Mesa LaboratoriesMLAB +1.10%77 Cyclically Adjusted PS Ratio is 2.71 as of Jul. 04, 2026, which is 70% below its 10-year median of 9.12. GuruFocus rates MLAB with a GF Score™ of 77/100 and a GF Value™ of $116.15 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,971 Hardware companies, Mesa Laboratories ranks worse than 64.79% on this metric.
The historical rank and industry rank for Mesa Laboratories's Cyclically Adjusted PS Ratio or its related term are showing as below:
MLAB'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.66 Med: 9.12 Max: 13.88
Current: 2.71
During the past years, Mesa Laboratories's highest Cyclically Adjusted PS Ratio was 13.88. The lowest was 1.66. And the median was 9.12.
MLAB's Cyclically Adjusted PS Ratio is ranked worse than 64.79% of 1971
companies
in the Hardware industry
Industry Median: 1.45
vs MLAB: 2.71
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.
Mesa Laboratories's adjusted revenue per share data for the three months ended in Mar. 2026 was $11.371. 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 $38.92 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mesa Laboratories (NAS:MLAB) 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.
Mesa Laboratories Cyclically Adjusted PS Ratio Related Terms
Mesa Laboratories Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Mesa Laboratories'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.
Mesa Laboratories Cyclically Adjusted PS Ratio Chart
MLAB vs AERG, USBC, MVIS: Cyclically Adjusted PS Ratio Comparison
For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.
Mesa Laboratories Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Mesa Laboratories's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories's Cyclically Adjusted PS Ratio falls into.
Mesa Laboratories 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.
Mesa Laboratories's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 2.71 mean?
Mesa Laboratories (MLAB) has a Cyclically Adjusted PS Ratio of 2.71 as of Jul. 04, 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 Mesa Laboratories and its competitors. This is 70% below median its historical median of 9.12. Over the past decade, Mesa Laboratories' Cyclically Adjusted PS Ratio has ranged from 1.66 to 13.88. According to the industry distribution chart, Mesa Laboratories ranks #1277 out of 1971 companies in the Hardware industry, placing it in the top 64.8%.
Is Mesa Laboratories' Cyclically Adjusted PS Ratio too high?
Mesa Laboratories' current Cyclically Adjusted PS Ratio of 2.71 is 70% below median its 10-year median of 9.12. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 13.88. The Hardware industry median Cyclically Adjusted PS Ratio is 1.45. Mesa Laboratories' value of 2.71 is 86.9% above this industry median. Based on the distribution chart, Mesa Laboratories ranks #1277 out of 1971 companies in the Hardware industry, which is below the industry midpoint. Overall, Mesa Laboratories has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mesa Laboratories' Cyclically Adjusted PS Ratio compare to AERG and USBC?
According to the Hardware industry distribution chart, Mesa Laboratories ranks #1277 out of 1971 companies for Cyclically Adjusted PS Ratio. This places Mesa Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.45. Mesa Laboratories' value of 2.71 is 86.9% above this benchmark. Historically, Mesa Laboratories' own Cyclically Adjusted PS Ratio has ranged from 1.66 to 13.88 over the past decade. While the company's 10-year median is 9.12 vs. the industry median of 1.45, Mesa Laboratories 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.45, based on 1,971 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. Mesa Laboratories's current Cyclically Adjusted PS Ratio of 2.71 is 86.9% 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 Mesa Laboratories and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Laboratories's current Cyclically Adjusted PS Ratio is 2.71, which is 70% below median its own 10-year median of 9.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesa Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Mesa Laboratories (MLAB) is currently considered Fairly Valued. The stock's GF Value™ is $116.15, compared to a current price of $105.39 — trading 9.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.71, which is 70% below median its 10-year median of 9.12 and 86.9% above the Hardware industry median of 1.45. Mesa Laboratories' overall GF Score™ is 77/100 with 8 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 Mesa Laboratories (MLAB), the current Cyclically Adjusted PS Ratio is 2.71 as of Jul. 04, 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 Mesa Laboratories (MLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Laboratories stock appears to be undervalued.
The current stock price of $105.39 is trading 9.3% below its estimated GF Value™ of $116.15.
GuruFocus considers Mesa Laboratories to be Fairly Valued.
Key valuation signals for MLAB:
Cyclically Adjusted PS Ratio: 2.71 (70% below median its 10-year median of 9.12)
GF Value™: $116.15 vs. price of $105.39 (9.3% below fair value)
Industry Position: 86.9% above the Hardware median (#1277 of 1971)
No single metric tells the full story. See the MLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Laboratories Inc manufactures life sciences tools and critical quality control solutions. It operates in four divisions: i) Sterilization and Disinfection Control, which manufactures and sells biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization, decontamination, disinfection, and cleaning processes. ii) Clinical Genomics division develops, manufactures, and sells sensitive, low-cost, high-throughput genetic analysis tools and related consumables. iii) The Biopharmaceutical Development division develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. iv) The Calibration Solutions division develops, manufactures, sells, and services quality control products.
77GF Score
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