Turtle Beach (LTS:0ZNF) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0ZNF Turtle Beach Corp LTS:0ZNF
69 GF Score
Price $12.60
GF Value $13.93
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Turtle Beach Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Turtle Beach  (LTS:0ZNF) 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


Turtle Beach Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

Turtle Beach Cyclically Adjusted PS Ratio Chart

Turtle Beach Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.55 0.88 0.71

Turtle Beach Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.69 0.77 0.72 0.50 0.62

LTS:0ZNF vs VUZI, FXHO, GPRO: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


LTS:0ZNF
69GF Score
Turtle Beach Corp LTS:0ZNF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Turtle Beach's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.938/333.9520*333.9520
=2.938

Current CPI (Jun. 2026) = 333.9520.

Turtle Beach Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.119 241.428 4.314
201612 6.668 241.432 9.223
201703 1.166 243.801 1.597
201706 1.549 244.955 2.112
201709 2.914 246.819 3.943
201712 6.446 246.524 8.732
201803 3.306 249.554 4.424
201806 4.537 251.989 6.013
201809 4.586 252.439 6.067
201812 6.866 251.233 9.127
201903 2.758 254.202 3.623
201906 2.834 256.143 3.695
201909 3.221 256.759 4.189
201912 6.462 256.974 8.398
202003 2.415 258.115 3.125
202006 4.910 257.797 6.360
202009 6.558 260.280 8.414
202012 7.563 260.474 9.696
202103 5.148 264.877 6.491
202106 4.286 271.696 5.268
202109 4.653 274.310 5.665
202112 5.995 278.802 7.181
202203 2.881 287.504 3.346
202206 2.503 296.311 2.821
202209 3.102 296.808 3.490
202212 6.092 296.797 6.855
202303 3.103 301.836 3.433
202306 2.797 305.109 3.061
202309 3.411 307.789 3.701
202312 5.415 306.746 5.895
202403 2.880 312.332 3.079
202406 3.599 314.175 3.826
202409 4.389 315.301 4.649
202412 6.911 315.605 7.313
202503 3.116 319.799 3.254
202506 2.747 322.561 2.844
202509 3.943 324.800 4.054
202512 5.864 324.054 6.043
202603 2.163 330.213 2.187
202606 2.938 333.952 2.938

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.

Is Turtle Beach (LTS:0ZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Turtle Beach stock appears to be undervalued. The current stock price of $12.60 is trading 9.5% below its estimated GF Value™ of $13.93. GuruFocus considers Turtle Beach to be Modestly Undervalued.

Key valuation signals for LTS:0ZNF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $13.93 vs. price of $12.60 (9.5% below fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the LTS:0ZNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Turtle Beach Business Description

Other Exchanges TBCH:USA0P1A:Germany
Address 15822 Bernardo Center Drive, Suite 105, San Diego, CA, USA, 92127
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 retailers such as Amazon, Argos, Best Buy, GAME, GameStop and Walmart with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.
69GF Score

Get the complete analysis for LTS:0ZNF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.60
Price
$13.93
GF Value