One More Level (FRA:1OJ) Cyclically Adjusted PB Ratio: 4.90 (As of Aug. 19, 2026) — 13% Below Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:1OJ One More Level SA FRA:1OJ
38 GF Score
Price €0.49
GF Value €0.11
! 3 Warning Signs
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What is One More Level Cyclically Adjusted PB Ratio?

One More Level FRA:1OJ -0.41% 38 Cyclically Adjusted PB Ratio is 4.90 as of Aug. 19, 2026, which is 13% below its 10-year median of 5.64. GuruFocus rates FRA:1OJ with a GF Score™ of 38/100 and a GF Value™ of €0.11. The stock has 3 warning signs investors should review. Among 341 Interactive Media companies, One More Level ranks worse than 84.16% on this metric.

As of today (2026-08-19), One More Level's current share price is €0.49. One More Level's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.10. One More Level's Cyclically Adjusted PB Ratio for today is 4.90.

The historical rank and industry rank for One More Level's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:1OJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.87   Med: 5.64   Max: 24.04
Current: 4.84

During the past years, One More Level's highest Cyclically Adjusted PB Ratio was 24.04. The lowest was 2.87. And the median was 5.64.

FRA:1OJ's Cyclically Adjusted PB Ratio is ranked worse than
84.16% of 341 companies
in the Interactive Media industry
Industry Median: 1.48 vs FRA:1OJ: 4.84

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.

One More Level's adjusted book value per share data for the three months ended in Mar. 2026 was €0.048. 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 €0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


One More Level  (FRA:1OJ) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


One More Level Cyclically Adjusted PB Ratio Related Terms


One More Level Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for One More Level's Cyclically Adjusted PB 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.

One More Level Cyclically Adjusted PB Ratio Chart

One More Level Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.75 5.89 4.69 3.26 5.10

One More Level Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB 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 3.38 3.54 6.02 5.10 5.59

FRA:1OJ vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, One More Level'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.


One More Level Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

* The bar in red indicates where One More Level's Cyclically Adjusted PB Ratio falls into.


FRA:1OJ
38GF Score
One More Level SA FRA:1OJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

One More Level Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

One More Level's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.49/0.10
=4.90

* 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.

One More Level's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, One More Level'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)
=0.048/163.0700*163.0700
=0.048

Current CPI (Mar. 2026) = 163.0700.

One More Level Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.012 99.552 -0.020
201609 -0.013 99.064 -0.021
201612 -0.012 100.366 -0.019
201703 0.000 101.018 0.000
201706 0.000 101.180 0.000
201709 -0.001 101.343 -0.002
201712 -0.003 102.564 -0.005
201803 0.159 102.564 0.253
201806 0.160 103.378 0.252
201809 0.160 103.378 0.252
201812 0.151 103.785 0.237
201903 0.152 104.274 0.238
201906 0.152 105.983 0.234
201909 0.152 105.983 0.234
201912 0.125 107.123 0.190
202003 0.144 109.076 0.215
202006 0.113 109.402 0.168
202009 0.108 109.320 0.161
202012 0.085 109.565 0.127
202103 0.080 112.658 0.116
202106 0.092 113.960 0.132
202109 0.098 115.588 0.138
202112 0.100 119.088 0.137
202203 0.095 125.031 0.124
202206 0.092 131.705 0.114
202209 0.084 135.531 0.101
202212 0.091 139.113 0.107
202303 0.080 145.950 0.089
202306 0.065 147.009 0.072
202309 0.053 146.113 0.059
202312 0.025 147.741 0.028
202403 0.055 149.044 0.060
202406 0.050 150.997 0.054
202409 0.078 153.439 0.083
202412 0.038 154.660 0.040
202503 0.060 157.021 0.062
202506 0.081 157.509 0.084
202509 0.073 158.000 0.075
202512 0.053 158.320 0.055
202603 0.048 163.070 0.048

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

What does a Cyclically Adjusted PB Ratio of 4.90 mean?
One More Level (FRA:1OJ) has a Cyclically Adjusted PB Ratio of 4.90 as of Aug. 19, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on One More Level and its competitors. This is 13% below median its historical median of 5.64. Over the past decade, One More Level's Cyclically Adjusted PB Ratio has ranged from 2.87 to 24.04. According to the industry distribution chart, One More Level ranks #287 out of 341 companies in the Interactive Media industry, placing it in the top 84.2%.
Is One More Level's Cyclically Adjusted PB Ratio too high?
One More Level's current Cyclically Adjusted PB Ratio of 4.90 is 13% below median its 10-year median of 5.64. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 24.04. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.48. One More Level's value of 4.90 is 231.1% above this industry median. Based on the distribution chart, One More Level ranks #287 out of 341 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, One More Level has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does One More Level's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, One More Level ranks #287 out of 341 companies for Cyclically Adjusted PB Ratio. This places One More Level in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.48. One More Level's value of 4.90 is 231.1% above this benchmark. Historically, One More Level's own Cyclically Adjusted PB Ratio has ranged from 2.87 to 24.04 over the past decade. While the company's 10-year median is 5.64 vs. the industry median of 1.48, One More Level has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.48, based on 341 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. One More Level's current Cyclically Adjusted PB Ratio of 4.90 is 231.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on One More Level and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. One More Level's current Cyclically Adjusted PB Ratio is 4.90, which is 13% below median its own 10-year median of 5.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is One More Level stock overvalued right now?
One More Level (FRA:1OJ) has a current Cyclically Adjusted PB Ratio of 4.90. The stock's GF Value™ is €0.11, compared to a current price of €0.49 — trading 345.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.90, which is 13% below median its 10-year median of 5.64 and 231.1% above the Interactive Media industry median of 1.48. One More Level's overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For One More Level (FRA:1OJ), the current Cyclically Adjusted PB Ratio is 4.90 as of Aug. 19, 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 One More Level (FRA:1OJ) Overvalued in 2026?

Based on GuruFocus' analysis, One More Level stock appears to be overvalued. The current stock price of €0.49 is trading 345.5% above its estimated GF Value™ of €0.11.

Key valuation signals for FRA:1OJ:

  • Cyclically Adjusted PB Ratio: 4.90 (13% below median its 10-year median of 5.64)
  • GF Value™: €0.11 vs. price of €0.49 (345.5% above fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 231.1% above the Interactive Media median (#287 of 341)

No single metric tells the full story. See the FRA:1OJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


One More Level Business Description

Other Exchanges OML:Poland
Address Os. Z?ota Wieku 89, Cracow, POL, 31-618
One More Level SA is a game development studio in Poland. The company publishes video games such as Warlocks vs Shadows, Deadlings, Race to Mars. It is a certified publisher for platforms Xbox One, PS4, PSVITA, Nintendo and Steam.
38GF Score

Get the complete analysis for FRA:1OJ

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

€0.49
Price
€0.11
GF Value