Corsair Gaming Stock Price To Earning

CRSR Stock

USD 7.38 0.16 2.22%

Corsair Gaming fundamentals help investors to digest information that contributes to Corsair Gaming's financial success or failures. It also enables traders to predict the movement of Corsair Stock. The fundamental analysis module provides a way to measure Corsair Gaming's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Corsair Gaming stock.

Total Current Liabilities Other Current Liab

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Corsair Gaming Company Price To Earning Analysis

Corsair Gaming's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Corsair Gaming Price To Earning

32.94 X

Most of Corsair Gaming's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Corsair Gaming is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Corsair Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Corsair Gaming is extremely important. It helps to project a fair market value of Corsair Stock properly, considering its historical fundamentals such as Price To Earning. Since Corsair Gaming's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Corsair Gaming's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Corsair Gaming's interrelated accounts and indicators.

	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Long Term Debt	Good Will	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Long Term Debt Total	Capital Surpluse	Short Term Investments
Net Tangible Assets		0.91	0.04	0.11	0.25	-0.17	0.47	0.33	0.49	0.31	-0.59	-0.71	0.26	-0.46	0.42	0.36	-0.03	0.27	0.48	0.25	-0.76	-0.59	0.53	-0.4
Retained Earnings	0.91		-0.03	0.05	0.14	-0.21	0.17	0.2	0.34	0.24	-0.37	-0.56	0.08	-0.34	0.31	0.18	0.06	0.1	0.33	0.29	-0.56	-0.42	0.32	-0.18
Accounts Payable	0.04	-0.03		0.95	0.94	0.65	0.52	0.9	0.79	-0.4	-0.72	-0.61	0.83	0.63	0.89	0.81	-0.85	0.06	0.76	-0.77	-0.32	-0.57	0.54	-0.37
Net Receivables	0.11	0.05	0.95		0.98	0.72	0.6	0.96	0.88	-0.22	-0.76	-0.68	0.91	0.58	0.92	0.91	-0.94	0.27	0.87	-0.81	-0.38	-0.69	0.59	-0.35
Total Current Assets	0.25	0.14	0.94	0.98		0.68	0.68	0.98	0.94	-0.15	-0.84	-0.78	0.93	0.47	0.96	0.94	-0.9	0.31	0.93	-0.72	-0.5	-0.77	0.69	-0.39
Common Stock	-0.17	-0.21	0.65	0.72	0.68		0.56	0.64	0.61	-0.01	-0.56	-0.48	0.65	0.25	0.59	0.64	-0.6	0.24	0.61	-0.49	-0.35	-0.54	0.5	-0.34
Property Plant Equipment	0.47	0.17	0.52	0.6	0.68	0.56		0.76	0.82	0.34	-0.91	-0.79	0.83	-0.21	0.68	0.84	-0.57	0.45	0.83	-0.33	-0.83	-0.89	0.89	-0.79
Total Assets	0.33	0.2	0.9	0.96	0.98	0.64	0.76		0.95	-0.08	-0.88	-0.79	0.97	0.4	0.94	0.98	-0.92	0.33	0.95	-0.74	-0.56	-0.83	0.73	-0.51
Total Stockholder Equity	0.49	0.34	0.79	0.88	0.94	0.61	0.82	0.95		0.09	-0.93	-0.91	0.93	0.19	0.95	0.96	-0.79	0.46	1.0	-0.54	-0.72	-0.91	0.82	-0.49
Current Deferred Revenue	0.31	0.24	-0.4	-0.22	-0.15	-0.01	0.34	-0.08	0.09		-0.07	-0.19	0.04	-0.67	-0.21	0.09	0.16	0.14	0.15	0.31	-0.47	-0.45	0.41	-0.33
Net Debt	-0.59	-0.37	-0.72	-0.76	-0.84	-0.56	-0.91	-0.88	-0.93	-0.07		0.93	-0.85	0.03	-0.88	-0.89	0.64	-0.36	-0.91	0.37	0.85	0.9	-0.86	0.71
Long Term Debt	-0.71	-0.56	-0.61	-0.68	-0.78	-0.48	-0.79	-0.79	-0.91	-0.19	0.93		-0.72	0.13	-0.86	-0.8	0.49	-0.39	-0.9	0.17	0.9	0.9	-0.84	0.55
Good Will	0.26	0.08	0.83	0.91	0.93	0.65	0.83	0.97	0.93	0.04	-0.85	-0.72		0.34	0.87	0.99	-0.93	0.4	0.93	-0.77	-0.54	-0.83	0.76	-0.55
Total Liab	-0.46	-0.34	0.63	0.58	0.47	0.25	-0.21	0.4	0.19	-0.67	0.03	0.13	0.34		0.36	0.27	-0.62	-0.14	0.17	-0.79	0.5	0.14	-0.17	0.31
Deferred Long Term Liab	0.42	0.31	0.89	0.92	0.96	0.59	0.68	0.94	0.95	-0.21	-0.88	-0.86	0.87	0.36		0.9	-0.78	0.36	0.93	-0.57	-0.59	-0.76	0.69	-0.37
Net Invested Capital	0.36	0.18	0.81	0.91	0.94	0.64	0.84	0.98	0.96	0.09	-0.89	-0.8	0.99	0.27	0.9		-0.9	0.43	0.97	-0.7	-0.62	-0.89	0.79	-0.56
Short Long Term Debt	-0.03	0.06	-0.85	-0.94	-0.9	-0.6	-0.57	-0.92	-0.79	0.16	0.64	0.49	-0.93	-0.62	-0.78	-0.9		-0.32	-0.79	0.94	0.22	0.62	-0.49	0.33
Capital Stock	0.27	0.1	0.06	0.27	0.31	0.24	0.45	0.33	0.46	0.14	-0.36	-0.39	0.4	-0.14	0.36	0.43	-0.32		0.47	-0.16	-0.25	-0.37	0.15	0.1
Net Working Capital	0.48	0.33	0.76	0.87	0.93	0.61	0.83	0.95	1.0	0.15	-0.91	-0.9	0.93	0.17	0.93	0.97	-0.79	0.47		-0.54	-0.72	-0.93	0.83	-0.5
Short Term Debt	0.25	0.29	-0.77	-0.81	-0.72	-0.49	-0.33	-0.74	-0.54	0.31	0.37	0.17	-0.77	-0.79	-0.57	-0.7	0.94	-0.16	-0.54		-0.1	0.34	-0.23	0.17
Intangible Assets	-0.76	-0.56	-0.32	-0.38	-0.5	-0.35	-0.83	-0.56	-0.72	-0.47	0.85	0.9	-0.54	0.5	-0.59	-0.62	0.22	-0.25	-0.72	-0.1		0.88	-0.87	0.74
Long Term Debt Total	-0.59	-0.42	-0.57	-0.69	-0.77	-0.54	-0.89	-0.83	-0.91	-0.45	0.9	0.9	-0.83	0.14	-0.76	-0.89	0.62	-0.37	-0.93	0.34	0.88		-0.92	0.69
Capital Surpluse	0.53	0.32	0.54	0.59	0.69	0.5	0.89	0.73	0.82	0.41	-0.86	-0.84	0.76	-0.17	0.69	0.79	-0.49	0.15	0.83	-0.23	-0.87	-0.92		-0.76
Short Term Investments	-0.4	-0.18	-0.37	-0.35	-0.39	-0.34	-0.79	-0.51	-0.49	-0.33	0.71	0.55	-0.55	0.31	-0.37	-0.56	0.33	0.1	-0.5	0.17	0.74	0.69	-0.76

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Corsair Retained Earnings

Retained Earnings

42.43 Million

At this time, Corsair Gaming's Retained Earnings are relatively stable compared to the past year.

Based on the latest financial disclosure, Corsair Gaming has a Price To Earning of 32.94 times. This is 19.0% higher than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The price to earning for all United States stocks is 14.69% lower than that of the firm.

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Corsair Gaming ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Corsair Gaming's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Corsair Gaming's managers, analysts, and investors.

Environmental

Governance

Social

Corsair Fundamentals

	Return On Equity	-0.12
	Return On Asset	-0.0215
	Profit Margin	(0.06) %
	Operating Margin	(0.07) %
	Current Valuation	957.23 M
	Shares Outstanding	104.7 M
	Shares Owned By Insiders	3.18 %
	Shares Owned By Institutions	86.33 %
	Number Of Shares Shorted	3.26 M
	Price To Earning	32.94 X
	Price To Book	1.29 X
	Price To Sales	0.59 X
	Revenue	1.46 B
	Gross Profit	296.63 M
	EBITDA	60.39 M
	Net Income	3.19 M
	Cash And Equivalents	57.27 M
	Cash Per Share	0.60 X
	Total Debt	246.5 M
	Debt To Equity	0.53 %
	Current Ratio	1.59 X
	Book Value Per Share	5.72 X
	Cash Flow From Operations	89.15 M
	Short Ratio	8.63 X
	Earnings Per Share	(0.91) X
	Price To Earnings To Growth	41.50 X
	Target Price	8.86
	Number Of Employees	2.39 K
	Beta	1.58
	Market Capitalization	772.69 M
	Total Asset	1.36 B
	Retained Earnings	40.41 M
	Working Capital	293.1 M
	Net Asset	1.36 B

About Corsair Gaming Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Corsair Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corsair Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corsair Gaming based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Corsair Gaming

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corsair Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corsair Gaming will appreciate offsetting losses from the drop in the long position's value.

Moving together with Corsair Stock

0.64

EXTR

Extreme Networks

Pair Corr

Moving against Corsair Stock

0.37

NTIP

Network 1 Technologies

Pair Corr

The ability to find closely correlated positions to Corsair Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corsair Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corsair Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corsair Gaming to buy it.

The correlation of Corsair Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corsair Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corsair Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Corsair Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Corsair Stock Analysis

When running Corsair Gaming's price analysis, check to measure Corsair Gaming'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 Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.

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