InterDigital Price To Book Ratio from 2010 to 2024

IDCC Stock  USD 194.93  0.41  0.21%   
InterDigital's Price To Book Ratio is decreasing over the years with slightly volatile fluctuation. Price To Book Ratio is expected to dwindle to 4.76. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
5.0131363
Current Value
4.76
Quarterly Volatility
4.1063332
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check InterDigital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InterDigital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 81.7 M, Interest Expense of 47.1 M or Total Revenue of 577.1 M, as well as many indicators such as Price To Sales Ratio of 5.04, Dividend Yield of 0.0082 or PTB Ratio of 4.76. InterDigital financial statements analysis is a perfect complement when working with InterDigital Valuation or Volatility modules.
  
Check out the analysis of InterDigital Correlation against competitors.
For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.

Latest InterDigital's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of InterDigital over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. InterDigital's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in InterDigital's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

InterDigital Price To Book Ratio Regression Statistics

Arithmetic Mean4.39
Geometric Mean3.62
Coefficient Of Variation93.47
Mean Deviation2.06
Median3.41
Standard Deviation4.11
Sample Variance16.86
Range16.7545
R-Value(0.42)
Mean Square Error14.96
R-Squared0.18
Significance0.12
Slope(0.39)
Total Sum of Squares236.07

InterDigital Price To Book Ratio History

2024 4.76
2023 5.01
2022 2.05
2021 2.96
2020 2.41
2019 2.26
2018 2.47

About InterDigital Financial Statements

InterDigital stakeholders use historical fundamental indicators, such as InterDigital's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although InterDigital investors may analyze each financial statement separately, they are all interrelated. For example, changes in InterDigital's assets and liabilities are reflected in the revenues and expenses on InterDigital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in InterDigital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 5.01  4.76 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether InterDigital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InterDigital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Interdigital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Interdigital Stock:
Check out the analysis of InterDigital Correlation against competitors.
For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of InterDigital. If investors know InterDigital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about InterDigital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
1.65
Earnings Share
9.28
Revenue Per Share
28.417
Quarterly Revenue Growth
(0.08)
The market value of InterDigital is measured differently than its book value, which is the value of InterDigital that is recorded on the company's balance sheet. Investors also form their own opinion of InterDigital's value that differs from its market value or its book value, called intrinsic value, which is InterDigital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because InterDigital's market value can be influenced by many factors that don't directly affect InterDigital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between InterDigital's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterDigital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterDigital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.