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Daily Journal (Daily Journal) GF Value Rank

: 7 (As of Today)
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Daily Journal has the GF Value Rank of 7.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison

For the Software - Application subindustry, Daily Journal's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution

For the Software industry and Technology sector, Daily Journal's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Daily Journal's GF Value Rank falls into.



Daily Journal GF Value Rank Related Terms

Thank you for viewing the detailed overview of Daily Journal's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Daily Journal (Daily Journal) Business Description

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