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Digimarc (Digimarc) Cyclically Adjusted PS Ratio : 11.34 (As of Jun. 05, 2024)


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What is Digimarc Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Digimarc's current share price is $29.2613. Digimarc's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.58. Digimarc's Cyclically Adjusted PS Ratio for today is 11.34.

The historical rank and industry rank for Digimarc's Cyclically Adjusted PS Ratio or its related term are showing as below:

DMRC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.97   Med: 8.04   Max: 16.31
Current: 10.9

During the past years, Digimarc's highest Cyclically Adjusted PS Ratio was 16.31. The lowest was 2.97. And the median was 8.04.

DMRC's Cyclically Adjusted PS Ratio is ranked worse than
91.98% of 1459 companies
in the Software industry
Industry Median: 1.82 vs DMRC: 10.90

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.

Digimarc's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.479. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $2.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digimarc Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Digimarc's Cyclically Adjusted PS 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.

Digimarc Cyclically Adjusted PS Ratio Chart

Digimarc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.67 13.06 11.49 6.15 13.78

Digimarc Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 6.76 10.56 11.97 13.78 10.54

Competitive Comparison of Digimarc's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Digimarc'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.


Digimarc's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Digimarc Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Digimarc's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.2613/2.58
=11.34

* 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.

Digimarc's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Digimarc'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)
=0.479/131.7762*131.7762
=0.479

Current CPI (Mar. 2024) = 131.7762.

Digimarc Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.796 100.560 1.043
201409 0.965 100.428 1.266
201412 0.786 99.070 1.045
201503 0.752 99.621 0.995
201506 0.722 100.684 0.945
201509 0.648 100.392 0.851
201512 0.591 99.792 0.780
201603 0.654 100.470 0.858
201606 0.635 101.688 0.823
201609 0.587 101.861 0.759
201612 0.512 101.863 0.662
201703 0.599 102.862 0.767
201706 0.544 103.349 0.694
201709 0.804 104.136 1.017
201712 0.439 104.011 0.556
201803 0.498 105.290 0.623
201806 0.480 106.317 0.595
201809 0.431 106.507 0.533
201812 0.457 105.998 0.568
201903 0.493 107.251 0.606
201906 0.530 108.070 0.646
201909 0.489 108.329 0.595
201912 0.444 108.420 0.540
202003 0.514 108.902 0.622
202006 0.537 108.767 0.651
202009 0.470 109.815 0.564
202012 0.364 109.897 0.436
202103 0.410 111.754 0.483
202106 0.382 114.631 0.439
202109 0.388 115.734 0.442
202112 0.430 117.630 0.482
202203 0.427 121.301 0.464
202206 0.396 125.017 0.417
202209 0.397 125.227 0.418
202212 0.362 125.222 0.381
202303 0.390 127.348 0.404
202306 0.433 128.729 0.443
202309 0.445 129.860 0.452
202312 0.446 129.419 0.454
202403 0.479 131.776 0.479

Add all the adjusted revenue per share together and divide 10 will get our 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.


Digimarc  (NAS:DMRC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Digimarc Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Digimarc's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Digimarc (Digimarc) Business Description

Industry
Traded in Other Exchanges
Address
8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp provides automatic identification solutions to commercial and government customers and license technology and patented inventions to solution providers. Its Digimarc Platform applies a unique identities to virtually all media objects including product packaging, commercial print, audio and video that can be automatically identified by an enabled ecosystem of industrial scanners, smartphones and other interfaces. The company generates revenue through commercial and government applications of its technology. The company derives its revenue primarily from software development services, subscriptions for products and related services, and licensing of patents.
Executives
Thomas Benton officer: EVP, Chief Revenue Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Lashonda Anderson-williams director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Andrew Walter director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Tony Rodriguez officer: Chief Technology Officer 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Ken Sickles officer: EVP, Chief Product Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kathleen Kool director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Vincent C Smith 10 percent owner 2560 EAST CHAPMAN AVENUE, #173, ORANGE CA 92869
Milena Alberti-perez director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Riley Mccormack director, 10 percent owner 2555 LAKE AVE, MIAMI BEACH FL 33140
Alicia Syrett director 2420 17TH STREET, SUITE 220, DENVER CO 80202
Ravi Kumar Singisetti director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sandeep Dadlani director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sheela Zemlin director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
James T Richardson director 01396 SW MILITARY ROAD, PORTLAND OR 97219
Bernard Whitney director