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Turtle Beach (Turtle Beach) E10 : $-1.85 (As of Mar. 2024)


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What is Turtle Beach E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Turtle Beach's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-1.85 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 9.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Turtle Beach was 10.60% per year. The lowest was 6.70% per year. And the median was 9.10% per year.

As of today (2024-06-04), Turtle Beach's current stock price is $16.17. Turtle Beach's E10 for the quarter that ended in Mar. 2024 was $-1.85. Turtle Beach's Shiller PE Ratio of today is .


Turtle Beach E10 Historical Data

The historical data trend for Turtle Beach's E10 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.

Turtle Beach E10 Chart

Turtle Beach Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.94 -2.49 -2.33 -2.39 -1.87

Turtle Beach Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 -2.31 -2.29 -2.13 -1.87 -1.85

Competitive Comparison of Turtle Beach's E10

For the Consumer Electronics subindustry, Turtle Beach's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Turtle Beach's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Turtle Beach's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Turtle Beach's Shiller PE Ratio falls into.



Turtle Beach E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Turtle Beach's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.01/131.7762*131.7762
=0.010

Current CPI (Mar. 2024) = 131.7762.

Turtle Beach Quarterly Data

per share eps CPI Adj_EPS
201406 -0.920 100.560 -1.206
201409 -0.520 100.428 -0.682
201412 0.240 99.070 0.319
201503 -1.000 99.621 -1.323
201506 -0.920 100.684 -1.204
201509 -1.520 100.392 -1.995
201512 -4.360 99.792 -5.757
201603 -1.040 100.470 -1.364
201606 -3.440 101.688 -4.458
201609 -3.640 101.861 -4.709
201612 1.000 101.863 1.294
201703 -0.810 102.862 -1.038
201706 -0.570 103.349 -0.727
201709 -0.040 104.136 -0.051
201712 1.160 104.011 1.470
201803 0.160 105.290 0.200
201806 -0.170 106.317 -0.211
201809 0.910 106.507 1.126
201812 1.330 105.998 1.653
201903 0.090 107.251 0.111
201906 -0.160 108.070 -0.195
201909 -0.220 108.329 -0.268
201912 1.290 108.420 1.568
202003 -0.250 108.902 -0.303
202006 0.510 108.767 0.618
202009 1.040 109.815 1.248
202012 0.930 109.897 1.115
202103 0.490 111.754 0.578
202106 0.090 114.631 0.103
202109 0.140 115.734 0.159
202112 0.250 117.630 0.280
202203 -0.400 121.301 -0.435
202206 -1.080 125.017 -1.138
202209 -0.730 125.227 -0.768
202212 -1.400 125.222 -1.473
202303 -0.400 127.348 -0.414
202306 -0.930 128.729 -0.952
202309 -0.210 129.860 -0.213
202312 0.510 129.419 0.519
202403 0.010 131.776 0.010

Add all the adjusted EPS together and divide 10 will get our e10.


Turtle Beach  (NAS:HEAR) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Turtle Beach E10 Related Terms

Thank you for viewing the detailed overview of Turtle Beach's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Turtle Beach (Turtle Beach) Business Description

Traded in Other Exchanges
Address
44 South Broadway, 4th Floor, White Plains, NY, USA, 10601
Turtle Beach Corp is gaming audio and accessory brand offering a broad selection of gaming headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PC, Mac, and mobile/tablet devices. The company's portfolio includes gaming headsets, PC gaming headsets, PC gaming keyboards, PC gaming mice and other accessories which are distributed internationally in North America, Europe, the Middle East, Africa, Australia, and Asia sold at thousands of storefronts, including retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target and Walmart. Geographically, it generates majority revenue from North America.
Executives
Cris Keirn officer: Interim CEO C/O TURTLE BEACH CORP, 44 SOUTH BROADWAY, 4TH FLOOR, WHITE PLAINS NY 10601
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Terry Jimenez director TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Juergen M. Stark director, officer: See Remarks 100 SUMMIT LAKE DRIVE, SUITE 100, VALHALLA NY 10594
Julia Sze director C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Michelle D Wilson director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Andrew Wolfe director 108 LEEWOOD CT., LOS GATOS CA 95032
William Z Wyatt director 240 26TH STREET, SUITE 3, SANTA MONICA CA 90402
John T Hanson officer: CFO, Treasurer and Secretary 11011 VIA FRONTERA, SUITE A/B, SAN DIEGO CA 92127
Lloyd Gregory Ballard director 2 TOWNSEND ST, #2-1003, SAN FRANCISCO CA 94107
William E Keitel director
Brian Stech director 910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Kelly Ann Thompson director 921 LINCOLN PL, PACIFICA CA 94044
Ronald Doornink director 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405