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GuruFocus has detected 3 Warning Signs with InterDigital Inc $NAS:IDCC.
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InterDigital Inc (NAS:IDCC)
Price-to-Tangible-Book
6.40 (As of Today)

As of today, InterDigital Inc's share price is USD 81.25. InterDigital Inc's Tangible Book Value per Share of Mar. 2017 for the quarter that ended in Mar. 2017 was USD 12.70. Hence, InterDigital Inc's Price to Tangible Book Ratio of today is 6.40.

NAS:IDCC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.39   Max: 172.94
Current: 6.4

2.39
172.94

During the past 13 years, InterDigital Inc's highest Price to Tangible Book Ratio was 172.94. The lowest was 2.39. And the median was 8.88.

NAS:IDCC's Price-to-Tangible-Book is ranked lower than
75% of the 322 Companies
in the Global Telecom Services industry.

( Industry Median: 2.99 vs. NAS:IDCC: 6.40 )

A closely related ratio is called P/B Ratio. As of today, InterDigital Inc's share price is USD 81.25. InterDigital Inc's Book Value per Share for the quarter that ended in Mar. 2017 was USD 21.52. Hence, InterDigital Inc's P/B Ratio of today is 3.77.


Definition

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: Mar. 2017 )
=81.25/12.699
=6.40

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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)

A closely related ratio is called P/B Ratio. The difference between Price-to-Tangible-Book Ratio and P/B Ratio is that book value other than intangibles are used in the calculation.


Be Aware

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.


Related Terms

P/B Ratio, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

InterDigital Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
p2tangible_book 21.700.0022.828.425.954.943.699.637.467.34

InterDigital Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
p2tangible_book 9.638.609.108.657.468.928.018.297.346.80
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