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Proto Labs (Proto Labs) Cyclically Adjusted Price-to-FCF : 18.18 (As of May. 22, 2024)


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What is Proto Labs Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Proto Labs's current share price is $31.82. Proto Labs's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.75. Proto Labs's Cyclically Adjusted Price-to-FCF for today is 18.18.

The historical rank and industry rank for Proto Labs's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PRLB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.46   Med: 37.7   Max: 166.58
Current: 18.15

During the past years, Proto Labs's highest Cyclically Adjusted Price-to-FCF was 166.58. The lowest was 13.46. And the median was 37.70.

PRLB's Cyclically Adjusted Price-to-FCF is ranked better than
75.02% of 1005 companies
in the Industrial Products industry
Industry Median: 33.64 vs PRLB: 18.15

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Proto Labs's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.727. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Proto Labs Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Proto Labs's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Proto Labs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.32 118.26 36.58 15.94 23.23

Proto Labs Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 20.01 20.89 15.30 23.23 20.39

Competitive Comparison of Proto Labs's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Proto Labs's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proto Labs's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Proto Labs's Cyclically Adjusted Price-to-FCF falls into.



Proto Labs Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Proto Labs's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.82/1.75
=18.18

* 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 FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Proto Labs's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.727/131.7762*131.7762
=0.727

Current CPI (Mar. 2024) = 131.7762.

Proto Labs Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.420 100.560 -0.550
201409 0.370 100.428 0.485
201412 0.369 99.070 0.491
201503 0.350 99.621 0.463
201506 0.111 100.684 0.145
201509 0.072 100.392 0.095
201512 0.216 99.792 0.285
201603 0.377 100.470 0.494
201606 0.229 101.688 0.297
201609 0.417 101.861 0.539
201612 0.628 101.863 0.812
201703 0.413 102.862 0.529
201706 0.568 103.349 0.724
201709 0.325 104.136 0.411
201712 0.524 104.011 0.664
201803 0.023 105.290 0.029
201806 0.568 106.317 0.704
201809 0.254 106.507 0.314
201812 0.467 105.998 0.581
201903 0.194 107.251 0.238
201906 0.573 108.070 0.699
201909 0.625 108.329 0.760
201912 0.600 108.420 0.729
202003 0.334 108.902 0.404
202006 0.416 108.767 0.504
202009 0.810 109.815 0.972
202012 0.669 109.897 0.802
202103 -0.004 111.754 -0.005
202106 -0.111 114.631 -0.128
202109 0.269 115.734 0.306
202112 0.608 117.630 0.681
202203 0.535 121.301 0.581
202206 0.374 125.017 0.394
202209 0.369 125.227 0.388
202212 0.193 125.222 0.203
202303 0.719 127.348 0.744
202306 0.225 128.729 0.230
202309 0.810 129.860 0.822
202312 -0.037 129.419 -0.038
202403 0.727 131.776 0.727

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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 Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Proto Labs Cyclically Adjusted Price-to-FCF Related Terms

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


Proto Labs (Proto Labs) Business Description

Industry
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

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