Proto Labs (LTS:0KRR) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0KRR Proto Labs Inc LTS:0KRR
70 GF Score
Price $74.31
GF Value $44.31
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Proto Labs Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Proto Labs  (LTS:0KRR) 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


Proto Labs Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Proto Labs Cyclically Adjusted PS Ratio Chart

Proto Labs 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 3.81 1.65 2.28 2.11 2.55

Proto Labs Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.07 2.54 2.55 2.79 0.00

LTS:0KRR vs RYZ, WOR, MEC: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


LTS:0KRR
70GF Score
Proto Labs Inc LTS:0KRR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.117/333.9520*333.9520
=6.117

Current CPI (Jun. 2026) = 333.9520.

Proto Labs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.938 241.428 4.064
201612 2.716 241.432 3.757
201703 3.014 243.801 4.128
201706 3.079 244.955 4.198
201709 3.287 246.819 4.447
201712 3.458 246.524 4.684
201803 3.962 249.554 5.302
201806 4.020 251.989 5.328
201809 4.222 252.439 5.585
201812 4.129 251.233 5.488
201903 4.175 254.202 5.485
201906 4.287 256.143 5.589
201909 4.349 256.759 5.656
201912 4.147 256.974 5.389
202003 4.274 258.115 5.530
202006 3.982 257.797 5.158
202009 3.999 260.280 5.131
202012 3.897 260.474 4.996
202103 4.193 264.877 5.286
202106 4.435 271.696 5.451
202109 4.520 274.310 5.503
202112 4.485 278.802 5.372
202203 4.514 287.504 5.243
202206 4.608 296.311 5.193
202209 4.425 296.808 4.979
202212 4.265 296.797 4.799
202303 4.730 301.836 5.233
202306 4.665 305.109 5.106
202309 5.022 307.789 5.449
202312 4.826 306.746 5.254
202403 4.960 312.332 5.303
202406 4.951 314.175 5.263
202409 5.020 315.301 5.317
202412 4.929 315.605 5.216
202503 5.165 319.799 5.394
202506 5.604 322.561 5.802
202509 5.596 324.800 5.754
202512 5.633 324.054 5.805
202603 5.737 330.213 5.802
202606 6.117 333.952 6.117

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.

Is Proto Labs (LTS:0KRR) Overvalued in 2026?

Based on GuruFocus' analysis, Proto Labs stock appears to be overvalued. The current stock price of $74.31 is trading 67.7% above its estimated GF Value™ of $44.31. GuruFocus considers Proto Labs to be Significantly Overvalued.

Key valuation signals for LTS:0KRR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $44.31 vs. price of $74.31 (67.7% above fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the LTS:0KRR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Proto Labs Business Description

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. The Lab uses injection molding, computer numerical control machining, and 3-D printing, and sheet metal 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. Geographically, a majority of the company's revenue is derived from the United States and the rest from Europe.
70GF Score

Get the complete analysis for LTS:0KRR

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

$74.31
Price
$44.31
GF Value