GREE Holdings (FRA:V3U) Cyclically Adjusted PB Ratio: 0.72 (As of Aug. 10, 2026) — 43% Below Median

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FRA:V3U GREE Holdings Inc FRA:V3U
74 GF Score
Price €2.04
GF Value €2.06
! 4 Warning Signs
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What is GREE Holdings Cyclically Adjusted PB Ratio?

GREE Holdings FRA:V3U +0.99% 74 Cyclically Adjusted PB Ratio is 0.72 as of Aug. 10, 2026, which is 43% below its 10-year median of 1.27. GuruFocus rates FRA:V3U with a GF Score™ of 74/100 and a GF Value™ of €2.06. The stock has 4 warning signs investors should review. Among 346 Interactive Media companies, GREE Holdings ranks better than 70.52% on this metric.

As of today (2026-08-10), GREE Holdings's current share price is €2.04. GREE Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €2.82. GREE Holdings's Cyclically Adjusted PB Ratio for today is 0.72.

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

FRA:V3U' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.27   Max: 2.62
Current: 0.72

During the past years, GREE Holdings's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 0.64. And the median was 1.27.

FRA:V3U's Cyclically Adjusted PB Ratio is ranked better than
70.52% of 346 companies
in the Interactive Media industry
Industry Median: 1.505 vs FRA:V3U: 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.

GREE Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was €2.947. 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 €2.82 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


GREE Holdings  (FRA:V3U) 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.


GREE Holdings Cyclically Adjusted PB Ratio Related Terms


GREE Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GREE Holdings'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.

GREE Holdings Cyclically Adjusted PB Ratio Chart

GREE Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.69 1.25 1.01 0.95

GREE Holdings 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 1.08 0.95 0.79 0.72 0.00

FRA:V3U vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, GREE Holdings'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.


GREE Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


FRA:V3U
74GF Score
GREE Holdings Inc FRA:V3U
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GREE Holdings 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.

GREE Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.04/2.82
=0.72

* 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.

GREE Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, GREE Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.947/113.0000*113.0000
=2.947

Current CPI (Dec. 2025) = 113.0000.

GREE Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 3.396 97.900 3.920
201606 3.697 98.100 4.259
201609 4.080 98.000 4.704
201612 3.869 98.400 4.443
201703 3.954 98.100 4.555
201706 3.750 98.500 4.302
201709 3.514 98.800 4.019
201712 3.544 99.400 4.029
201803 3.696 99.200 4.210
201806 3.730 99.200 4.249
201809 3.633 99.900 4.109
201812 3.731 99.700 4.229
201903 3.831 99.700 4.342
201906 3.935 99.800 4.455
201909 4.097 100.100 4.625
201912 4.104 100.500 4.614
202003 4.246 100.300 4.784
202006 4.114 99.900 4.653
202009 4.000 99.900 4.525
202012 4.090 99.300 4.654
202103 4.246 99.900 4.803
202106 4.295 99.500 4.878
202109 4.426 100.100 4.996
202112 3.913 100.100 4.417
202203 3.933 101.100 4.396
202206 3.705 101.800 4.113
202209 3.643 103.100 3.993
202212 3.451 104.100 3.746
202303 3.511 104.400 3.800
202306 3.539 105.200 3.801
202309 3.430 106.200 3.650
202312 3.421 106.800 3.620
202403 3.375 107.200 3.558
202406 3.284 108.200 3.430
202409 3.339 108.900 3.465
202412 3.395 110.700 3.466
202503 3.365 111.100 3.423
202506 3.275 111.700 3.313
202509 3.087 112.000 3.115
202512 2.947 113.000 2.947

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 0.72 mean?
GREE Holdings (FRA:V3U) has a Cyclically Adjusted PB Ratio of 0.72 as of Aug. 10, 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 GREE Holdings and its competitors. This is 43% below median its historical median of 1.27. Over the past decade, GREE Holdings' Cyclically Adjusted PB Ratio has ranged from 0.64 to 2.62. According to the industry distribution chart, GREE Holdings ranks #102 out of 346 companies in the Interactive Media industry, placing it in the top 29.5%.
Is GREE Holdings' Cyclically Adjusted PB Ratio too high?
GREE Holdings' current Cyclically Adjusted PB Ratio of 0.72 is 43% below median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.62. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. GREE Holdings' value of 0.72 is 52.2% below this industry median. Based on the distribution chart, GREE Holdings ranks #102 out of 346 companies in the Interactive Media industry, which is above the industry midpoint. Overall, GREE Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does GREE Holdings' Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, GREE Holdings ranks #102 out of 346 companies for Cyclically Adjusted PB Ratio. This puts GREE Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. GREE Holdings' value of 0.72 is 52.2% below this benchmark. Historically, GREE Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.64 to 2.62 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.51, GREE Holdings 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 1.51, 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. GREE Holdings's current Cyclically Adjusted PB Ratio of 0.72 is 52.2% 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 GREE Holdings 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. GREE Holdings's current Cyclically Adjusted PB Ratio is 0.72, which is 43% below median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GREE Holdings stock overvalued right now?
GREE Holdings (FRA:V3U) has a current Cyclically Adjusted PB Ratio of 0.72. The stock's GF Value™ is €2.06, compared to a current price of €2.04 — trading 1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.72, which is 43% below median its 10-year median of 1.27 and 52.2% below the Interactive Media industry median of 1.51. GREE Holdings' overall GF Score™ is 74/100 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 GREE Holdings (FRA:V3U), the current Cyclically Adjusted PB Ratio is 0.72 as of Aug. 10, 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 GREE Holdings (FRA:V3U) Overvalued in 2026?

Based on GuruFocus' analysis, GREE Holdings stock appears to be undervalued. The current stock price of €2.04 is trading 1% below its estimated GF Value™ of €2.06.

Key valuation signals for FRA:V3U:

  • Cyclically Adjusted PB Ratio: 0.72 (43% below median its 10-year median of 1.27)
  • GF Value™: €2.06 vs. price of €2.04 (1% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 52.2% below the Interactive Media median (#102 of 346)

No single metric tells the full story. See the FRA:V3U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GREE Holdings Business Description

Other Exchanges 3632:JapanV3U:Germany
Address 6-11-1 Roppongi, Roppongi Hills Mori Tower, Minato-ku, Tokyo, JPN
GREE Holdings Inc is a Japanese internet media company headquartered in Tokyo. It is engaged in developing the Game and Anime, Metaverse, DX, Manga, and Investment Business.
74GF Score

Get the complete analysis for FRA:V3U

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

€2.04
Price
€2.06
GF Value