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Turtle Beach (STU:0P1A) Cyclically Adjusted Book per Share : €4.25 (As of Mar. 2025)


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What is Turtle Beach Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Turtle Beach's adjusted book value per share for the three months ended in Mar. 2025 was €5.633. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €4.25 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Turtle Beach's average Cyclically Adjusted Book Growth Rate was -16.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Turtle Beach was 16.10% per year. The lowest was -1.30% per year. And the median was 12.60% per year.

As of today (2025-05-29), Turtle Beach's current stock price is €9.60. Turtle Beach's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €4.25. Turtle Beach's Cyclically Adjusted PB Ratio of today is 2.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turtle Beach was 8.68. The lowest was 1.16. And the median was 2.89.


Turtle Beach Cyclically Adjusted Book per Share Historical Data

The historical data trend for Turtle Beach's Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share Chart

Turtle Beach Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 4.53 4.85 5.09 4.45

Turtle Beach Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share 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 5.10 4.86 4.49 4.45 4.25

Competitive Comparison of Turtle Beach's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Turtle Beach's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Turtle Beach's Cyclically Adjusted PB Ratio falls into.


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Turtle Beach Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Turtle Beach's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.633/134.9266*134.9266
=5.633

Current CPI (Mar. 2025) = 134.9266.

Turtle Beach Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.651 100.684 12.933
201509 8.481 100.392 11.398
201512 4.892 99.792 6.614
201603 3.775 100.470 5.070
201606 0.736 101.688 0.977
201609 -2.433 101.861 -3.223
201612 -1.593 101.863 -2.110
201703 -2.293 102.862 -3.008
201706 -2.646 103.349 -3.454
201709 -2.495 104.136 -3.233
201712 -1.516 104.011 -1.967
201803 -1.341 105.290 -1.718
201806 0.309 106.317 0.392
201809 1.411 106.507 1.788
201812 2.310 105.998 2.940
201903 2.879 107.251 3.622
201906 2.712 108.070 3.386
201909 2.603 108.329 3.242
201912 3.938 108.420 4.901
202003 3.742 108.902 4.636
202006 4.226 108.767 5.242
202009 5.352 109.815 6.576
202012 6.182 109.897 7.590
202103 6.821 111.754 8.235
202106 6.907 114.631 8.130
202109 7.079 115.734 8.253
202112 7.738 117.630 8.876
202203 7.622 121.301 8.478
202206 6.849 125.017 7.392
202209 6.669 125.227 7.186
202212 5.067 125.222 5.460
202303 4.768 127.348 5.052
202306 3.949 128.729 4.139
202309 3.898 129.860 4.050
202312 4.450 129.419 4.639
202403 5.443 131.776 5.573
202406 4.712 132.554 4.796
202409 4.569 133.029 4.634
202412 5.770 133.157 5.847
202503 5.633 134.927 5.633

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Turtle Beach  (STU:0P1A) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Turtle Beach's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9.60/4.25
=2.26

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turtle Beach was 8.68. The lowest was 1.16. And the median was 2.89.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Turtle Beach Cyclically Adjusted Book per Share Related Terms

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


Turtle Beach Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Turtle Beach Corp (STU:0P1A) » Definitions » Cyclically Adjusted Book per Share
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Address
15822 Bernardo Center Drive, Suite 105, San Diego, CA, USA, 10601
Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.

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