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Daily Journal (Daily Journal) Cyclically Adjusted PS Ratio : 8.39 (As of May. 01, 2024)


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What is Daily Journal Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Daily Journal's current share price is $347.49. Daily Journal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $41.43. Daily Journal's Cyclically Adjusted PS Ratio for today is 8.39.

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

DJCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.83   Med: 7.34   Max: 12.5
Current: 8.15

During the past years, Daily Journal's highest Cyclically Adjusted PS Ratio was 12.50. The lowest was 3.83. And the median was 7.34.

DJCO's Cyclically Adjusted PS Ratio is ranked worse than
87.27% of 1430 companies
in the Software industry
Industry Median: 1.86 vs DJCO: 8.15

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.

Daily Journal's adjusted revenue per share data for the three months ended in Dec. 2023 was $11.614. 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 $41.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daily Journal Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Daily Journal'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.

Daily Journal Cyclically Adjusted PS Ratio Chart

Daily Journal Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.86 7.49 9.23 6.65 7.09

Daily Journal Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.47 7.19 7.14 7.09 8.47

Competitive Comparison of Daily Journal's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Daily Journal'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.


Daily Journal's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Daily Journal 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.

Daily Journal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=347.49/41.43
=8.39

* 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.

Daily Journal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Daily Journal's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.614/129.4194*129.4194
=11.614

Current CPI (Dec. 2023) = 129.4194.

Daily Journal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.841 99.695 10.179
201406 8.071 100.560 10.387
201409 8.328 100.428 10.732
201412 8.199 99.070 10.711
201503 8.249 99.621 10.716
201506 7.599 100.684 9.768
201509 7.798 100.392 10.053
201512 7.831 99.792 10.156
201603 8.285 100.470 10.672
201606 7.486 101.688 9.528
201609 6.529 101.861 8.295
201612 7.234 101.863 9.191
201703 7.443 102.862 9.365
201706 7.387 103.349 9.250
201709 7.903 104.136 9.822
201712 7.424 104.011 9.238
201803 6.762 105.290 8.312
201806 7.970 106.317 9.702
201809 7.318 106.507 8.892
201812 7.551 105.998 9.219
201903 7.757 107.251 9.360
201906 10.513 108.070 12.590
201909 9.411 108.329 11.243
201912 8.455 108.420 10.093
202003 8.947 108.902 10.633
202006 9.322 108.767 11.092
202009 9.439 109.815 11.124
202012 7.545 109.897 8.885
202103 10.116 111.754 11.715
202106 9.820 114.631 11.087
202109 8.670 115.734 9.695
202112 8.498 117.630 9.350
202203 7.928 121.301 8.459
202206 9.288 125.017 9.615
202209 13.440 125.227 13.890
202212 8.933 125.222 9.232
202303 11.731 127.348 11.922
202306 12.857 128.729 12.926
202309 15.650 129.860 15.597
202312 11.614 129.419 11.614

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.


Daily Journal  (NAS:DJCO) 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.


Daily Journal Cyclically Adjusted PS Ratio Related Terms

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


Daily Journal (Daily Journal) Business Description

Industry
Traded in Other Exchanges
Address
915 East First Street, Los Angeles, CA, USA, 90012
Daily Journal Corp publishes newspapers and websites covering California and Arizona and produces several specialized information services. The company operates in two segments: Traditional business and Journal Technologies. It also serves as a newspaper representative specializing in public notice advertising. The majority of revenue is generated from the Journal Technologies segment.
Executives
Gerald L Salzman director, officer: Chief Executive Officer C/O DAILY JOURNAL, 915 E. FIRST STREET, LOS ANGELES CA 90012
Guerin John Patrick Et Al director, 10 percent owner 355 SOUTH GRAND AVENUE, 34TH FLOOR, LOS ANGELES CA 90071-1560
Mary Conlin director P.O. BOX 1516, PACIFIC PALISADES CA 90272
Charles T Munger director, 10 percent owner, officer: Chairman 355 S GRAND AV, 34TH FL, LOS ANGELES CA 90071
Munger, Marshall & Co., A California Limited Partnership 10 percent owner 355 SOUTH GRAND AVENUE, 34TH FLOOR, LOS ANGELES CA 90071