P/E ratio for InterDigital (IDCC)
P/E ratio as of April 2024 (TTM): 13.6
According to InterDigital 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6463. At the end of 2022 the company had a P/E ratio of 15.9.
P/E ratio history for InterDigital from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.9 | -60.37% |
| 2021 | 40.0 | -4.13% |
| 2020 | 41.7 | -48.68% |
| 2019 | 81.3 | 185.26% |
| 2018 | 28.5 | 88.32% |
| 2017 | 15.1 | 48.99% |
| 2016 | 10.2 | -31.42% |
| 2015 | 14.8 | -26.06% |
| 2014 | 20.0 | -37.49% |
| 2013 | 32.1 | 403.17% |
| 2012 | 6.37 | -71.05% |
| 2011 | 22.0 | 83.38% |
| 2010 | 12.0 | -8.73% |
| 2009 | 13.1 | -71.79% |
| 2008 | 46.6 | -20.09% |
| 2007 | 58.3 | 628.41% |
| 2006 | 8.01 | -56.29% |
| 2005 | 18.3 | -99.17% |
| 2004 | > 1000 | 6658.74% |
| 2003 | 32.7 | -93.26% |
| 2002 | 485 | -1901.24% |
| 2001 | -26.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 26.2 | 92.05% | 🇺🇸 USA |
 Intel INTC | -79.6 | -683.08% | 🇺🇸 USA |
 Xilinx XLNX | N/A | N/A | 🇺🇸 USA |
 Quicklogic QUIK | -31.1 | -327.81% | 🇺🇸 USA |
 Ericsson ERIC | -8.07 | -159.12% | 🇸🇪 Sweden |
 Altair Engineering
ALTR | -147 | -1,174.13% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.