NAS:IDCC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today, InterDigital Inc's share price is $89.90. InterDigital Inc's Tangible Book Value per Share of Dec. 2016 for the quarter that ended in Dec. 2016 was $12.44. Hence, InterDigital Inc's Price to Tangible Book Ratio of today is 7.23.
During the past 13 years, InterDigital Inc's highest Price to Tangible Book Ratio was 44.87. The lowest was 3.35. And the median was 8.52.
A closely related ratio is called P/B Ratio. As of today, InterDigital Inc's share price is $89.90. InterDigital Inc's Book Value per Share for the quarter that ended in Dec. 2016 was $21.57. Hence, InterDigital Inc's P/B Ratio of today is 4.17.
InterDigital Inc's price-to-tangible-book ratio for today is calculated as:
|Price to Tangible Book||=||Share Price||/||Tangible Book Value per Share (Q: Dec. 2016 )|
It can also be calculated from the numbers for the whole company:
|Price to Tangible Book||=||Market Cap||/||Tangible Equity|
|=||Market Cap||/||(Total Equity||-||Preferred Stock||-||Intangibles)|
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.
InterDigital Inc Annual Data
InterDigital Inc Quarterly Data