Turtle Price To Sales Ratio from 2010 to 2024
| HEAR Stock | USD 14.05 0.13 0.92% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.72689755 | Current Value 0.69 | Quarterly Volatility 207.40566083 |
Check Turtle Beach financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Turtle main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 M, Interest Expense of 478.8 K or Total Revenue of 166.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.12 or PTB Ratio of 2.1. Turtle financial statements analysis is a perfect complement when working with Turtle Beach Valuation or Volatility modules.
Turtle | Price To Sales Ratio |
Latest Turtle Beach's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Turtle Beach Corp over the last few years. Price to Sales Ratio is figured by comparing Turtle Beach Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Turtle Beach sales, a figure that is much harder to manipulate than other Turtle Beach Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Turtle Beach's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Turtle Beach's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.33 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Turtle Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 79.48 | |
| Geometric Mean | 1.64 | |
| Coefficient Of Variation | 260.95 | |
| Mean Deviation | 136.22 | |
| Median | 0.69 | |
| Standard Deviation | 207.41 | |
| Sample Variance | 43,017 | |
| Range | 594 | |
| R-Value | (0.50) | |
| Mean Square Error | 34,675 | |
| R-Squared | 0.25 | |
| Significance | 0.06 | |
| Slope | (23.26) | |
| Total Sum of Squares | 602,240 |
Turtle Price To Sales Ratio History
About Turtle Beach Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Turtle Beach income statement, its balance sheet, and the statement of cash flows. Turtle Beach investors use historical funamental indicators, such as Turtle Beach's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Turtle Beach investors may use each financial statement separately, they are all related. The changes in Turtle Beach's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Turtle Beach's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Turtle Beach Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Turtle Beach. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.73 | 0.69 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Turtle Beach in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Turtle Beach's short interest history, or implied volatility extrapolated from Turtle Beach options trading.
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Complementary Tools for Turtle Stock analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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Is Turtle Beach's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Earnings Share (1.03) | Revenue Per Share 15.064 | Quarterly Revenue Growth (0.01) | Return On Assets (0.06) |
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.