Emerging Display Technologies (TPE:3038) PE Ratio (TTM): 18.68 (As of Jul. 18, 2026) — 54% Above Median

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TPE:3038 Emerging Display Technologies Corp TPE:3038
78 GF Score
Price NT$20.55
GF Value NT$18.95
Valuation Fairly Valued
! 7 Warning Signs
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What is Emerging Display Technologies PE Ratio (TTM)?

Emerging Display Technologies TPE:3038 -2.61% 78 PE Ratio (TTM) is 18.68 as of Jul. 18, 2026, which is 54% above its 10-year median of 12.14. GuruFocus rates TPE:3038 with a GF Score™ of 78/100 and a GF Value™ of NT$18.95 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,639 Hardware companies, Emerging Display Technologies ranks better than 66.2% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-18), Emerging Display Technologies's share price is NT$20.55. Emerging Display Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.10. Therefore, Emerging Display Technologies's PE Ratio (TTM) for today is 18.68.

Warning Sign:

Emerging Display Technologies Corp stock PE Ratio (=19.86) is close to 5-year high of 22.


The historical rank and industry rank for Emerging Display Technologies's PE Ratio (TTM) or its related term are showing as below:

TPE:3038' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 7.15   Med: 12.14   Max: 31.36
Current: 18.67


During the past 13 years, the highest PE Ratio (TTM) of Emerging Display Technologies was 31.36. The lowest was 7.15. And the median was 12.14.


TPE:3038's PE Ratio (TTM) is ranked better than
66.2% of 1639 companies
in the Hardware industry
Industry Median: 29.98 vs TPE:3038: 18.67

Emerging Display Technologies's Earnings per Share (Diluted) for the three months ended in Dec. 2025 was NT$0.28. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.10.

As of today (2026-07-18), Emerging Display Technologies's share price is NT$20.55. Emerging Display Technologies's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.07. Therefore, Emerging Display Technologies's PE Ratio without NRI for today is 19.13.

During the past 13 years, Emerging Display Technologies's highest PE Ratio without NRI was 31.36. The lowest was 7.14. And the median was 12.09.

Emerging Display Technologies's EPS without NRI for the three months ended in Dec. 2025 was NT$0.28. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.07.

During the past 12 months, Emerging Display Technologies's average EPS without NRI Growth Rate was -51.70% per year. During the past 3 years, the average EPS without NRI Growth Rate was -27.50% per year. During the past 5 years, the average EPS without NRI Growth Rate was -2.80% per year. During the past 10 years, the average EPS without NRI Growth Rate was 10.90% per year.

During the past 13 years, Emerging Display Technologies's highest 3-Year average EPS without NRI Growth Rate was 69.00% per year. The lowest was -27.50% per year. And the median was 18.40% per year.

Emerging Display Technologies's EPS (Basic) for the three months ended in Dec. 2025 was NT$0.28. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1.11.


Emerging Display Technologies  (TPE:3038) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Emerging Display Technologies PE Ratio (TTM) Related Terms


Emerging Display Technologies PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Emerging Display Technologies's PE Ratio (TTM) 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.

Emerging Display Technologies PE Ratio (TTM) Chart

Emerging Display Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.23 7.25 10.82 13.04 21.23

Emerging Display Technologies Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
PE Ratio (TTM) 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 13.04 12.81 19.87 18.72 21.23

TPE:3038 vs APH, GLW: PE Ratio (TTM) Comparison

For the Electronic Components subindustry, Emerging Display Technologies's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Emerging Display Technologies PE Ratio (TTM) vs Hardware Industry

For the Hardware industry and Technology sector, Emerging Display Technologies's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Emerging Display Technologies's PE Ratio (TTM) falls into.


TPE:3038
78GF Score
Emerging Display Technologies Corp TPE:3038
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerging Display Technologies PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Emerging Display Technologies's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=20.55/1.100
=18.68

Emerging Display Technologies's Share Price of today is NT$20.55.
Emerging Display Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1.10.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 18.68 mean?
Emerging Display Technologies (TPE:3038) has a PE Ratio (TTM) of 18.68 as of Jul. 18, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Emerging Display Technologies and its competitors. This is 54% above median its historical median of 12.14. Over the past decade, Emerging Display Technologies' PE Ratio (TTM) has ranged from 7.15 to 31.36. According to the industry distribution chart, Emerging Display Technologies ranks #554 out of 1639 companies in the Hardware industry, placing it in the top 33.8%.
Is Emerging Display Technologies' PE Ratio (TTM) too high?
Emerging Display Technologies' current PE Ratio (TTM) of 18.68 is 54% above median its 10-year median of 12.14. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 31.36. The Hardware industry median PE Ratio (TTM) is 29.98. Emerging Display Technologies' value of 18.68 is 37.7% below this industry median. Based on the distribution chart, Emerging Display Technologies ranks #554 out of 1639 companies in the Hardware industry, which is above the industry midpoint. Overall, Emerging Display Technologies has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emerging Display Technologies' PE Ratio (TTM) compare to APH and GLW?
According to the Hardware industry distribution chart, Emerging Display Technologies ranks #554 out of 1639 companies for PE Ratio (TTM). This puts Emerging Display Technologies in the upper half of its industry. The industry median PE Ratio (TTM) is 29.98. Emerging Display Technologies' value of 18.68 is 37.7% below this benchmark. Historically, Emerging Display Technologies' own PE Ratio (TTM) has ranged from 7.15 to 31.36 over the past decade. While the company's 10-year median is 12.14 vs. the industry median of 29.98, Emerging Display Technologies has consistently been below 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 PE Ratio (TTM) for a Hardware company?
The median PE Ratio (TTM) among Hardware companies is 29.98, based on 1,639 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emerging Display Technologies's current PE Ratio (TTM) of 18.68 is 37.7% below 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Emerging Display Technologies and its competitors. For the Hardware industry, the median PE Ratio (TTM) is 29.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerging Display Technologies's current PE Ratio (TTM) is 18.68, which is 54% above median its own 10-year median of 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerging Display Technologies stock overvalued right now?
Based on GuruFocus' analysis, Emerging Display Technologies (TPE:3038) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.95, compared to a current price of NT$20.55 — trading 8.4% above its estimated fair value. The current PE Ratio (TTM) is 18.68, which is 54% above median its 10-year median of 12.14 and 37.7% below the Hardware industry median of 29.98. Emerging Display Technologies' overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Emerging Display Technologies (TPE:3038), the current PE Ratio (TTM) is 18.68 as of Jul. 18, 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 Emerging Display Technologies (TPE:3038) Overvalued in 2026?

Based on GuruFocus' analysis, Emerging Display Technologies stock appears to be overvalued. The current stock price of NT$20.55 is trading 8.4% above its estimated GF Value™ of NT$18.95. GuruFocus considers Emerging Display Technologies to be Fairly Valued.

Key valuation signals for TPE:3038:

  • PE Ratio (TTM): 18.68 (54% above median its 10-year median of 12.14)
  • GF Value™: NT$18.95 vs. price of NT$20.55 (8.4% above fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 37.7% below the Hardware median (#554 of 1639)

No single metric tells the full story. See the TPE:3038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emerging Display Technologies Business Description

Address No. 5, Central 1st Road, Qianzhen District, Kaohsiung, TWN
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.
78GF Score

Get the complete analysis for TPE:3038

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$20.55
Price
NT$18.95
GF Value