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Proto LabsPRLB -3.30%67 Net Cash per Share is $1.81 as of Jun. 2026, which is 96% below its 10-year median of 44.46. GuruFocus rates PRLB with a GF Score™ of 67/100 and a GF Value™ of $46.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 609 Industrial Products companies, Proto Labs ranks worse than 84.89% on this metric.
Proto Labs (NYSE:PRLB) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Proto Labs Net Cash per Share Related Terms
Proto Labs Net Cash per Share Historical Data
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The historical data trend for Proto Labs's Net Cash per Share 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.
PRLB vs RYZ, WOR, MEC: Net Cash per Share Comparison
For the Metal Fabrication subindustry, Proto Labs's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Proto Labs's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Proto Labs's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Proto Labs's Net Cash per Share for the fiscal year that ended in Dec. 2025 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.
Proto Labs (PRLB) has a Net Cash per Share of $1.81 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Proto Labs and its competitors. This is 96% below median its historical median of 44.46. Over the past decade, Proto Labs' Net Cash per Share has ranged from 17.16 to 203.08. According to the industry distribution chart, Proto Labs ranks #517 out of 609 companies in the Industrial Products industry, placing it in the top 84.9%.
Is Proto Labs' Net Cash per Share too high?
Proto Labs' current Net Cash per Share of $1.81 is 96% below median its 10-year median of 44.46. Over the past 10 years, this metric has ranged from a low of 17.16 to a high of 203.08. The Industrial Products industry median Net Cash per Share is 9.80. Proto Labs' value of $1.81 is 81.5% below this industry median. Based on the distribution chart, Proto Labs ranks #517 out of 609 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Proto Labs has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Proto Labs' Net Cash per Share compare to RYZ and WOR?
According to the Industrial Products industry distribution chart, Proto Labs ranks #517 out of 609 companies for Net Cash per Share. This places Proto Labs in the lower half of its industry. The industry median Net Cash per Share is 9.80. Proto Labs' value of $1.81 is 81.5% below this benchmark. Historically, Proto Labs' own Net Cash per Share has ranged from 17.16 to 203.08 over the past decade. While the company's 10-year median is 44.46 vs. the industry median of 9.80, Proto Labs 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 Net Cash per Share for an Industrial Products company?
The median Net Cash per Share among Industrial Products companies is 9.80, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Proto Labs's current Net Cash per Share of $1.81 is 81.5% 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Proto Labs and its competitors. For the Industrial Products industry, the median Net Cash per Share is 9.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proto Labs's current Net Cash per Share is $1.81, which is 96% below median its own 10-year median of 44.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proto Labs stock overvalued right now?
Based on GuruFocus' analysis, Proto Labs (PRLB) is currently considered Significantly Overvalued. The stock's GF Value™ is $46.27, compared to a current price of $82.08 — trading 77.4% above its estimated fair value. The current Net Cash per Share is $1.81, which is 96% below median its 10-year median of 44.46 and 81.5% below the Industrial Products industry median of 9.80. Proto Labs' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Proto Labs (PRLB), the current Net Cash per Share is $1.81 as of Jun. 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 Proto Labs (PRLB) Overvalued in 2026?
Based on GuruFocus' analysis, Proto Labs stock appears to be overvalued.
The current stock price of $82.08 is trading 77.4% above its estimated GF Value™ of $46.27.
GuruFocus considers Proto Labs to be Significantly Overvalued.
Key valuation signals for PRLB:
Net Cash per Share: $1.81 (96% below median its 10-year median of 44.46)
GF Value™: $46.27 vs. price of $82.08 (77.4% above fair value)
Industry Position: 81.5% below the Industrial Products median (#517 of 609)
No single metric tells the full story. See the PRLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
67GF Score
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