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InterDigital (InterDigital) Shiller PE Ratio : 23.56 (As of Apr. 25, 2024)


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What is InterDigital Shiller PE Ratio?

As of today (2024-04-25), InterDigital's current share price is $99.66. InterDigital's E10 for the quarter that ended in Dec. 2023 was $4.23. InterDigital's Shiller PE Ratio for today is 23.56.

The historical rank and industry rank for InterDigital's Shiller PE Ratio or its related term are showing as below:

IDCC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.35   Med: 19.04   Max: 32.39
Current: 23.57

During the past years, InterDigital's highest Shiller PE Ratio was 32.39. The lowest was 9.35. And the median was 19.04.

IDCC's Shiller PE Ratio is ranked better than
63.32% of 897 companies
in the Software industry
Industry Median: 30.36 vs IDCC: 23.57

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

InterDigital's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.23 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


InterDigital Shiller PE Ratio Historical Data

The historical data trend for InterDigital's Shiller PE Ratio 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.

* Premium members only.

InterDigital Shiller PE Ratio Chart

InterDigital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.46 17.06 19.13 14.23 25.66

InterDigital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio 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 14.23 18.54 23.99 19.34 25.66

Competitive Comparison of InterDigital's Shiller PE Ratio

For the Software - Application subindustry, InterDigital's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


InterDigital's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, InterDigital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where InterDigital's Shiller PE Ratio falls into.



InterDigital Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

InterDigital's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=99.66/4.23
=23.56

* 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.

InterDigital's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, InterDigital's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.41/129.4194*129.4194
=1.410

Current CPI (Dec. 2023) = 129.4194.

InterDigital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.050 99.695 -0.065
201406 1.930 100.560 2.484
201409 0.340 100.428 0.438
201412 0.390 99.070 0.509
201503 0.780 99.621 1.013
201506 0.890 100.684 1.144
201509 0.680 100.392 0.877
201512 0.920 99.792 1.193
201603 0.790 100.470 1.018
201606 1.140 101.688 1.451
201609 2.990 101.861 3.799
201612 3.850 101.863 4.892
201703 0.930 102.862 1.170
201706 1.460 103.349 1.828
201709 1.000 104.136 1.243
201712 1.480 104.011 1.842
201803 0.850 105.290 1.045
201806 0.310 106.317 0.377
201809 0.610 106.507 0.741
201812 0.050 105.998 0.061
201903 -0.090 107.251 -0.109
201906 0.240 108.070 0.287
201909 0.070 108.329 0.084
201912 0.440 108.420 0.525
202003 0.004 108.902 0.005
202006 0.720 108.767 0.857
202009 0.760 109.815 0.896
202012 -0.040 109.897 -0.047
202103 0.180 111.754 0.208
202106 0.050 114.631 0.056
202109 0.830 115.734 0.928
202112 0.700 117.630 0.770
202203 0.580 121.301 0.619
202206 0.690 125.017 0.714
202209 0.740 125.227 0.765
202212 1.080 125.222 1.116
202303 3.580 127.348 3.638
202306 0.790 128.729 0.794
202309 1.720 129.860 1.714
202312 1.410 129.419 1.410

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


InterDigital  (NAS:IDCC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


InterDigital Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of InterDigital's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


InterDigital (InterDigital) Business Description

Traded in Other Exchanges
Address
200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727
InterDigital Inc is a research and development company focused on wireless, visual, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, Out of which the majority is from the United States.
Executives
Joshua D. Schmidt officer: CLO & Corp Sec 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Rajesh Pankaj officer: Chief Technology Officer 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eeva K. Hakoranta officer: Chief Licensing Officer 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eric Cohen officer: Chief Strategy& Growth Officer 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Pierre-yves Lesaicherre director C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809
Markley John D. Jr. director COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Samir Armaly director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John A Kritzmacher director C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Jean F Rankin director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Richard Brezski officer: Chief Accounting Officer 781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Derek K Aberle director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Henry Tirri officer: Chief Technology Officer 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Stewart D Hutcheson director 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Joan H Gillman director C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Lawrence Liren Chen director, officer: President and CEO 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809