Universal Ptb Ratio from 2010 to 2024

OLED Stock  USD 164.52  3.35  2.08%   
Universal Display's PTB Ratio is increasing over the years with slightly volatile fluctuation. PTB Ratio is expected to dwindle to 4.29. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on Universal Display's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
6.28530879
Current Value
4.29
Quarterly Volatility
19.56182479
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Display financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Display's main balance sheet or income statement drivers, such as Interest Expense of 9.4 M, Total Revenue of 605.3 M or Gross Profit of 463.1 M, as well as many indicators such as Price To Sales Ratio of 14.99, Dividend Yield of 0.0077 or PTB Ratio of 4.29. Universal financial statements analysis is a perfect complement when working with Universal Display Valuation or Volatility modules.
  
Check out the analysis of Universal Display Correlation against competitors.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.

Latest Universal Display's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of Universal Display over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. Universal Display's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Display's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Slightly volatile
   Ptb Ratio   
       Timeline  

Universal Ptb Ratio Regression Statistics

Arithmetic Mean1.38
Coefficient Of Variation1,418
Mean Deviation9.30
Median4.94
Standard Deviation19.56
Sample Variance382.66
Range80.6405
R-Value0.47
Mean Square Error320.73
R-Squared0.22
Significance0.08
Slope2.06
Total Sum of Squares5,357

Universal Ptb Ratio History

2024 4.29
2023 6.29
2022 4.01
2021 7.1
2020 11.88
2019 11.93
2018 6.35

About Universal Display Financial Statements

Universal Display stakeholders use historical fundamental indicators, such as Universal Display's Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Universal Display investors may analyze each financial statement separately, they are all interrelated. For example, changes in Universal Display's assets and liabilities are reflected in the revenues and expenses on Universal Display's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Universal Display. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 6.29  4.29 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Universal Display is a strong investment it is important to analyze Universal Display's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Display's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out the analysis of Universal Display Correlation against competitors.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Display. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Display listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.299
Dividend Share
1.55
Earnings Share
4.98
Revenue Per Share
13.536
Quarterly Revenue Growth
0.146
The market value of Universal Display is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Display's value that differs from its market value or its book value, called intrinsic value, which is Universal Display's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Display's market value can be influenced by many factors that don't directly affect Universal Display's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Display's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Display is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Display's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.