As of today (2024-04-24), Universal Display's share price is $156.44. Universal Display's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $28.17. Hence, Universal Display's Price to Tangible Book Ratio of today is 5.55.
The historical rank and industry rank for Universal Display's Price-to-Tangible-Book or its related term are showing as below:
OLED'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.47 Med: 7.68 Max: 16.36
Current: 5.55
During the past 13 years, Universal Display's highest Price to Tangible Book Ratio was 16.36. The lowest was 3.47. And the median was 7.68.
OLED's Price-to-Tangible-Book is ranked worse than 87.02% of 2304
companies
in the Hardware industry
Industry Median: 1.99
vs OLED: 5.55
A closely related ratio is called PB Ratio. As of today, Universal Display's share price is $156.44. Universal Display's Book Value per Sharefor the quarter that ended in Dec. 2023 was $30.55. Hence, Universal Display's P/B Ratio of today is 5.12.
Universal Display Price-to-Tangible-Book Historical Data
The historical data trend for Universal Display's Price-to-Tangible-Book 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 Price-to-Tangible-Book
For the Electronic Components subindustry, Universal Display's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Universal Display's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Universal Display's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Universal Display Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Universal Display's Price-to-Tangible-Book 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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