As of Dec 6, 2024, the InterDigital stock's PE ratio is 18.82. This results from the current EPS of $10.46 and stock price of $196.83. The P/E ratio marks an increase of 44% from the past four quarters average of 13.1.
The PE ratio of InterDigital has averaged 31.22 over the last ten years. The current PE ratio of 18.82 is 40% below the historical average. Over the past ten years, IDCC's PE ratio was at its highest in the Sep 2019 quarter at 169.26, when the stock price was $52.47 and the EPS was $0.31. The lowest value was in the Jun 2017 quarter, when it reached 8.14 with a price of $77.3 and an EPS of $9.5.
Maximum annual increase: 134.96% in 2018
Maximum annual decrease: -60.02% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 13.62 | -14.39% |
2022 | 15.91 | -60.02% |
2021 | 39.79 | -4.26% |
2020 | 41.56 | -49.66% |
2019 | 82.56 | 134.88% |
2018 | 35.15 | 134.96% |
2017 | 14.96 | 46.52% |
2016 | 10.21 | -31.11% |
2015 | 14.82 | -25.75% |
2014 | 19.96 | -37.05% |
Currently, IDCC's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
Compared to its peer stocks AAPL and ALTR, IDCC's PE ratio stands lower.
Stock name | PE ratio | Market cap |
---|---|---|
IDCC InterDigital Inc | 18.82 | $4.99B |
AAPL Apple Inc | 39.74 | $3.67T |
ALTR Altair Engineering Inc | 258.95 | $9.03B |
INTC Intel Corp | N/A | $90.23B |
QUIK QUICKLOGIC Corp | N/A | $110.3M |
IDCC's price to earnings ratio is 18.82 as of Dec 6, 2024.
Over the last 3 years, the average price to earnings ratio for IDCC stock is 17.6.
Over the last 5 years, the average price to earnings ratio for IDCC stock is 32.56.
In the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 169.26.
IDCC's price to earnings ratio is currently 40% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Dec 6, 2024), InterDigital's stock price is $196.83. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $10.46. Therefore, InterDigital's P/E ratio for today is 18.82. PE RATIO(18.82) = STOCK PRICE($196.83) / TTM EPS($10.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.