PlayWay (FRA:6P5) Cyclically Adjusted PB Ratio: 4.91 (As of Aug. 09, 2026) — Near Median

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FRA:6P5 PlayWay SA FRA:6P5
90 GF Score
Price €56.50
GF Value €71.49
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PlayWay Cyclically Adjusted PB Ratio?

PlayWay FRA:6P5 -1.05% 90 Cyclically Adjusted PB Ratio is 4.91 as of Aug. 09, 2026, which is 6% below its 10-year median of 5.20. GuruFocus rates FRA:6P5 with a GF Score™ of 90/100 and a GF Value™ of €71.49 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 346 Interactive Media companies, PlayWay ranks worse than 83.53% on this metric.

As of today (2026-08-09), PlayWay's current share price is €56.50. PlayWay's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €11.51. PlayWay's Cyclically Adjusted PB Ratio for today is 4.91.

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

FRA:6P5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.62   Med: 5.2   Max: 6.69
Current: 4.84

During the past years, PlayWay's highest Cyclically Adjusted PB Ratio was 6.69. The lowest was 4.62. And the median was 5.20.

FRA:6P5's Cyclically Adjusted PB Ratio is ranked worse than
83.53% of 346 companies
in the Interactive Media industry
Industry Median: 1.505 vs FRA:6P5: 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.

PlayWay's adjusted book value per share data for the three months ended in Mar. 2026 was €13.733. 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 €11.51 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PlayWay  (FRA:6P5) 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.


PlayWay Cyclically Adjusted PB Ratio Related Terms


PlayWay Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PlayWay'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.

PlayWay Cyclically Adjusted PB Ratio Chart

PlayWay 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 5.17

PlayWay 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 6.71 5.87 5.17 4.81

FRA:6P5 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, PlayWay'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.


PlayWay Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


FRA:6P5
90GF Score
PlayWay SA FRA:6P5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PlayWay 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.

PlayWay's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.50/11.51
=4.91

* 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.

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

For example, PlayWay'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)
=13.733/163.0700*163.0700
=13.733

Current CPI (Mar. 2026) = 163.0700.

PlayWay Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 99.552 0.000
201609 0.712 99.064 1.172
201612 1.718 100.366 2.791
201703 1.784 101.018 2.880
201706 1.842 101.180 2.969
201709 2.147 101.343 3.455
201712 2.306 102.564 3.666
201803 2.805 102.564 4.460
201806 2.828 103.378 4.461
201809 3.079 103.378 4.857
201812 3.471 103.785 5.454
201903 3.974 104.274 6.215
201906 4.573 105.983 7.036
201909 4.940 105.983 7.601
201912 6.238 107.123 9.496
202003 7.050 109.076 10.540
202006 9.676 109.402 14.423
202009 10.998 109.320 16.405
202012 12.703 109.565 18.906
202103 13.658 112.658 19.770
202106 12.054 113.960 17.249
202109 13.679 115.588 19.298
202112 15.658 119.088 21.441
202203 16.811 125.031 21.926
202206 13.634 131.705 16.881
202209 15.000 135.531 18.048
202212 14.980 139.113 17.560
202303 16.066 145.950 17.951
202306 12.708 147.009 14.096
202309 13.738 146.113 15.332
202312 14.328 147.741 15.815
202403 15.564 149.044 17.029
202406 11.882 150.997 12.832
202409 13.319 153.439 14.155
202412 15.006 154.660 15.822
202503 15.723 157.021 16.329
202506 11.606 157.509 12.016
202509 12.610 158.000 13.015
202512 12.466 158.320 12.840
202603 13.733 163.070 13.733

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 4.91 mean?
PlayWay (FRA:6P5) has a Cyclically Adjusted PB Ratio of 4.91 as of Aug. 09, 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 PlayWay and its competitors. This is near median its historical median of 5.20. Over the past decade, PlayWay's Cyclically Adjusted PB Ratio has ranged from 4.62 to 6.69. According to the industry distribution chart, PlayWay ranks #289 out of 346 companies in the Interactive Media industry, placing it in the top 83.5%.
Is PlayWay's Cyclically Adjusted PB Ratio too high?
PlayWay's current Cyclically Adjusted PB Ratio of 4.91 is near median its 10-year median of 5.20. Over the past 10 years, this metric has ranged from a low of 4.62 to a high of 6.69. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. PlayWay's value of 4.91 is 226.2% above this industry median. Based on the distribution chart, PlayWay ranks #289 out of 346 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, PlayWay has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PlayWay's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, PlayWay ranks #289 out of 346 companies for Cyclically Adjusted PB Ratio. This places PlayWay in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. PlayWay's value of 4.91 is 226.2% above this benchmark. Historically, PlayWay's own Cyclically Adjusted PB Ratio has ranged from 4.62 to 6.69 over the past decade. While the company's 10-year median is 5.20 vs. the industry median of 1.51, PlayWay 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 1.51, based on 346 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. PlayWay's current Cyclically Adjusted PB Ratio of 4.91 is 226.2% 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 PlayWay and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlayWay's current Cyclically Adjusted PB Ratio is 4.91, which is near median its own 10-year median of 5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayWay stock overvalued right now?
Based on GuruFocus' analysis, PlayWay (FRA:6P5) is currently considered Modestly Undervalued. The stock's GF Value™ is €71.49, compared to a current price of €56.50 — trading 21% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.91, which is near median its 10-year median of 5.20 and 226.2% above the Interactive Media industry median of 1.51. PlayWay's overall GF Score™ is 90/100 with 7 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 PlayWay (FRA:6P5), the current Cyclically Adjusted PB Ratio is 4.91 as of Aug. 09, 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 PlayWay (FRA:6P5) Overvalued in 2026?

Based on GuruFocus' analysis, PlayWay stock appears to be undervalued. The current stock price of €56.50 is trading 21% below its estimated GF Value™ of €71.49. GuruFocus considers PlayWay to be Modestly Undervalued.

Key valuation signals for FRA:6P5:

  • Cyclically Adjusted PB Ratio: 4.91 (near median its 10-year median of 5.20)
  • GF Value™: €71.49 vs. price of €56.50 (21% below fair value)
  • GF Score™: 90/100 with 7 warning signs
  • Industry Position: 226.2% above the Interactive Media median (#289 of 346)

No single metric tells the full story. See the FRA:6P5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PlayWay Business Description

Other Exchanges PLW:Poland6P5:Germany
Address ul. Minsk, 69, Warsaw, POL, 03-828
PlayWay SA is a producer and publisher of computer and mobile games in Poland. The company provides with various games including Out of Reach: Treasure Royale, Car Manufacture, Schizm 3: Nemezis And Split among others.
90GF Score

Get the complete analysis for FRA:6P5

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

€56.50
Price
€71.49
GF Value