DMRC (Digimarc) Cyclically Adjusted PS Ratio: 3.22 (As of Jun. 25, 2026) — 59% Below Median


DMRC Digimarc Corp DMRC
46 GF Score
Price $7.21
GF Value $21.46
Valuation Possible Value Trap
! 6 Warning Signs
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What is Digimarc Cyclically Adjusted PS Ratio?

Digimarc DMRC -4.25% 46 Cyclically Adjusted PS Ratio is 3.22 as of Jun. 25, 2026, which is 59% below its 10-year median of 7.83. GuruFocus rates DMRC with a GF Score™ of 46/100 and a GF Value™ of $21.46 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,587 Software companies, Digimarc ranks worse than 70.7% on this metric.

As of today (2026-06-25), Digimarc's current share price is $7.21. Digimarc's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.24. Digimarc's Cyclically Adjusted PS Ratio for today is 3.22.

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: 1.96   Med: 7.83   Max: 19.5
Current: 3.36

During the past years, Digimarc's highest Cyclically Adjusted PS Ratio was 19.50. The lowest was 1.96. And the median was 7.83.

DMRC's Cyclically Adjusted PS Ratio is ranked worse than
70.7% of 1587 companies
in the Software industry
Industry Median: 1.62 vs DMRC: 3.36

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 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. 2026 was $0.344. 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 $2.24 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Digimarc Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Digimarc Cyclically Adjusted PS Ratio Chart

Digimarc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.49 6.15 13.78 15.60 2.91

Digimarc Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.40 5.66 4.25 2.91 2.19

DMRC vs SVCO, AZ, API: Cyclically Adjusted PS Ratio Comparison

For the Software - Application 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 Cyclically Adjusted PS Ratio vs 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.


DMRC
46GF Score
Digimarc Corp DMRC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=7.21/2.24
=3.22

* 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. 2026 is calculated as:

For example, Digimarc's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.344/330.2130*330.2130
=0.344

Current CPI (Mar. 2026) = 330.2130.

Digimarc Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.635 241.018 0.870
201609 0.587 241.428 0.803
201612 0.512 241.432 0.700
201703 0.599 243.801 0.811
201706 0.544 244.955 0.733
201709 0.804 246.819 1.076
201712 0.439 246.524 0.588
201803 0.498 249.554 0.659
201806 0.480 251.989 0.629
201809 0.431 252.439 0.564
201812 0.457 251.233 0.601
201903 0.493 254.202 0.640
201906 0.530 256.143 0.683
201909 0.489 256.759 0.629
201912 0.444 256.974 0.571
202003 0.514 258.115 0.658
202006 0.537 257.797 0.688
202009 0.470 260.280 0.596
202012 0.364 260.474 0.461
202103 0.410 264.877 0.511
202106 0.382 271.696 0.464
202109 0.388 274.310 0.467
202112 0.430 278.802 0.509
202203 0.427 287.504 0.490
202206 0.396 296.311 0.441
202209 0.397 296.808 0.442
202212 0.362 296.797 0.403
202303 0.390 301.836 0.427
202306 0.433 305.109 0.469
202309 0.445 307.789 0.477
202312 0.446 306.746 0.480
202403 0.479 312.332 0.506
202406 0.485 314.175 0.510
202409 0.441 315.301 0.462
202412 0.403 315.605 0.422
202503 0.435 319.799 0.449
202506 0.371 322.561 0.380
202509 0.351 324.800 0.357
202512 0.408 324.054 0.416
202603 0.344 330.213 0.344

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.

What does a Cyclically Adjusted PS Ratio of 3.22 mean?
Digimarc (DMRC) has a Cyclically Adjusted PS Ratio of 3.22 as of Jun. 25, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Digimarc and its competitors. This is 59% below median its historical median of 7.83. Over the past decade, Digimarc's Cyclically Adjusted PS Ratio has ranged from 1.96 to 19.50. According to the industry distribution chart, Digimarc ranks #1122 out of 1587 companies in the Software industry, placing it in the top 70.7%.
Is Digimarc's Cyclically Adjusted PS Ratio too high?
Digimarc's current Cyclically Adjusted PS Ratio of 3.22 is 59% below median its 10-year median of 7.83. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 19.50. The Software industry median Cyclically Adjusted PS Ratio is 1.62. Digimarc's value of 3.22 is 98.8% above this industry median. Based on the distribution chart, Digimarc ranks #1122 out of 1587 companies in the Software industry, which is below the industry midpoint. Overall, Digimarc has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Digimarc's Cyclically Adjusted PS Ratio compare to SVCO and AZ?
According to the Software industry distribution chart, Digimarc ranks #1122 out of 1587 companies for Cyclically Adjusted PS Ratio. This places Digimarc in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.62. Digimarc's value of 3.22 is 98.8% above this benchmark. Historically, Digimarc's own Cyclically Adjusted PS Ratio has ranged from 1.96 to 19.50 over the past decade. While the company's 10-year median is 7.83 vs. the industry median of 1.62, Digimarc has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.62, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Digimarc's current Cyclically Adjusted PS Ratio of 3.22 is 98.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Digimarc and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digimarc's current Cyclically Adjusted PS Ratio is 3.22, which is 59% below median its own 10-year median of 7.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digimarc stock overvalued right now?
Based on GuruFocus' analysis, Digimarc (DMRC) is currently considered Possible Value Trap. The stock's GF Value™ is $21.46, compared to a current price of $7.21 — trading 66.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.22, which is 59% below median its 10-year median of 7.83 and 98.8% above the Software industry median of 1.62. Digimarc's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Digimarc (DMRC), the current Cyclically Adjusted PS Ratio is 3.22 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Digimarc (DMRC) Overvalued in 2026?

Based on GuruFocus' analysis, Digimarc stock appears to be undervalued. The current stock price of $7.21 is trading 66.4% below its estimated GF Value™ of $21.46. GuruFocus considers Digimarc to be Possible Value Trap.

Key valuation signals for DMRC:

  • Cyclically Adjusted PS Ratio: 3.22 (59% below median its 10-year median of 7.83)
  • GF Value™: $21.46 vs. price of $7.21 (66.4% below fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 98.8% above the Software median (#1122 of 1587)

No single metric tells the full story. See the DMRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digimarc Business Description

Address 8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp is a product digitization company delivering business value across industries through identities and cloud-based solutions. Its solutions are Anti-counterfeiting, Internal Compliance, Leak Detection, Piracy Prevention, Product Swap Prevention, Provenance & Authenticity (C2PA), Recycling, and Royalty Monitoring. The group offers services to various industries such as Consumer Packaged Goods, Government, Media, Pharmaceutical, and Retail.
46GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.21
Price
$21.46
GF Value