PRLB vs TILE: Correlation
Proto Labs, Inc. (PRLB) and Interface, Inc. (TILE) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRLB and TILE?
On 3 years of weekly data the PRLB/TILE correlation comes out at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 1202.5 %².
Few assets follow PRLB as closely as TILE, which ranks #1 of 17 tracked partners. Their recent paths diverged sharply: over the last 12 months PRLB outperformed by 17.3 percentage points (+57.6% for PRLB against +40.3% for TILE).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
PRLB vs TILE: side by side
| PRLB (Proto Labs, Inc.) | TILE (Interface, Inc.) | |
|---|---|---|
| 1-year return | +57.6% | +40.3% |
| 5-year return | +10.1% | +167.4% |
| Volatility (ann.) | 50.3% | 40.8% |
| Beta vs S&P 500 | 1.52 | 0.93 |
| Max drawdown (3Y) | -33.6% | -33.6% |
| Market cap | $1.9B | $2.2B |
| P/E (trailing) | 62.6 | 15.7 |
| Dividend yield | 0.00% | 0.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRLB | TILE |
|---|---|---|
| 2022 | -50.3% | -37.9% |
| 2023 | +52.6% | +28.5% |
| 2024 | +0.3% | +93.4% |
| 2025 | +29.4% | +14.9% |
| 2026 | +58.3% | +36.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRLB and TILE good diversifiers for each other?
Only partially. A correlation of 0.59 means PRLB and TILE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between PRLB and TILE?
The PRLB/TILE correlation stands at 0.59 on a 3-year window (1 year: 0.56, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is TILE a good diversifier for PRLB?
Only partially. A correlation of 0.59 means PRLB and TILE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
A reading of 0.59 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/prlb-vs-tile.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/prlb-vs-tile/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRLB correlations · TILE correlations
