IDCC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
IDCC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-04-26), InterDigital's current share price is $99.91. InterDigital's E10 for the quarter that ended in Dec. 2023 was $4.23. InterDigital's Shiller PE Ratio for today is 23.62.
The historical rank and industry rank for InterDigital's Shiller PE Ratio or its related term are showing as below:
During the past years, InterDigital's highest Shiller PE Ratio was 32.39. The lowest was 9.35. And the median was 19.04.
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.
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.
InterDigital Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Shiller PE Ratio | Get a 7-Day Free Trial | 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 | 14.23 | 18.54 | 23.99 | 19.34 | 25.66 |
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.
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.
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 |
= | 99.91 | / | 4.23 | |
= | 23.62 |
* 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.
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.
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 |
From GuruFocus
By sperokesalga sperokesalga • 05-15-2023
By Marketwired • 06-22-2023
By sperokesalga sperokesalga • 06-08-2023
By sperokesalga sperokesalga • 04-19-2023
By Marketwired • 10-17-2023
By Marketwired • 06-27-2023
By GuruFocus Research • 11-15-2023
By sperokesalga sperokesalga • 05-08-2023
By GlobeNewswire GlobeNewswire • 04-20-2023
By sperokesalga sperokesalga • 04-24-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.