5th Planet Games AS (FRA:2HG1) Cyclically Adjusted PB Ratio: 0.73 (As of Aug. 17, 2026) — 40% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:2HG1 5th Planet Games AS FRA:2HG1
35 GF Score
Price €0.12
GF Value €0.03
! 4 Warning Signs
View Full Analysis

What is 5th Planet Games AS Cyclically Adjusted PB Ratio?

5th Planet Games AS FRA:2HG1 +4.04% 35 Cyclically Adjusted PB Ratio is 0.73 as of Aug. 17, 2026, which is 40% above its 10-year median of 0.52. GuruFocus rates FRA:2HG1 with a GF Score™ of 35/100 and a GF Value™ of €0.03. The stock has 4 warning signs investors should review. Among 344 Interactive Media companies, 5th Planet Games AS ranks better than 70.35% on this metric.

As of today (2026-08-17), 5th Planet Games AS's current share price is €0.116. 5th Planet Games AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.16. 5th Planet Games AS's Cyclically Adjusted PB Ratio for today is 0.73.

The historical rank and industry rank for 5th Planet Games AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:2HG1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.52   Max: 1.16
Current: 0.72

During the past years, 5th Planet Games AS's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.31. And the median was 0.52.

FRA:2HG1's Cyclically Adjusted PB Ratio is ranked better than
70.35% of 344 companies
in the Interactive Media industry
Industry Median: 1.49 vs FRA:2HG1: 0.72

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.

5th Planet Games AS's adjusted book value per share data for the three months ended in Mar. 2026 was €0.039. 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 €0.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


5th Planet Games AS  (FRA:2HG1) 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.


5th Planet Games AS Cyclically Adjusted PB Ratio Related Terms


5th Planet Games AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for 5th Planet Games AS'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.

5th Planet Games AS Cyclically Adjusted PB Ratio Chart

5th Planet Games AS 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 0.00 0.00 0.00 0.00 0.40

5th Planet Games AS 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 0.00 0.00 0.33 0.40 1.00

FRA:2HG1 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, 5th Planet Games AS'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.


5th Planet Games AS Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 5th Planet Games AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 5th Planet Games AS's Cyclically Adjusted PB Ratio falls into.


FRA:2HG1
35GF Score
5th Planet Games AS FRA:2HG1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

5th Planet Games AS 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.

5th Planet Games AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.116/0.16
=0.73

* 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.

5th Planet Games AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, 5th Planet Games AS'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)
=0.039/121.6800*121.6800
=0.039

Current CPI (Mar. 2026) = 121.6800.

5th Planet Games AS Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.600 0.000
201406 0.000 99.700 0.000
201409 0.000 99.700 0.000
201412 0.432 99.400 0.529
201503 0.457 100.200 0.555
201506 0.782 100.300 0.949
201509 0.973 100.200 1.182
201512 0.837 99.800 1.021
201603 0.777 100.200 0.944
201606 0.667 100.600 0.807
201612 0.162 100.300 0.197
201706 0.172 101.200 0.207
201712 0.144 101.300 0.173
201806 0.118 102.300 0.140
201812 0.065 102.100 0.077
201906 0.045 102.900 0.053
201912 0.014 102.900 0.017
202006 0.006 103.200 0.007
202012 0.026 103.400 0.031
202103 0.000 104.300 0.000
202106 0.013 105.000 0.015
202109 0.000 105.800 0.000
202112 0.025 106.600 0.029
202203 -0.002 109.900 -0.002
202206 -0.018 113.600 -0.019
202209 0.028 116.400 0.029
202212 0.019 115.900 0.020
202303 0.017 117.300 0.018
202306 0.012 116.400 0.013
202309 0.042 117.400 0.044
202312 0.038 116.700 0.040
202403 0.043 118.400 0.044
202406 0.043 118.500 0.044
202409 0.041 118.900 0.042
202412 0.039 118.900 0.040
202503 0.039 120.200 0.039
202506 0.044 120.700 0.044
202509 0.043 121.600 0.043
202512 0.039 121.200 0.039
202603 0.039 121.680 0.039

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 0.73 mean?
5th Planet Games AS (FRA:2HG1) has a Cyclically Adjusted PB Ratio of 0.73 as of Aug. 17, 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 5th Planet Games AS and its competitors. This is 40% above median its historical median of 0.52. Over the past decade, 5th Planet Games AS's Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.16. According to the industry distribution chart, 5th Planet Games AS ranks #102 out of 344 companies in the Interactive Media industry, placing it in the top 29.7%.
Is 5th Planet Games AS's Cyclically Adjusted PB Ratio too high?
5th Planet Games AS's current Cyclically Adjusted PB Ratio of 0.73 is 40% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.16. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.49. 5th Planet Games AS's value of 0.73 is 51% below this industry median. Based on the distribution chart, 5th Planet Games AS ranks #102 out of 344 companies in the Interactive Media industry, which is above the industry midpoint. Overall, 5th Planet Games AS has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does 5th Planet Games AS's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, 5th Planet Games AS ranks #102 out of 344 companies for Cyclically Adjusted PB Ratio. This puts 5th Planet Games AS in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.49. 5th Planet Games AS's value of 0.73 is 51% below this benchmark. Historically, 5th Planet Games AS's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.16 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.49, 5th Planet Games AS has consistently been below 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 1.49, based on 344 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. 5th Planet Games AS's current Cyclically Adjusted PB Ratio of 0.73 is 51% below 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 5th Planet Games AS and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 5th Planet Games AS's current Cyclically Adjusted PB Ratio is 0.73, which is 40% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 5th Planet Games AS stock overvalued right now?
5th Planet Games AS (FRA:2HG1) has a current Cyclically Adjusted PB Ratio of 0.73. The stock's GF Value™ is €0.03, compared to a current price of €0.12 — trading 286.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.73, which is 40% above median its 10-year median of 0.52 and 51% below the Interactive Media industry median of 1.49. 5th Planet Games AS's overall GF Score™ is 35/100 with 4 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 5th Planet Games AS (FRA:2HG1), the current Cyclically Adjusted PB Ratio is 0.73 as of Aug. 17, 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 5th Planet Games AS (FRA:2HG1) Overvalued in 2026?

Based on GuruFocus' analysis, 5th Planet Games AS stock appears to be overvalued. The current stock price of €0.12 is trading 286.7% above its estimated GF Value™ of €0.03.

Key valuation signals for FRA:2HG1:

  • Cyclically Adjusted PB Ratio: 0.73 (40% above median its 10-year median of 0.52)
  • GF Value™: €0.03 vs. price of €0.12 (286.7% above fair value)
  • GF Score™: 35/100 with 4 warning signs
  • Industry Position: 51% below the Interactive Media median (#102 of 344)

No single metric tells the full story. See the FRA:2HG1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


5th Planet Games AS Business Description

Other Exchanges IDGAF:USA5PG:Norway
Address Gothersgade 11, Copenhagen K, DNK, 1123
5th Planet Games AS focused on the financing and publishing of video games, but with interests now extending into TV and Film production. It is a small, lean company that is backed by a Greatly driven executive team from Europe and the USA, each of whom have decades of experience in video game and entertainment creation, publishing, and distribution. The Company has one operating segment. The company has presence in Denmark, Ireland, Malta, France, Sweden, Poland, Other Europa, and USA. The company generates majority of revenue from USA.
35GF Score

Get the complete analysis for FRA:2HG1

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

€0.12
Price
€0.03
GF Value