This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Universal Display's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $12.105. Universal Display's 10-Year median PS Ratio is 14.4758. Therefore, the Median PS Value for today is $175.23.
As of today (2024-04-25), Universal Display's share price is $156.44. Universal Display's Median PS Value is $175.23. Therefore, Universal Display's Price to Median PS Value for today is 0.89.
The historical rank and industry rank for Universal Display's Median PS Value or its related term are showing as below:
OLED'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.21 Med: 0.91 Max: 1.45
Current: 0.89
During the past 13 years, the highest Price to Median PS Value of Universal Display was 1.45. The lowest was 0.21. And the median was 0.91.
OLED's Price-to-Median-PS-Value is ranked better than 65.39% of 1514
companies
in the Hardware industry
Industry Median: 1.11
vs OLED: 0.89
Universal Display Median PS Value Historical Data
The historical data trend for Universal Display's Median PS Value 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.
Competitive Comparison of Universal Display's Median PS Value
For the Electronic Components subindustry, Universal Display's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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's Price-to-Median-PS-Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Universal Display's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Universal Display's Price-to-Median-PS-Value falls into.
Universal Display Median PS Value Calculation
Universal Display's Median PS Value for today is calculated as
10-Year Median PS Ratio is 14.4758.
Universal Display's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.105.
* 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 (NAS:OLED) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Universal Display's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
156.44
/
175.23
=
0.89
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Universal Display's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Universal Display (Universal Display) Business Description
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 a light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A 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.
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