Jumpgate AB (NGM:GATE) Cyclically Adjusted PB Ratio: 0.03 (As of Jul. 17, 2026) — Near Median

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NGM:GATE Jumpgate AB NGM:GATE
41 GF Score
Price kr2.14
GF Value kr1.19
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Jumpgate AB Cyclically Adjusted PB Ratio?

Jumpgate AB NGM:GATE +6.47% 41 Cyclically Adjusted PB Ratio is 0.03 as of Jul. 17, 2026, which is at its 10-year median of 0.03. GuruFocus rates NGM:GATE with a GF Score™ of 41/100 and a GF Value™ of kr1.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 347 Interactive Media companies, Jumpgate AB ranks better than 98.85% on this metric.

As of today (2026-07-17), Jumpgate AB's current share price is kr2.14. Jumpgate AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr69.90. Jumpgate AB's Cyclically Adjusted PB Ratio for today is 0.03.

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

NGM:GATE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.04
Current: 0.03

During the past years, Jumpgate AB's highest Cyclically Adjusted PB Ratio was 0.04. The lowest was 0.02. And the median was 0.03.

NGM:GATE's Cyclically Adjusted PB Ratio is ranked better than
98.85% of 347 companies
in the Interactive Media industry
Industry Median: 1.5 vs NGM:GATE: 0.03

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.

Jumpgate AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr3.377. 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 kr69.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jumpgate AB  (NGM:GATE) 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.


Jumpgate AB Cyclically Adjusted PB Ratio Related Terms


Jumpgate AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jumpgate AB'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.

Jumpgate AB Cyclically Adjusted PB Ratio Chart

Jumpgate AB 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 0.02

Jumpgate AB 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 0.04 0.02 0.02 0.02 0.03

NGM:GATE vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Jumpgate AB'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.


Jumpgate AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


NGM:GATE
41GF Score
Jumpgate AB NGM:GATE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jumpgate AB 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.

Jumpgate AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.14/69.90
=0.03

* 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.

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

For example, Jumpgate AB'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)
=3.377/133.5600*133.5600
=3.377

Current CPI (Mar. 2026) = 133.5600.

Jumpgate AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 141.579 101.019 187.185
201609 549.053 101.138 725.068
201612 435.421 102.022 570.025
201703 281.684 102.022 368.763
201706 98.737 102.752 128.341
201709 25.632 103.279 33.147
201712 -85.333 103.793 -109.806
201803 67.082 103.962 86.180
201806 97.397 104.875 124.037
201809 151.426 105.679 191.377
201812 58.118 105.912 73.290
201903 30.618 105.886 38.620
201906 -10.706 106.742 -13.396
201909 -72.191 107.214 -89.931
201912 12.367 107.766 15.327
202003 -5.205 106.563 -6.524
202006 21.511 107.498 26.726
202009 11.480 107.635 14.245
202012 22.280 108.296 27.478
202103 31.448 108.360 38.762
202106 32.552 108.928 39.913
202109 33.690 110.338 40.780
202112 31.006 112.486 36.815
202203 27.531 114.825 32.023
202206 25.598 118.384 28.880
202209 23.774 122.296 25.964
202212 18.201 126.365 19.237
202303 15.103 127.042 15.878
202306 46.695 129.407 48.194
202309 16.472 130.224 16.894
202312 10.787 131.912 10.922
202403 9.527 132.205 9.625
202406 8.221 132.716 8.273
202409 6.867 132.304 6.932
202412 6.470 132.987 6.498
202503 5.457 132.825 5.487
202506 4.074 133.699 4.070
202509 4.071 133.480 4.073
202512 3.446 133.390 3.450
202603 3.377 133.560 3.377

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 0.03 mean?
Jumpgate AB (NGM:GATE) has a Cyclically Adjusted PB Ratio of 0.03 as of Jul. 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 Jumpgate AB and its competitors. This is near median its historical median of 0.03. Over the past decade, Jumpgate AB's Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.04. According to the industry distribution chart, Jumpgate AB ranks #4 out of 347 companies in the Interactive Media industry, placing it in the top 1.2%.
Is Jumpgate AB's Cyclically Adjusted PB Ratio too high?
Jumpgate AB's current Cyclically Adjusted PB Ratio of 0.03 is near median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.04. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.50. Jumpgate AB's value of 0.03 is 98% below this industry median. Based on the distribution chart, Jumpgate AB ranks #4 out of 347 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Jumpgate AB has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jumpgate AB's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Jumpgate AB ranks #4 out of 347 companies for Cyclically Adjusted PB Ratio. This places Jumpgate AB in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.50. Jumpgate AB's value of 0.03 is 98% below this benchmark. Historically, Jumpgate AB's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.04 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.50, Jumpgate AB 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 1.50, based on 347 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. Jumpgate AB's current Cyclically Adjusted PB Ratio of 0.03 is 98% 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 Jumpgate AB and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jumpgate AB's current Cyclically Adjusted PB Ratio is 0.03, which is near median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jumpgate AB stock overvalued right now?
Based on GuruFocus' analysis, Jumpgate AB (NGM:GATE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.19, compared to a current price of kr2.14 — trading 79.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.03, which is near median its 10-year median of 0.03 and 98% below the Interactive Media industry median of 1.50. Jumpgate AB's overall GF Score™ is 41/100 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 Jumpgate AB (NGM:GATE), the current Cyclically Adjusted PB Ratio is 0.03 as of Jul. 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 Jumpgate AB (NGM:GATE) Overvalued in 2026?

Based on GuruFocus' analysis, Jumpgate AB stock appears to be overvalued. The current stock price of kr2.14 is trading 79.8% above its estimated GF Value™ of kr1.19. GuruFocus considers Jumpgate AB to be Significantly Overvalued.

Key valuation signals for NGM:GATE:

  • Cyclically Adjusted PB Ratio: 0.03 (near median its 10-year median of 0.03)
  • GF Value™: kr1.19 vs. price of kr2.14 (79.8% above fair value)
  • GF Score™: 41/100 with 7 warning signs
  • Industry Position: 98% below the Interactive Media median (#4 of 347)

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


Jumpgate AB Business Description

Address c/o the Lundin Group, Hovslagargatan 5, 3 tr, Stockholm, SWE, 111 48
Jumpgate AB is a gaming-focused holding company comprising four game studios: Nukklear (Hamburg), Tivola Games (Hamburg), gameXcite (Hamburg) and Funatics (Düsseldorf). The company develops, produces, and publishes games and other digital products across multiple distribution platforms. Geographically, the maximum revenue is derived from Europe, and the rest from Sweden, the USA, and Other countries.
41GF Score

Get the complete analysis for NGM:GATE

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

kr2.14
Price
kr1.19
GF Value