ECC Games (STU:2UG) Cyclically Adjusted PB Ratio: 1.02 (As of Jul. 22, 2026) — 46% Above Median

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STU:2UG ECC Games SA STU:2UG
51 GF Score
Price €0.04
GF Value €0.03
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ECC Games Cyclically Adjusted PB Ratio?

ECC Games STU:2UG -1.92% 51 Cyclically Adjusted PB Ratio is 1.02 as of Jul. 22, 2026, which is 46% above its 10-year median of 0.70. GuruFocus rates STU:2UG with a GF Score™ of 51/100 and a GF Value™ of €0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 347 Interactive Media companies, ECC Games ranks better than 76.37% on this metric.

As of today (2026-07-22), ECC Games's current share price is €0.0408. ECC Games's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €0.04. ECC Games's Cyclically Adjusted PB Ratio for today is 1.02.

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

STU:2UG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.7   Max: 0.75
Current: 0.6

During the past 10 years, ECC Games's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.60. And the median was 0.70.

STU:2UG's Cyclically Adjusted PB Ratio is ranked better than
76.37% of 347 companies
in the Interactive Media industry
Industry Median: 1.44 vs STU:2UG: 0.60

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.

ECC Games's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.050. 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 €0.04 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


ECC Games  (STU:2UG) 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.


ECC Games Cyclically Adjusted PB Ratio Related Terms


ECC Games Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ECC Games'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.

ECC Games Cyclically Adjusted PB Ratio Chart

ECC Games 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 0.77

ECC Games 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 0.00 0.77 0.00

STU:2UG vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, ECC Games'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.


ECC Games Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


STU:2UG
51GF Score
ECC Games SA STU:2UG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ECC Games 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.

ECC Games's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0408/0.04
=1.02

* 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.

ECC Games's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, ECC Games's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.05/158.3200*158.3200
=0.050

Current CPI (Dec25) = 158.3200.

ECC Games Annual Data

Book Value per Share CPI Adj_Book
201612 0.012 100.366 0.019
201712 0.029 102.564 0.045
201812 0.046 103.785 0.070
201912 0.063 107.123 0.093
202012 0.062 109.565 0.090
202112 0.081 119.088 0.108
202212 0.073 139.113 0.083
202312 0.062 147.741 0.066
202412 0.058 154.660 0.059
202512 0.050 158.320 0.050

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 1.02 mean?
ECC Games (STU:2UG) has a Cyclically Adjusted PB Ratio of 1.02 as of Jul. 22, 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 ECC Games and its competitors. This is 46% above median its historical median of 0.70. Over the past decade, ECC Games' Cyclically Adjusted PB Ratio has ranged from 0.60 to 0.75. According to the industry distribution chart, ECC Games ranks #82 out of 347 companies in the Interactive Media industry, placing it in the top 23.6%.
Is ECC Games' Cyclically Adjusted PB Ratio too high?
ECC Games' current Cyclically Adjusted PB Ratio of 1.02 is 46% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.75. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. ECC Games' value of 1.02 is 29.2% below this industry median. Based on the distribution chart, ECC Games ranks #82 out of 347 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, ECC Games has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ECC Games' Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, ECC Games ranks #82 out of 347 companies for Cyclically Adjusted PB Ratio. This places ECC Games in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.44. ECC Games' value of 1.02 is 29.2% below this benchmark. Historically, ECC Games' own Cyclically Adjusted PB Ratio has ranged from 0.60 to 0.75 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.44, ECC Games 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 1.44, 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. ECC Games's current Cyclically Adjusted PB Ratio of 1.02 is 29.2% 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 ECC Games and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECC Games's current Cyclically Adjusted PB Ratio is 1.02, which is 46% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECC Games stock overvalued right now?
Based on GuruFocus' analysis, ECC Games (STU:2UG) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.04 — trading 36% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is 46% above median its 10-year median of 0.70 and 29.2% below the Interactive Media industry median of 1.44. ECC Games' overall GF Score™ is 51/100 with 5 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 ECC Games (STU:2UG), the current Cyclically Adjusted PB Ratio is 1.02 as of Jul. 22, 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 ECC Games (STU:2UG) Overvalued in 2026?

Based on GuruFocus' analysis, ECC Games stock appears to be overvalued. The current stock price of €0.04 is trading 36% above its estimated GF Value™ of €0.03. GuruFocus considers ECC Games to be Significantly Overvalued.

Key valuation signals for STU:2UG:

  • Cyclically Adjusted PB Ratio: 1.02 (46% above median its 10-year median of 0.70)
  • GF Value™: €0.03 vs. price of €0.04 (36% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 29.2% below the Interactive Media median (#82 of 347)

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


ECC Games Business Description

Other Exchanges ECC:Poland
Address ul. Hanki Czaki 2/7, Warsaw, POL, 01-588
ECC Games SA is engaged in the production of games in Poland. It offers games for both mobile and landline platforms in the Premium and Free-to-Play formula.
51GF Score

Get the complete analysis for STU:2UG

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

€0.04
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€0.03
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