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IDCC (InterDigital) Cyclically Adjusted Book per Share : $28.11 (As of Mar. 2025)


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What is InterDigital Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

InterDigital's adjusted book value per share for the three months ended in Mar. 2025 was $36.067. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $28.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, InterDigital's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of InterDigital was 25.70% per year. The lowest was 5.90% per year. And the median was 13.80% per year.

As of today (2025-05-19), InterDigital's current stock price is $217.355. InterDigital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $28.11. InterDigital's Cyclically Adjusted PB Ratio of today is 7.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of InterDigital was 10.30. The lowest was 1.69. And the median was 4.33.


InterDigital Cyclically Adjusted Book per Share Historical Data

The historical data trend for InterDigital's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

InterDigital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.18 21.76 24.09 25.49 27.30

InterDigital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 26.14 26.50 26.86 27.30 28.11

Competitive Comparison of InterDigital's Cyclically Adjusted Book per Share

For the Software - Application subindustry, InterDigital's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, InterDigital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where InterDigital's Cyclically Adjusted PB Ratio falls into.


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InterDigital Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, InterDigital's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=36.067/134.9266*134.9266
=36.067

Current CPI (Mar. 2025) = 134.9266.

InterDigital Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.483 100.684 18.069
201509 13.678 100.392 18.383
201512 14.416 99.792 19.491
201603 14.272 100.470 19.167
201606 14.953 101.688 19.841
201609 17.698 101.861 23.443
201612 21.567 101.863 28.567
201703 21.525 102.862 28.235
201706 22.845 103.349 29.825
201709 23.627 104.136 30.613
201712 24.703 104.011 32.046
201803 29.328 105.290 37.583
201806 29.317 106.317 37.206
201809 29.051 106.507 36.803
201812 27.938 105.998 35.563
201903 25.353 107.251 31.895
201906 25.345 108.070 31.644
201909 25.121 108.329 31.289
201912 24.806 108.420 30.871
202003 24.477 108.902 30.326
202006 24.978 108.767 30.985
202009 25.426 109.815 31.240
202012 25.096 109.897 30.812
202103 23.111 111.754 27.903
202106 22.832 114.631 26.874
202109 23.600 115.734 27.514
202112 24.284 117.630 27.855
202203 24.430 121.301 27.174
202206 22.887 125.017 24.701
202209 23.456 125.227 25.273
202212 24.434 125.222 26.328
202303 22.888 127.348 24.250
202306 22.403 128.729 23.482
202309 22.461 129.860 23.337
202312 22.735 129.419 23.702
202403 24.546 131.776 25.133
202406 27.728 132.554 28.224
202409 28.624 133.029 29.032
202412 33.378 133.157 33.822
202503 36.067 134.927 36.067

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


InterDigital  (NAS:IDCC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

InterDigital's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=217.355/28.11
=7.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of InterDigital was 10.30. The lowest was 1.69. And the median was 4.33.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


InterDigital Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of InterDigital's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


InterDigital Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » InterDigital Inc (NAS:IDCC) » Definitions » Cyclically Adjusted Book per Share
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, video, Artificial Intelligence, 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 China.
Executives
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
Joshua D. Schmidt officer: CLO & Corp Sec 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
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
Lawrence Liren Chen director, officer: President and CEO 200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Stewart D Hutcheson director 5887 COPLEY DRIVE, SAN DIEGO CA 92111
John A Kritzmacher director C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Derek K Aberle director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
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
Pierre-yves Lesaicherre director C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809
Eric Cohen officer: Chief Strategy& Growth Officer 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Henry Tirri officer: Chief Technology Officer 400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Joan H Gillman director C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130