Turtle Beach Corp
HEAR
#6403
Rank
$0.35 B
Marketcap
$16.35
Share price
3.09%
Change (1 day)
43.67%
Change (1 year)

P/E ratio for Turtle Beach Corp (HEAR)

P/E ratio as of May 2024 (TTM): -4.58

According to Turtle Beach Corp 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.58382. At the end of 2022 the company had a P/E ratio of -1.99.

P/E ratio history for Turtle Beach Corp from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.99-109.99%
202119.9137.95%
20208.359.6%
20197.6249%
20185.11-173.39%
2017-6.97846.96%
2016-0.7360-28.6%
2015-1.03-87.4%
2014-8.18-20.5%
2013-10.332.45%
2012-7.774.31%
2011-7.4552.76%
2010-4.88

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.65-42.13%๐Ÿ‡บ๐Ÿ‡ธ USA
39.8-968.34%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
16.2-454.19%๐Ÿ‡บ๐Ÿ‡ธ USA
94.8-2,168.35%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

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.