Vivid Games (WAR:VVD) Cyclically Adjusted Book per Share: zł0.67 (As of Mar. 2026)


WAR:VVD Vivid Games SA WAR:VVD
38 GF Score
Price zł0.59
GF Value zł0.19
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Vivid Games Cyclically Adjusted Book per Share?

Vivid Games WAR:VVD 38 Cyclically Adjusted Book per Share is zł0.67 as of Mar. 2026. GuruFocus rates WAR:VVD with a GF Score™ of 38/100 and a GF Value™ of zł0.19 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Vivid Games's adjusted book value per share for the three months ended in Mar. 2026 was zł0.071. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is zł0.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Vivid Games's average Cyclically Adjusted Book Growth Rate was -13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Vivid Games was -0.50% per year. The lowest was -0.50% per year. And the median was -0.50% per year.

As of today (2026-07-07), Vivid Games's current stock price is zł0.592. Vivid Games's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.67. Vivid Games's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vivid Games was 2.34. The lowest was 0.47. And the median was 1.13.


Vivid Games  (WAR:VVD) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Vivid Games's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.592/0.67
=0.88

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vivid Games was 2.34. The lowest was 0.47. And the median was 1.13.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Vivid Games Cyclically Adjusted Book per Share Related Terms


Vivid Games Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vivid Games's Cyclically Adjusted Book per Share 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.

Vivid Games Cyclically Adjusted Book per Share Chart

Vivid Games Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.69 0.72 0.74 0.68

Vivid Games Quarterly Data
Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 0.75 0.74 0.73 0.68 0.67

WAR:VVD vs NTES, EA, TTWO: Cyclically Adjusted Book per Share Comparison

For the Electronic Gaming & Multimedia subindustry, Vivid Games's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Vivid Games Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vivid Games's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vivid Games's Cyclically Adjusted PB Ratio falls into.


WAR:VVD
38GF Score
Vivid Games SA WAR:VVD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivid Games Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Vivid Games's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.071/163.0700*163.0700
=0.071

Current CPI (Mar. 2026) = 163.0700.

Vivid Games Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.751 98.983 1.237
201606 0.830 99.552 1.360
201609 0.799 99.064 1.315
201612 0.872 100.366 1.417
201703 0.817 101.018 1.319
201706 0.869 101.180 1.401
201709 0.851 101.343 1.369
201712 0.639 102.564 1.016
201803 0.586 102.564 0.932
201806 0.625 103.378 0.986
201809 0.503 103.378 0.793
201812 0.529 103.785 0.831
201903 0.507 104.274 0.793
201906 0.501 105.983 0.771
201909 0.000 105.983 0.000
201912 0.553 107.123 0.842
202003 0.587 109.076 0.878
202006 0.568 109.402 0.847
202009 0.665 109.320 0.992
202012 0.668 109.565 0.994
202103 0.659 112.658 0.954
202106 0.613 113.960 0.877
202109 0.610 115.588 0.861
202203 0.207 125.031 0.270
202206 0.208 131.705 0.258
202209 0.296 135.531 0.356
202212 0.227 139.113 0.266
202303 0.227 145.950 0.254
202306 0.243 147.009 0.270
202309 0.231 146.113 0.258
202312 0.149 147.741 0.164
202403 0.139 149.044 0.152
202406 0.138 150.997 0.149
202409 0.125 153.439 0.133
202412 0.283 154.660 0.298
202503 0.166 157.021 0.172
202506 0.128 157.509 0.133
202509 0.116 158.000 0.120
202512 0.083 158.320 0.085
202603 0.071 163.070 0.071

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of zł0.67 mean?
Vivid Games (WAR:VVD) has a Cyclically Adjusted Book per Share of zł0.67 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Vivid Games and its competitors.
Is Vivid Games' Cyclically Adjusted Book per Share too high?
Vivid Games' current Cyclically Adjusted Book per Share is zł0.67. Overall, Vivid Games has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Games' Cyclically Adjusted Book per Share compare to NTES and EA?
Vivid Games' Cyclically Adjusted Book per Share of zł0.67 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Vivid Games and its competitors. Vivid Games's current Cyclically Adjusted Book per Share is zł0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivid Games stock overvalued right now?
Based on GuruFocus' analysis, Vivid Games (WAR:VVD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.19, compared to a current price of zł0.59 — trading 211.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł0.67. Vivid Games' overall GF Score™ is 38/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Vivid Games (WAR:VVD), the current Cyclically Adjusted Book per Share is zł0.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vivid Games (WAR:VVD) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Games stock appears to be overvalued. The current stock price of zł0.59 is trading 211.6% above its estimated GF Value™ of zł0.19. GuruFocus considers Vivid Games to be Significantly Overvalued.

Key valuation signals for WAR:VVD:

  • Cyclically Adjusted Book per Share: zł0.67
  • GF Value™: zł0.19 vs. price of zł0.59 (211.6% above fair value)
  • GF Score™: 38/100 with 5 warning signs

No single metric tells the full story. See the WAR:VVD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vivid Games Business Description

Address Gdansk 160, Bydgoszcz, POL, 85674
Vivid Games SA is a leading mobile games development studio in Poland. The company produces top-notch mobile entertainment. It also designs and develops games for Android, iOS, PSP Minis, Mobile, NDS, MAC, PC and DSi operating systems.
38GF Score

Get the complete analysis for WAR:VVD

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł0.59
Price
zł0.19
GF Value