Is Turtle Beach Corp. overvalued or undervalued?

As of 18 June 2025, the valuation grade for Turtle Beach Corp. has moved from expensive to attractive. The company is currently considered undervalued, with a P/E ratio of 14, significantly lower than the industry average. Additionally, the EV to EBITDA ratio stands at 7.03, indicating a favorable valuation compared to peers, while the PEG ratio is an impressive 0.03, suggesting strong growth potential relative to its price.
In comparison to its peers, Turtle Beach Corp. has a P/E ratio of 14.04, while IMAX Corp. is at 37.68, highlighting a stark contrast in valuation. Hamilton Beach Brands Holding Co., which is rated fair, has a P/E of 6.38, further emphasizing Turtle Beach's relative attractiveness. Despite recent underperformance against the S&P 500, particularly over the 1Y and 3Y periods, the current valuation metrics suggest that Turtle Beach Corp. presents a compelling investment opportunity moving forward.