InterDigital (MIL:1IDCC) Cyclically Adjusted PB Ratio: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1IDCC InterDigital Inc MIL:1IDCC
52 GF Score
Price €247.60
GF Value €118.42
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is InterDigital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


InterDigital  (MIL:1IDCC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


InterDigital Cyclically Adjusted PB Ratio Related Terms


InterDigital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for InterDigital's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

InterDigital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 2.05 4.26 7.10 10.52

InterDigital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB 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 7.74 11.60 10.52 9.61 0.00

MIL:1IDCC vs PCTY, TTAN, PAYC: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MIL:1IDCC
52GF Score
InterDigital Inc MIL:1IDCC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

InterDigital Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

InterDigital's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, InterDigital's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.458/333.9520*333.9520
=30.458

Current CPI (Jun. 2026) = 333.9520.

InterDigital Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.769 241.428 21.812
201612 20.446 241.432 28.281
201703 20.126 243.801 27.568
201706 20.332 244.955 27.719
201709 19.823 246.819 26.821
201712 20.874 246.524 28.277
201803 23.785 249.554 31.829
201806 25.095 251.989 33.258
201809 24.897 252.439 32.936
201812 24.557 251.233 32.642
201903 22.437 254.202 29.476
201906 22.431 256.143 29.245
201909 22.810 256.759 29.668
201912 22.325 256.974 29.013
202003 22.152 258.115 28.660
202006 22.180 257.797 28.732
202009 21.587 260.280 27.697
202012 20.629 260.474 26.448
202103 19.413 264.877 24.476
202106 18.951 271.696 23.293
202109 20.060 274.310 24.422
202112 21.491 278.802 25.742
202203 22.182 287.504 25.766
202206 21.651 296.311 24.401
202209 23.691 296.808 26.656
202212 23.065 296.797 25.952
202303 21.377 301.836 23.652
202306 20.678 305.109 22.633
202309 21.046 307.789 22.835
202312 20.848 306.746 22.697
202403 22.582 312.332 24.145
202406 25.759 314.175 27.381
202409 25.791 315.301 27.317
202412 31.876 315.605 33.729
202503 33.362 319.799 34.838
202506 36.424 322.561 37.710
202509 36.349 324.800 37.373
202512 36.611 324.054 37.729
202603 36.912 330.213 37.330
202606 30.458 333.952 30.458

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

Is InterDigital (MIL:1IDCC) Overvalued in 2026?

Based on GuruFocus' analysis, InterDigital stock appears to be overvalued. The current stock price of €247.60 is trading 109.1% above its estimated GF Value™ of €118.42. GuruFocus considers InterDigital to be Significantly Overvalued.

Key valuation signals for MIL:1IDCC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €118.42 vs. price of €247.60 (109.1% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the MIL:1IDCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


InterDigital Business Description

Other Exchanges IDCC:USAIDI:Germany
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, with the majority is from China.
52GF Score

Get the complete analysis for MIL:1IDCC

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€247.60
Price
€118.42
GF Value