According to Turtle Beach Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.98266. At the end of 2022 the company had a P/E ratio of -1.99.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.99 | -109.99% |
2021 | 19.9 | 137.95% |
2020 | 8.35 | 9.6% |
2019 | 7.62 | 49% |
2018 | 5.11 | -173.39% |
2017 | -6.97 | 846.96% |
2016 | -0.7360 | -28.6% |
2015 | -1.03 | -87.4% |
2014 | -8.18 | -20.5% |
2013 | -10.3 | 32.45% |
2012 | -7.77 | 4.31% |
2011 | -7.45 | 52.76% |
2010 | -4.88 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Voxx International
VOXX | -5.79 | 16.15% | ๐บ๐ธ USA |
Logitech LOGI | 37.4 | -850.47% | ๐จ๐ญ Switzerland |
Daktronics DAKT | 14.6 | -393.96% | ๐บ๐ธ USA |
Plantronics POLY | 94.8 | -2,002.79% | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.