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Turtle Beach (FRA:0P1A) Cyclically Adjusted PS Ratio : 0.80 (As of May. 21, 2024)


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What is Turtle Beach Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Turtle Beach's current share price is €14.40. Turtle Beach's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €18.06. Turtle Beach's Cyclically Adjusted PS Ratio for today is 0.80.

The historical rank and industry rank for Turtle Beach's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:0P1A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.02   Max: 2.87
Current: 0.8

During the past years, Turtle Beach's highest Cyclically Adjusted PS Ratio was 2.87. The lowest was 0.38. And the median was 1.02.

FRA:0P1A's Cyclically Adjusted PS Ratio is ranked better than
59.04% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs FRA:0P1A: 0.80

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Turtle Beach's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.650. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €18.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turtle Beach Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Turtle Beach's Cyclically Adjusted PS Ratio 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 PS Ratio Chart

Turtle Beach Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.72 1.47 0.41 0.56

Turtle Beach Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio 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 0.55 0.63 0.47 0.56 0.88

Competitive Comparison of Turtle Beach's Cyclically Adjusted PS Ratio

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

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

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



Turtle Beach Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Turtle Beach's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.40/18.06
=0.80

* 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.

Turtle Beach's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.65/131.7762*131.7762
=2.650

Current CPI (Mar. 2024) = 131.7762.

Turtle Beach Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.608 100.560 2.107
201409 2.465 100.428 3.234
201412 7.118 99.070 9.468
201503 1.731 99.621 2.290
201506 1.910 100.684 2.500
201509 3.022 100.392 3.967
201512 7.302 99.792 9.642
201603 1.851 100.470 2.428
201606 2.123 101.688 2.751
201609 2.779 101.861 3.595
201612 6.328 101.863 8.186
201703 1.090 102.862 1.396
201706 1.379 103.349 1.758
201709 2.445 104.136 3.094
201712 5.454 104.011 6.910
201803 2.681 105.290 3.355
201806 3.884 106.317 4.814
201809 3.930 106.507 4.862
201812 6.244 105.998 7.763
201903 2.441 107.251 2.999
201906 2.508 108.070 3.058
201909 2.925 108.329 3.558
201912 4.740 108.420 5.761
202003 2.186 108.902 2.645
202006 4.360 108.767 5.282
202009 5.568 109.815 6.682
202012 6.216 109.897 7.454
202103 4.324 111.754 5.099
202106 3.558 114.631 4.090
202109 3.955 115.734 4.503
202112 5.304 117.630 5.942
202203 2.616 121.301 2.842
202206 2.368 125.017 2.496
202209 3.133 125.227 3.297
202212 5.751 125.222 6.052
202303 2.898 127.348 2.999
202306 2.581 128.729 2.642
202309 3.196 129.860 3.243
202312 5.230 129.419 5.325
202403 2.650 131.776 2.650

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Turtle Beach  (FRA:0P1A) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Turtle Beach Cyclically Adjusted PS Ratio Related Terms

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


Turtle Beach (FRA:0P1A) Business Description

Industry
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.

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