Turtle Beach Corp (HEAR)

P/B ratio as of September 2024 : 2.97

According to Turtle Beach Corp 's latest financial reports the company has a price-to-book ratio of 2.97.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Turtle Beach Corp - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.24	67.82%
2022-12-31	1.33	-47.17%
2021-12-31	2.53	-11.82%
2020-12-31	2.87	32.65%
2019-12-31	2.16	-60.22%
2018-12-31	5.43	-637.79%
2017-12-31	-1.01	-67.61%
2016-12-31	-3.12	-306.6%
2015-12-31	1.51	47.65%
2014-12-31	1.02	-93.89%
2013-12-31	16.7	137.05%
2012-12-31	7.06	-21.74%
2011-12-31	9.02	-138.46%
2010-12-31	-23.5
2009-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Logitech LOGI	5.88	98.16%	🇨🇭 Switzerland
Daktronics DAKT	2.40	-19.03%	🇺🇸 USA
Voxx International VOXX	0.5212	-82.43%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Turtle Beach Corp (HEAR) - P/B ratio