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InterDigital (FRA:IDI) Shiller PE Ratio : 23.56 (As of May. 11, 2024)


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What is InterDigital Shiller PE Ratio?

As of today (2024-05-11), InterDigital's current share price is €98.50. InterDigital's E10 for the quarter that ended in Mar. 2024 was €4.18. InterDigital's Shiller PE Ratio for today is 23.56.

The historical rank and industry rank for InterDigital's Shiller PE Ratio or its related term are showing as below:

FRA:IDI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.35   Med: 19.04   Max: 32.39
Current: 23.55

During the past years, InterDigital's highest Shiller PE Ratio was 32.39. The lowest was 9.35. And the median was 19.04.

FRA:IDI's Shiller PE Ratio is ranked better than
63.54% of 916 companies
in the Software industry
Industry Median: 30.885 vs FRA:IDI: 23.55

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 Mar. 2024 was €2.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


InterDigital Shiller PE Ratio Historical Data

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.

* Premium members only.

InterDigital Shiller PE Ratio Chart

InterDigital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.46 17.06 19.13 14.23 25.66

InterDigital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 18.54 23.99 19.34 25.66 23.53

Competitive Comparison of InterDigital's Shiller PE Ratio

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.


InterDigital's Shiller PE Ratio Distribution in the Software Industry

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.



InterDigital Shiller PE Ratio Calculation

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
=98.50/4.18
=23.56

* 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 Mar. 2024 is calculated as:

For example, InterDigital's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.65/129.4194*129.4194
=2.650

Current CPI (Mar. 2024) = 129.4194.

InterDigital Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 1.420 100.560 1.828
201409 0.264 100.428 0.340
201412 0.316 99.070 0.413
201503 0.721 99.621 0.937
201506 0.793 100.684 1.019
201509 0.606 100.392 0.781
201512 0.845 99.792 1.096
201603 0.709 100.470 0.913
201606 1.015 101.688 1.292
201609 2.664 101.861 3.385
201612 3.650 101.863 4.637
201703 0.870 102.862 1.095
201706 1.299 103.349 1.627
201709 0.839 104.136 1.043
201712 1.251 104.011 1.557
201803 0.689 105.290 0.847
201806 0.265 106.317 0.323
201809 0.523 106.507 0.636
201812 0.044 105.998 0.054
201903 -0.080 107.251 -0.097
201906 0.212 108.070 0.254
201909 0.064 108.329 0.076
201912 0.396 108.420 0.473
202003 0.003 108.902 0.004
202006 0.639 108.767 0.760
202009 0.645 109.815 0.760
202012 -0.033 109.897 -0.039
202103 0.151 111.754 0.175
202106 0.042 114.631 0.047
202109 0.706 115.734 0.789
202112 0.620 117.630 0.682
202203 0.527 121.301 0.562
202206 0.653 125.017 0.676
202209 0.747 125.227 0.772
202212 1.020 125.222 1.054
202303 3.344 127.348 3.398
202306 0.729 128.729 0.733
202309 1.612 129.860 1.607
202312 1.293 129.419 1.293
202403 2.650 129.419 2.650

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  (FRA:IDI) 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.


InterDigital Shiller PE Ratio Related Terms

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.


InterDigital (FRA:IDI) Business Description

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, 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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