Both in Industrial Instruments

Mesa Laboratories vs Ralliant

Over the past year MLAB returned +70.4% and RAL returned +59.5%; their daily moves had a correlation of 0.11.

MLAB +70.4% RAL +59.5%Growth of $1, one year, split-adjusted
MetricMLABRAL
Price$131.02$69.48
Market cap$733.1M$7.69B
Today+1.37%−0.19%
1 month0.0%−0.7%
6 months+36.8%+59.3%
Year to date+66.9%+36.5%
1 year+70.4%+59.5%
Revenue growth (YoY)+1.0%—
Gross margin64.9%51.6%
Net margin4.7%10.1%
P/E (TTM)152.7×—
Price / sales2.9×3.5×
Net cash-$112.2M-$877.6M
Dividend yield0.49%0.29%
Volatility (60d)46.5%34.9%
Short % of float7.7%4.4%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).