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InterDigital (LTS:0U3Q) Cyclically Adjusted Revenue per Share : $16.94 (As of Mar. 2024)


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What is InterDigital Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

InterDigital's adjusted revenue per share for the three months ended in Mar. 2024 was $9.299. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $16.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, InterDigital's average Cyclically Adjusted Revenue Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of InterDigital was 22.30% per year. The lowest was -3.50% per year. And the median was 10.90% per year.

As of today (2024-05-23), InterDigital's current stock price is $110.32. InterDigital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $16.94. InterDigital's Cyclically Adjusted PS Ratio of today is 6.51.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of InterDigital was 9.79. The lowest was 2.79. And the median was 5.53.


InterDigital Cyclically Adjusted Revenue per Share Historical Data

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

InterDigital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.56 12.92 14.16 14.68 15.87

InterDigital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue 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 15.28 15.71 15.73 15.87 16.94

Competitive Comparison of InterDigital's Cyclically Adjusted Revenue per Share

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

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

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



InterDigital Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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 Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.299/131.7762*131.7762
=9.299

Current CPI (Mar. 2024) = 131.7762.

InterDigital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.758 100.560 6.235
201409 1.931 100.428 2.534
201412 2.275 99.070 3.026
201503 2.957 99.621 3.911
201506 3.253 100.684 4.258
201509 2.773 100.392 3.640
201512 3.124 99.792 4.125
201603 3.046 100.470 3.995
201606 2.172 101.688 2.815
201609 5.960 101.861 7.710
201612 7.718 101.863 9.985
201703 2.610 102.862 3.344
201706 3.782 103.349 4.822
201709 2.750 104.136 3.480
201712 5.780 104.011 7.323
201803 2.456 105.290 3.074
201806 1.952 106.317 2.419
201809 2.109 106.507 2.609
201812 2.191 105.998 2.724
201903 2.105 107.251 2.586
201906 2.379 108.070 2.901
201909 2.316 108.329 2.817
201912 3.284 108.420 3.991
202003 2.465 108.902 2.983
202006 3.366 108.767 4.078
202009 2.812 109.815 3.374
202012 2.915 109.897 3.495
202103 2.640 111.754 3.113
202106 2.813 114.631 3.234
202109 4.565 115.734 5.198
202112 3.584 117.630 4.015
202203 3.240 121.301 3.520
202206 4.059 125.017 4.278
202209 3.833 125.227 4.033
202212 3.898 125.222 4.102
202303 6.890 127.348 7.130
202306 3.674 128.729 3.761
202309 5.038 129.860 5.112
202312 3.820 129.419 3.890
202403 9.299 131.776 9.299

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


InterDigital  (LTS:0U3Q) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=110.32/16.94
=6.51

* 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 PS Ratio of InterDigital was 9.79. The lowest was 2.79. And the median was 5.53.


Be Aware

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


InterDigital Cyclically Adjusted Revenue per Share Related Terms

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


InterDigital (LTS:0U3Q) Business Description

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200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727
InterDigital Inc is a research and development company focused on wireless, visual, 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 the United States.

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