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DMRC (Digimarc) Cyclically Adjusted PB Ratio : 2.36 (As of Jul. 04, 2025)


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What is Digimarc Cyclically Adjusted PB Ratio?

As of today (2025-07-04), Digimarc's current share price is $13.70. Digimarc's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $5.81. Digimarc's Cyclically Adjusted PB Ratio for today is 2.36.

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

DMRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 4.43   Max: 9.28
Current: 2.36

During the past years, Digimarc's highest Cyclically Adjusted PB Ratio was 9.28. The lowest was 1.70. And the median was 4.43.

DMRC's Cyclically Adjusted PB Ratio is ranked better than
55.05% of 1504 companies
in the Software industry
Industry Median: 2.7 vs DMRC: 2.36

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Digimarc's adjusted book value per share data for the three months ended in Mar. 2025 was $2.319. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $5.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digimarc Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digimarc's Cyclically Adjusted PB 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 PB Ratio Chart

Digimarc Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 6.04 2.83 5.86 6.38

Digimarc Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 4.41 5.09 4.48 6.38 2.21

Competitive Comparison of Digimarc's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Digimarc's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 PB Ratio Distribution in the Software Industry

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

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


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Digimarc Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.70/5.81
=2.36

* 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 Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Digimarc's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.319/134.9266*134.9266
=2.319

Current CPI (Mar. 2025) = 134.9266.

Digimarc Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.452 100.684 7.306
201509 6.273 100.392 8.431
201512 5.764 99.792 7.793
201603 5.168 100.470 6.940
201606 4.698 101.688 6.234
201609 7.429 101.861 9.841
201612 6.964 101.863 9.224
201703 6.378 102.862 8.366
201706 7.124 103.349 9.301
201709 6.829 104.136 8.848
201712 7.064 104.011 9.164
201803 6.421 105.290 8.228
201806 5.865 106.317 7.443
201809 5.282 106.507 6.691
201812 4.757 105.998 6.055
201903 4.103 107.251 5.162
201906 5.015 108.070 6.261
201909 4.489 108.329 5.591
201912 3.969 108.420 4.939
202003 3.376 108.902 4.183
202006 2.941 108.767 3.648
202009 4.513 109.815 5.545
202012 5.007 109.897 6.147
202103 4.554 111.754 5.498
202106 3.848 114.631 4.529
202109 3.711 115.734 4.326
202112 3.266 117.630 3.746
202203 4.041 121.301 4.495
202206 5.773 125.017 6.231
202209 5.030 125.227 5.420
202212 4.814 125.222 5.187
202303 4.273 127.348 4.527
202306 3.865 128.729 4.051
202309 3.381 129.860 3.513
202312 3.036 129.419 3.165
202403 3.950 131.776 4.044
202406 3.600 132.554 3.664
202409 3.269 133.029 3.316
202412 2.852 133.157 2.890
202503 2.319 134.927 2.319

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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 PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Digimarc Cyclically Adjusted PB Ratio Related Terms

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


Digimarc Business Description

Industry
Traded in Other Exchanges
Address
8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp is engaged in digital watermarking technologies. The Digimarc Illuminate platform is a distinctive software as a service (SaaS) cloud-based platform for digital connectivity that provides the tools for the application of digital watermarks and dynamic Quick Response (QR) codes, software (digital twins) that enables various systems and devices to interact with those data carriers and a centralized platform for capturing insights about digital interactions and automating activities based on that information. The company generates revenue through commercial and government applications of its technology. The company derives its revenue 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
Alicia Syrett director 2420 17TH STREET, SUITE 220, DENVER CO 80202
Kathleen Kool director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Tony Rodriguez officer: Chief Technology Officer 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Milena Alberti-perez director 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
Ken Sickles officer: EVP, Chief Product Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Vincent C Smith 10 percent owner 2560 EAST CHAPMAN AVENUE, #173, ORANGE CA 92869
Riley Mccormack director, 10 percent owner 2555 LAKE AVE, MIAMI BEACH FL 33140
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