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As of today (2024-06-08), Turtle Beach's current share price is $15.425. Turtle Beach's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $19.67. Turtle Beach's Cyclically Adjusted PS Ratio for today is 0.78.
The historical rank and industry rank for Turtle Beach's Cyclically Adjusted PS Ratio or its related term are showing as below:
During the past years, Turtle Beach's highest Cyclically Adjusted PS Ratio was 2.87. The lowest was 0.38. And the median was 1.00.
HEAR's Cyclically Adjusted PS Ratio is ranked better thanThe 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 $2.880. 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 $19.67 for the trailing ten years ended in Mar. 2024.
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 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 | 0.55 | 0.63 | 0.47 | 0.56 | 0.88 |
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.
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.
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 |
= | 15.425 | / | 19.67 | |
= | 0.78 |
* 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) |
= | 2.88 | / | 131.7762 | * | 131.7762 | |
= | 2.880 |
Current CPI (Mar. 2024) = 131.7762.
Turtle Beach Quarterly Data
Revenue per Share | CPI | Adj_RevenuePerShare | |
201406 | 2.184 | 100.560 | 2.862 |
201409 | 3.177 | 100.428 | 4.169 |
201412 | 8.776 | 99.070 | 11.673 |
201503 | 1.873 | 99.621 | 2.478 |
201506 | 2.144 | 100.684 | 2.806 |
201509 | 3.392 | 100.392 | 4.452 |
201512 | 7.955 | 99.792 | 10.505 |
201603 | 2.061 | 100.470 | 2.703 |
201606 | 2.386 | 101.688 | 3.092 |
201609 | 3.119 | 101.861 | 4.035 |
201612 | 6.676 | 101.863 | 8.637 |
201703 | 1.166 | 102.862 | 1.494 |
201706 | 1.549 | 103.349 | 1.975 |
201709 | 2.914 | 104.136 | 3.687 |
201712 | 6.454 | 104.011 | 8.177 |
201803 | 3.306 | 105.290 | 4.138 |
201806 | 4.537 | 106.317 | 5.623 |
201809 | 4.586 | 106.507 | 5.674 |
201812 | 7.103 | 105.998 | 8.830 |
201903 | 2.758 | 107.251 | 3.389 |
201906 | 2.834 | 108.070 | 3.456 |
201909 | 3.221 | 108.329 | 3.918 |
201912 | 5.267 | 108.420 | 6.402 |
202003 | 2.415 | 108.902 | 2.922 |
202006 | 4.910 | 108.767 | 5.949 |
202009 | 6.558 | 109.815 | 7.869 |
202012 | 7.562 | 109.897 | 9.068 |
202103 | 5.148 | 111.754 | 6.070 |
202106 | 4.286 | 114.631 | 4.927 |
202109 | 4.653 | 115.734 | 5.298 |
202112 | 5.993 | 117.630 | 6.714 |
202203 | 2.881 | 121.301 | 3.130 |
202206 | 2.503 | 125.017 | 2.638 |
202209 | 3.102 | 125.227 | 3.264 |
202212 | 6.093 | 125.222 | 6.412 |
202303 | 3.103 | 127.348 | 3.211 |
202306 | 2.797 | 128.729 | 2.863 |
202309 | 3.411 | 129.860 | 3.461 |
202312 | 5.703 | 129.419 | 5.807 |
202403 | 2.880 | 131.776 | 2.880 |
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.
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.
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.
Cris Keirn | officer: Interim CEO | C/O TURTLE BEACH CORP, 44 SOUTH BROADWAY, 4TH FLOOR, WHITE PLAINS NY 10601 |
Katherine Lee Scherping | director | 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111 |
Terry Jimenez | director | TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611 |
Juergen M. Stark | director, officer: See Remarks | 100 SUMMIT LAKE DRIVE, SUITE 100, VALHALLA NY 10594 |
Julia Sze | director | C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012 |
Michelle D Wilson | director | C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902 |
Andrew Wolfe | director | 108 LEEWOOD CT., LOS GATOS CA 95032 |
William Z Wyatt | director | 240 26TH STREET, SUITE 3, SANTA MONICA CA 90402 |
John T Hanson | officer: CFO, Treasurer and Secretary | 11011 VIA FRONTERA, SUITE A/B, SAN DIEGO CA 92127 |
Lloyd Gregory Ballard | director | 2 TOWNSEND ST, #2-1003, SAN FRANCISCO CA 94107 |
William E Keitel | director | |
Brian Stech | director | 910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047 |
Yie-hsin Hung | director | 30 HUDSON STREET, JERSEY CITY NJ 07302 |
Kelly Ann Thompson | director | 921 LINCOLN PL, PACIFICA CA 94044 |
Ronald Doornink | director | 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405 |
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