Turtle BeachTBCH +2.17%75 PB Ratio is 2.15 as of Jun. 25, 2026, which is 22% below its 10-year median of 2.75. GuruFocus rates TBCH with a GF Score™ of 75/100 and a GF Value™ of $12.90 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,412 Hardware companies, Turtle Beach ranks better than 55.39% on this metric.
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 (2026-06-25), Turtle Beach's share price is $12.25. Turtle Beach's Book Value per Share for the quarter that ended in Mar. 2026 was $5.71. Hence, Turtle Beach's PB Ratio of today is 2.15.
The historical rank and industry rank for Turtle Beach's PB Ratio or its related term are showing as below:
TBCH'
s PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 2.75 Max: 89.56
Current: 2.15
During the past 13 years, Turtle Beach's highest PB Ratio was 89.56. The lowest was 0.97. And the median was 2.75.
TBCH's PB Ratio is ranked better than 55.39% of 2412
companies
in the Hardware industry
Industry Median: 2.42
vs TBCH: 2.15
During the past 12 months, Turtle Beach's average Book Value Per Share Growth Rate was -6.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Turtle Beach was 250.30% per year. The lowest was -29.20% per year. And the median was 7.10% per year.
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.
Turtle Beach PB Ratio Related Terms
Turtle Beach PB Ratio Historical Data
* Premium members only.
The historical data trend for Turtle Beach'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.
For the Consumer Electronics subindustry, Turtle Beach'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.
Turtle Beach PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Turtle Beach's PB Ratio distribution charts can be found below:
* The bar in red indicates where Turtle Beach's PB Ratio falls into.
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.
Turtle Beach's PB Ratio for today is calculated as follows:
* 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.
Turtle Beach (TBCH) has a PB Ratio of 2.15 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Turtle Beach and its competitors. This is 22% below median its historical median of 2.75. Over the past decade, Turtle Beach's PB Ratio has ranged from 0.97 to 89.56. According to the industry distribution chart, Turtle Beach ranks #1076 out of 2412 companies in the Hardware industry, placing it in the top 44.6%.
Is Turtle Beach's PB Ratio too high?
Turtle Beach's current PB Ratio of 2.15 is 22% below median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 89.56. The Hardware industry median PB Ratio is 2.42. Turtle Beach's value of 2.15 is 11.2% below this industry median. Based on the distribution chart, Turtle Beach ranks #1076 out of 2412 companies in the Hardware industry, which is above the industry midpoint. Overall, Turtle Beach has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turtle Beach's PB Ratio compare to GPRO and VUZI?
According to the Hardware industry distribution chart, Turtle Beach ranks #1076 out of 2412 companies for PB Ratio. This puts Turtle Beach in the upper half of its industry. The industry median PB Ratio is 2.42. Turtle Beach's value of 2.15 is 11.2% below this benchmark. Historically, Turtle Beach's own PB Ratio has ranged from 0.97 to 89.56 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 2.42, Turtle Beach has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.42, based on 2,412 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turtle Beach's current PB Ratio of 2.15 is 11.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Turtle Beach and its competitors. For the Hardware industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turtle Beach's current PB Ratio is 2.15, which is 22% below median its own 10-year median of 2.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtle Beach stock overvalued right now?
Based on GuruFocus' analysis, Turtle Beach (TBCH) is currently considered Fairly Valued. The stock's GF Value™ is $12.90, compared to a current price of $12.25 — trading 5% below its estimated fair value. The current PB Ratio is 2.15, which is 22% below median its 10-year median of 2.75 and 11.2% below the Hardware industry median of 2.42. Turtle Beach's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Turtle Beach (TBCH), the current PB Ratio is 2.15 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Turtle Beach (TBCH) Overvalued in 2026?
Based on GuruFocus' analysis, Turtle Beach stock appears to be undervalued.
The current stock price of $12.25 is trading 5% below its estimated GF Value™ of $12.90.
GuruFocus considers Turtle Beach to be Fairly Valued.
Key valuation signals for TBCH:
PB Ratio: 2.15 (22% below median its 10-year median of 2.75)
GF Value™: $12.90 vs. price of $12.25 (5% below fair value)
Industry Position: 11.2% below the Hardware median (#1076 of 2412)
No single metric tells the full story. See the TBCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
75GF Score
Get the complete analysis for TBCH
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TBCH has been successfully added to your 
