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Corsair Gaming (LTS:0A95) PB Ratio : 1.79 (As of May. 04, 2024)


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What is Corsair Gaming PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-04), Corsair Gaming's share price is $11.57. Corsair Gaming's Book Value per Share for the quarter that ended in Dec. 2023 was $6.47. Hence, Corsair Gaming's PB Ratio of today is 1.79.

Good Sign:

Corsair Gaming Inc stock PB Ratio (=1.79) is close to 5-year low of 1.66

The historical rank and industry rank for Corsair Gaming's PB Ratio or its related term are showing as below:

LTS:0A95' s PB Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.96   Max: 9.54
Current: 1.79

During the past 6 years, Corsair Gaming's highest PB Ratio was 9.54. The lowest was 1.66. And the median was 2.96.

LTS:0A95's PB Ratio is ranked better than
52.49% of 2389 companies
in the Hardware industry
Industry Median: 1.87 vs LTS:0A95: 1.79

During the past 12 months, Corsair Gaming's average Book Value Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 31.50% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Corsair Gaming was 50.30% per year. The lowest was 10.80% per year. And the median was 37.60% per year.

Back to Basics: PB Ratio


Corsair Gaming PB Ratio Historical Data

The historical data trend for Corsair Gaming's PB 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.

Corsair Gaming PB Ratio Chart

Corsair Gaming Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 4.96 4.84 4.61

Corsair Gaming Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB 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 4.84 4.80 4.72 4.72 4.61

Competitive Comparison of Corsair Gaming's PB Ratio

For the Computer Hardware subindustry, Corsair Gaming's PB Ratio, along with its competitors' market caps and 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.


Corsair Gaming's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Corsair Gaming's PB Ratio distribution charts can be found below:

* The bar in red indicates where Corsair Gaming's PB Ratio falls into.



Corsair Gaming PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Corsair Gaming's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.57/6.465
=1.79

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Corsair Gaming  (LTS:0A95) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Corsair Gaming PB Ratio Related Terms

Thank you for viewing the detailed overview of Corsair Gaming's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Corsair Gaming (LTS:0A95) Business Description

Traded in Other Exchanges
Address
115 N. McCarthy Boulevard, Milpitas, CA, USA, 95035
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mousepads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals, which is the key revenue-generating segment; and Gaming Components and systems. Geographically, the group derives revenue from the Americas, Europe and the Middle East, and the Asia Pacific.

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