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Turtle Beach (FRA:0P1A) E10 : €-1.70 (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 €0.009. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.70 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 (2024-05-21), Turtle Beach's current stock price is €14.40. Turtle Beach's E10 for the quarter that ended in Mar. 2024 was €-1.70. 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 -2.46 -2.14 -2.12 -2.14 -1.66

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 -2.03 -2.07 -1.99 -1.66 -1.70

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)
=0.009/131.7762*131.7762
=0.009

Current CPI (Mar. 2024) = 131.7762.

Turtle Beach Quarterly Data

per share eps CPI Adj_EPS
201406 -0.677 100.560 -0.887
201409 -0.404 100.428 -0.530
201412 0.195 99.070 0.259
201503 -0.924 99.621 -1.222
201506 -0.820 100.684 -1.073
201509 -1.354 100.392 -1.777
201512 -4.002 99.792 -5.285
201603 -0.934 100.470 -1.225
201606 -3.062 101.688 -3.968
201609 -3.243 101.861 -4.195
201612 0.948 101.863 1.226
201703 -0.757 102.862 -0.970
201706 -0.507 103.349 -0.646
201709 -0.034 104.136 -0.043
201712 0.980 104.011 1.242
201803 0.130 105.290 0.163
201806 -0.146 106.317 -0.181
201809 0.780 106.507 0.965
201812 1.169 105.998 1.453
201903 0.080 107.251 0.098
201906 -0.142 108.070 -0.173
201909 -0.200 108.329 -0.243
201912 1.161 108.420 1.411
202003 -0.226 108.902 -0.273
202006 0.453 108.767 0.549
202009 0.883 109.815 1.060
202012 0.764 109.897 0.916
202103 0.412 111.754 0.486
202106 0.075 114.631 0.086
202109 0.119 115.734 0.135
202112 0.221 117.630 0.248
202203 -0.363 121.301 -0.394
202206 -1.022 125.017 -1.077
202209 -0.737 125.227 -0.776
202212 -1.322 125.222 -1.391
202303 -0.374 127.348 -0.387
202306 -0.858 128.729 -0.878
202309 -0.197 129.860 -0.200
202312 0.468 129.419 0.477
202403 0.009 131.776 0.009

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


Turtle Beach  (FRA:0P1A) 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 (FRA:0P1A) 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.

Turtle Beach (FRA:0P1A) Headlines

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