of R$44.96. GuruFocus considers Universal Display to be Significantly Undervalued.

Key valuation signals for BSP:O2LE34:

  • Graham Number: R$311.25 (7328% above median its 10-year median of 4.19)
  • GF Value™: R$44.96 vs. price of R$25.07 (44.2% below fair value)
  • GF Score™: 57/100 with 2 warning signs

No single metric tells the full story. See the BSP:O2LE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Universal Display Business Description

Other Exchanges OLED:USA0LJE:UKUVD:Germany
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.
57GF Score

Get the complete analysis for BSP:O2LE34

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$25.07
Price
R$44.96
GF Value