Proto Labs currently trades with a PEG ratio of 0.35, based on Nov 13, 2026 data. Dividing the 46.27 PE ratio by the 131.7% earnings growth rate produces this figure. Relative to the 0.86 average from the past 4 quarters, the PEG ratio has shrunk by 59%.
Historically, Proto Labs maintains a PEG ratio averaging 2.35 across the last ten years. At 0.35, today's PEG ratio sits 85% lower than its historical average. The ten years high came in the Sep 2017 quarter at 19.73, reflecting peak valuation relative to growth. The bottom was reached in the Sep 2024 quarter at 0.25, suggesting favorable value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.63 | 56.84 | 34.8% |
| 2024 | N/A | 59.23 | 0% |
| 2023 | 0.5 | 59.03 | 117.5% |
| 2022 | N/A | N/A | -411.6% |
| 2021 | N/A | 42.44 | -36.3% |
| 2020 | N/A | 80.74 | -19.8% |
| 2019 | N/A | 42.85 | -16.5% |
| 2018 | 0.86 | 39.71 | 46.4% |
| 2017 | 2.68 | 53.09 | 19.8% |
| 2016 | N/A | 31.7 | -9.5% |
| 2015 | 3.39 | 35.58 | 10.5% |
| 2014 | 2.64 | 41.46 | 15.7% |
| 2013 | 1.42 | 50.84 | 35.9% |
| 2012 | 1.03 | 38.27 | 37.3% |
| 2011 | N/A | N/A | 87.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.49 | 64.97 | 131.7% |
| Jun 2026 | 0.61 | 64.18 | 104.8% |
| Mar 2026 | 0.69 | 52.8 | 77% |
| Dec 2025 | 1.63 | 56.84 | 34.8% |
| Sep 2025 | N/A | 79.41 | -33.7% |
| Jun 2025 | N/A | 64.58 | -36.1% |
| Mar 2025 | N/A | 57.44 | -21.8% |
| Dec 2024 | N/A | 59.23 | 0% |
| Sep 2024 | 0.25 | 30.92 | 125.1% |
| Jun 2024 | 0.26 | 31.85 | 124.5% |
| Mar 2024 | 0.38 | 45.83 | 120.2% |
| Dec 2023 | 0.5 | 59.03 | 117.5% |
| Sep 2023 | N/A | N/A | -545.9% |
| Jun 2023 | N/A | N/A | -550% |
| Mar 2023 | N/A | N/A | -406.3% |
PRLB's PEG ratio today comes in under the 3, 5 and 10-year averages.
With a PEG of 0.35, PRLB ranks lower than the Industrials sector and the industry average. In comparison with the Industrials sector average of 0.82, Proto Labs's PEG is 57% lower.
Among its peers, PRLB has a PEG ratio below stock KAI, while higher than JBTM's and AIN's.
PRLB has a PEG ratio of 0.35, per Nov 13, 2026 data.
PRLB shows a 3-year average PEG ratio of 0.6.
PRLB shows a 5-year average PEG ratio of 0.6.
The Sep 2017 quarter marked the ten years high at 19.73 for PRLB's PEG ratio.
Compared to the 10-year average, PRLB's PEG ratio sits 85% lower.
The 0.35 PEG ratio for PRLB reflects robust earnings growth outpacing the current valuation.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 13, 2026, Proto Labs carries a PE ratio of 46.27. Earnings grew at 131.7% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 0.35. PEG RATIO(0.35) = PE RATIO(46.27) / EPS GROWTH(131.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.