MTLS (Materialise NV) Cyclically Adjusted PS Ratio: 1.54 (As of Jul. 03, 2026) — 35% Above Median


MTLS Materialise NV MTLS
65 GF Score
Price $7.18
! 7 Warning Signs
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What is Materialise NV Cyclically Adjusted PS Ratio?

Materialise NV MTLS +0.70% 65 Cyclically Adjusted PS Ratio is 1.54 as of Jul. 03, 2026, which is 35% above its 10-year median of 1.14. GuruFocus rates MTLS with a GF Score™ of 65/100. The stock has 7 warning signs investors should review. Among 1,586 Software companies, Materialise NV ranks better than 51.89% on this metric.

As of today (2026-07-03), Materialise NV's current share price is $7.18. Materialise NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.67. Materialise NV's Cyclically Adjusted PS Ratio for today is 1.54.

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

MTLS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.14   Max: 1.46
Current: 1.46

During the past years, Materialise NV's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 1.03. And the median was 1.14.

MTLS's Cyclically Adjusted PS Ratio is ranked better than
51.89% of 1586 companies
in the Software industry
Industry Median: 1.63 vs MTLS: 1.46

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.

Materialise NV's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.302. 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 $4.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Materialise NV  (NAS:MTLS) 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.


Materialise NV Cyclically Adjusted PS Ratio Related Terms


Materialise NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Materialise NV'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.

Materialise NV Cyclically Adjusted PS Ratio Chart

Materialise NV 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 0.00 0.00 0.00 0.00 1.10

Materialise NV 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 0.00 0.00 0.00 1.10 1.06

MTLS vs UBER, SHOP, CRM: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Materialise NV'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.


Materialise NV Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Materialise NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MTLS
65GF Score
Materialise NV MTLS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Materialise NV 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.

Materialise NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.18/4.67
=1.54

* 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.

Materialise NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Materialise NV'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)
=1.302/135.0710*135.0710
=1.302

Current CPI (Mar. 2026) = 135.0710.

Materialise NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.655 102.267 0.865
201609 0.681 102.118 0.901
201612 0.702 102.614 0.924
201703 0.721 103.972 0.937
201706 0.798 103.902 1.037
201709 0.814 104.170 1.055
201712 1.119 104.804 1.442
201803 1.141 105.419 1.462
201806 1.110 106.063 1.414
201809 1.042 106.618 1.320
201812 1.029 107.252 1.296
201903 1.007 107.876 1.261
201906 1.034 107.896 1.294
201909 1.049 107.470 1.318
201912 0.986 108.065 1.232
202003 0.961 108.550 1.196
202006 0.807 108.540 1.004
202009 0.903 108.441 1.125
202012 1.023 108.511 1.273
202103 1.001 109.522 1.235
202106 1.109 110.305 1.358
202109 1.042 111.543 1.262
202112 1.093 114.705 1.287
202203 0.987 118.620 1.124
202206 1.039 120.948 1.160
202209 0.977 124.120 1.063
202212 1.125 126.578 1.200
202303 1.194 126.528 1.275
202306 1.189 125.973 1.275
202309 1.086 127.083 1.154
202312 1.204 128.292 1.268
202403 1.171 130.552 1.212
202406 1.254 130.691 1.296
202409 1.290 130.968 1.330
202412 1.161 132.346 1.185
202503 1.215 134.348 1.222
202506 1.266 133.495 1.281
202509 1.546 133.743 1.561
202512 1.391 135.071 1.391
202603 1.302 135.071 1.302

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 1.54 mean?
Materialise NV (MTLS) has a Cyclically Adjusted PS Ratio of 1.54 as of Jul. 03, 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 Materialise NV and its competitors. This is 35% above median its historical median of 1.14. Over the past decade, Materialise NV's Cyclically Adjusted PS Ratio has ranged from 1.03 to 1.46. According to the industry distribution chart, Materialise NV ranks #763 out of 1586 companies in the Software industry, placing it in the top 48.1%.
Is Materialise NV's Cyclically Adjusted PS Ratio too high?
Materialise NV's current Cyclically Adjusted PS Ratio of 1.54 is 35% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.46. The Software industry median Cyclically Adjusted PS Ratio is 1.63. Materialise NV's value of 1.54 is 5.5% below this industry median. Based on the distribution chart, Materialise NV ranks #763 out of 1586 companies in the Software industry, which is above the industry midpoint. Overall, Materialise NV has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Materialise NV's Cyclically Adjusted PS Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Materialise NV ranks #763 out of 1586 companies for Cyclically Adjusted PS Ratio. This puts Materialise NV in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. Materialise NV's value of 1.54 is 5.5% below this benchmark. Historically, Materialise NV's own Cyclically Adjusted PS Ratio has ranged from 1.03 to 1.46 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.63, Materialise NV has consistently been below 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 1.63, based on 1,586 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. Materialise NV's current Cyclically Adjusted PS Ratio of 1.54 is 5.5% below 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 Materialise NV and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Materialise NV's current Cyclically Adjusted PS Ratio is 1.54, which is 35% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materialise NV stock overvalued right now?
Materialise NV (MTLS) has a current Cyclically Adjusted PS Ratio of 1.54. The current Cyclically Adjusted PS Ratio is 1.54, which is 35% above median its 10-year median of 1.14 and 5.5% below the Software industry median of 1.63. Materialise NV's overall GF Score™ is 65/100 with 7 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 Materialise NV (MTLS), the current Cyclically Adjusted PS Ratio is 1.54 as of Jul. 03, 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.

Materialise NV Business Description

Other Exchanges 06MA:GermanyMTLS:Belgium
Address Technologielaan 15, Leuven, BEL, 3001
Materialise NV is a provider of 3D-printed medical devices and software and a pioneer in additive manufacturing software and services. The company operates through three principal segments: Materialise Software, Materialise Medical, and Materialise Manufacturing, with the Materialise Medical segment generating maximum revenue. The Materialise Medical segment develops and delivers medical software solutions, medical devices, and related products and services; the Materialise Software segment develops and delivers additive manufacturing software solutions and related services; and the Materialise Manufacturing segment delivers 3D-printed products and related services. The company generates maximum revenue from the United States of America.
65GF 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.

$7.18
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