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Corsair Gaming (Corsair Gaming) PS Ratio : 0.83 (As of Apr. 28, 2024)


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What is Corsair Gaming PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Corsair Gaming's share price is $11.30. Corsair Gaming's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $13.60. Hence, Corsair Gaming's PS Ratio for today is 0.83.

Good Sign:

Corsair Gaming Inc stock PS Ratio (=0.82) is close to 5-year low of 0.74

The historical rank and industry rank for Corsair Gaming's PS Ratio or its related term are showing as below:

CRSR' s PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.15   Max: 2.5
Current: 0.83

During the past 6 years, Corsair Gaming's highest PS Ratio was 2.50. The lowest was 0.74. And the median was 1.15.

CRSR's PS Ratio is ranked better than
68.09% of 2454 companies
in the Hardware industry
Industry Median: 1.495 vs CRSR: 0.83

Corsair Gaming's Revenue per Sharefor the three months ended in Dec. 2023 was $3.53. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $13.60.

Warning Sign:

Corsair Gaming Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Corsair Gaming was -3.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was -9.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 6.00% per year.

During the past 6 years, Corsair Gaming's highest 3-Year average Revenue per Share Growth Rate was 23.10% per year. The lowest was -9.90% per year. And the median was 6.10% per year.

Back to Basics: PS Ratio


Corsair Gaming PS Ratio Historical Data

The historical data trend for Corsair Gaming's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corsair Gaming PS Ratio Chart

Corsair Gaming Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial - 1.93 1.10 0.95 1.03

Corsair Gaming Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 1.33 1.28 1.03 1.03

Competitive Comparison of Corsair Gaming's PS Ratio

For the Computer Hardware subindustry, Corsair Gaming's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corsair Gaming's PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Corsair Gaming's PS Ratio distribution charts can be found below:

* The bar in red indicates where Corsair Gaming's PS Ratio falls into.



Corsair Gaming PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Corsair Gaming's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.30/13.597
=0.83

Corsair Gaming's Share Price of today is $11.30.
Corsair Gaming's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.60.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Corsair Gaming  (NAS:CRSR) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Corsair Gaming PS Ratio Related Terms

Thank you for viewing the detailed overview of Corsair Gaming's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Corsair Gaming (Corsair Gaming) Business Description

Traded in Other Exchanges
Address
115 N. McCarthy Boulevard, Milpitas, CA, USA, 95035
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mousepads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals, which is the key revenue-generating segment; and Gaming Components and systems. Geographically, the group derives revenue from the Americas, Europe and the Middle East, and the Asia Pacific.
Executives
Thi L La officer: Chief Operating Officer C/O CORSAIR GAMING, INC., 47100 BAYSIDE PARKWAY, FREMONT CA 94538
Michael G Potter officer: Chief Financial Officer 5555 NE MOORE CT., HILLSBORO OR 97124
Majoros George L. Jr. director, 10 percent owner C/O EAGLETREE CAPITAL, LP, 1185 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Anup Bagaria director, 10 percent owner C/O EAGLETREE CAPITAL, LP, 1185 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Corsair Group (cayman), Lp 10 percent owner C/O EAGLETREE CAPITAL, LP, 1185 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Samuel R. Szteinbaum director CORSAIR COMPONENTS INC., 46221 LANDING PARKWAY, FREMONT CA 94538
Sarah Mears Kim director C/O CORSAIR GAMING, INC., 47100 BAYSIDE PKWY, FREMONT CA 94538
Bertrand Chevalier officer: Chief Sales Officer C/O CORSAIR GAMING, INC., 47100 BAYSIDE PARKWAY, FREMONT CA 94538
Andrew J. Paul director, officer: See Remarks CORSAIR COMPONENTS INC., 46221 LANDING PARKWAY, FREMONT CA 94538
Randall J Weisenburger director C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Eagletree-carbide (gp), Llc 10 percent owner C/O EAGLETREE CAPITAL, LP, 1185 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Gregg A Lakritz officer: Controller C/O CORSAIR GAMING, INC., 47100 BAYSIDE PARKWAY, FREMONT CA 94538
Stuart A Martin director C/O EAGLETREE CAPITAL, LP, 1185 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036
Diana L. Bell director CORSAIR COMPONENTS INC., 46221 LANDING PARKWAY, FREMONT CA 94538
Eagletree Partners Iv Ultimate Gp, Llc 10 percent owner C/O EAGLETREE CAPITAL, LP, 1185 AVENUE OF THE AMERICAS, 39TH FLOOR, NEW YORK NY 10036