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Proto Labs (Proto Labs) Cyclically Adjusted PS Ratio : 1.84 (As of Apr. 27, 2024)


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What is Proto Labs Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Proto Labs's current share price is $31.37. Proto Labs's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $17.08. Proto Labs's Cyclically Adjusted PS Ratio for today is 1.84.

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

PRLB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.38   Med: 3.92   Max: 18.57
Current: 1.84

During the past years, Proto Labs's highest Cyclically Adjusted PS Ratio was 18.57. The lowest was 1.38. And the median was 3.92.

PRLB's Cyclically Adjusted PS Ratio is ranked worse than
59.15% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs PRLB: 1.84

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.

Proto Labs's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.826. 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 $17.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Proto Labs Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Proto Labs'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.

Proto Labs Cyclically Adjusted PS Ratio Chart

Proto Labs 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 9.88 13.16 3.81 1.65 2.28

Proto Labs 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 1.65 2.07 2.13 1.56 2.28

Competitive Comparison of Proto Labs's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Proto Labs'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.


Proto Labs's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proto Labs's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Proto Labs 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.

Proto Labs's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.37/17.08
=1.84

* 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.

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

For example, Proto Labs'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)
=4.826/129.4194*129.4194
=4.826

Current CPI (Dec. 2023) = 129.4194.

Proto Labs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.766 99.695 2.293
201406 2.022 100.560 2.602
201409 2.083 100.428 2.684
201412 2.150 99.070 2.809
201503 2.233 99.621 2.901
201506 2.434 100.684 3.129
201509 2.572 100.392 3.316
201512 2.793 99.792 3.622
201603 2.744 100.470 3.535
201606 2.822 101.688 3.592
201609 2.938 101.861 3.733
201612 2.716 101.863 3.451
201703 3.014 102.862 3.792
201706 3.079 103.349 3.856
201709 3.287 104.136 4.085
201712 3.458 104.011 4.303
201803 3.962 105.290 4.870
201806 4.020 106.317 4.894
201809 4.222 106.507 5.130
201812 4.129 105.998 5.041
201903 4.175 107.251 5.038
201906 4.287 108.070 5.134
201909 4.349 108.329 5.196
201912 4.147 108.420 4.950
202003 4.274 108.902 5.079
202006 3.982 108.767 4.738
202009 3.999 109.815 4.713
202012 3.897 109.897 4.589
202103 4.193 111.754 4.856
202106 4.435 114.631 5.007
202109 4.520 115.734 5.054
202112 4.485 117.630 4.935
202203 4.514 121.301 4.816
202206 4.608 125.017 4.770
202209 4.425 125.227 4.573
202212 4.265 125.222 4.408
202303 4.730 127.348 4.807
202306 4.665 128.729 4.690
202309 5.022 129.860 5.005
202312 4.826 129.419 4.826

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.


Proto Labs  (NYSE:PRLB) 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.


Proto Labs Cyclically Adjusted PS Ratio Related Terms

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


Proto Labs (Proto Labs) Business Description

Traded in Other Exchanges
Address
5540 Pioneer Creek Drive, Maple Plain, MN, USA, 55359
Proto Labs Inc is an on-demand manufacturer of custom parts for prototyping and short-run production. The company offers developers and engineers quick-turn production services to reduce the time to market. Proto Labs uses injection molding, computer numerical control machining, and 3-D printing to manufacture custom parts for its clients. The company services clients' needs for prototype solutions, parts for testing procedures, bridge production capabilities during disruptions in manufacturing processes, limited-quantity requests, and end-of-life production support. The majority of its revenue is derived from the United States of America.
Executives
Oleg Ryaboy officer: Chief Technology Officer 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Robert Bodor officer: Chief Technology Officer 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Baker Arthur R. Iii officer: Chief Technology Officer 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344-2290
Daniel Schumacher officer: Chief Financial Officer 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Stacy Greiner director 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Michael R. Kenison officer: VP and GM of the America's 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
John B Goodman director 3500 LYMAN BLVD, CHASKA MN 55379
Victoria M Holt director, officer: President and CEO PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Ranier Gawlick director 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Sven Wehrwein director
John Way officer: Chief Financial Officer 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Moonhie Chin director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Bjoern Klaas officer: VP and Mng Director-PL Europe 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
John B. Tumelty officer: Managing Dir.-Proto Labs, Ltd. 5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Sujeet Chand director ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204