GungHo Online Entertainment (STU:G03) Cyclically Adjusted PB Ratio: 1.41 (As of Aug. 13, 2026) — 43% Below Median

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STU:G03 GungHo Online Entertainment Inc STU:G03
71 GF Score
Price €12.70
GF Value €13.31
! 5 Warning Signs
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What is GungHo Online Entertainment Cyclically Adjusted PB Ratio?

GungHo Online Entertainment STU:G03 +1.60% 71 Cyclically Adjusted PB Ratio is 1.41 as of Aug. 13, 2026, which is 43% below its 10-year median of 2.48. GuruFocus rates STU:G03 with a GF Score™ of 71/100 and a GF Value™ of €13.31. The stock has 5 warning signs investors should review. Among 344 Interactive Media companies, GungHo Online Entertainment ranks better than 50.58% on this metric.

As of today (2026-08-13), GungHo Online Entertainment's current share price is €12.70. GungHo Online Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.00. GungHo Online Entertainment's Cyclically Adjusted PB Ratio for today is 1.41.

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

STU:G03' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.48   Max: 9.2
Current: 1.44

During the past years, GungHo Online Entertainment's highest Cyclically Adjusted PB Ratio was 9.20. The lowest was 1.32. And the median was 2.48.

STU:G03's Cyclically Adjusted PB Ratio is ranked better than
50.58% of 344 companies
in the Interactive Media industry
Industry Median: 1.505 vs STU:G03: 1.44

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.

GungHo Online Entertainment's adjusted book value per share data for the three months ended in Jun. 2026 was €11.929. 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 €9.00 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GungHo Online Entertainment  (STU:G03) 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.


GungHo Online Entertainment Cyclically Adjusted PB Ratio Related Terms


GungHo Online Entertainment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GungHo Online Entertainment'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.

GungHo Online Entertainment Cyclically Adjusted PB Ratio Chart

GungHo Online Entertainment 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 2.86 1.92 1.81 2.27 1.55

GungHo Online Entertainment Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.79 1.71 1.55 1.48 1.30

STU:G03 vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, GungHo Online Entertainment'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.


GungHo Online Entertainment Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


STU:G03
71GF Score
GungHo Online Entertainment Inc STU:G03
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GungHo Online Entertainment 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.

GungHo Online Entertainment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.70/9.00
=1.41

* 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.

GungHo Online Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, GungHo Online Entertainment's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.929/113.6000*113.6000
=11.929

Current CPI (Jun. 2026) = 113.6000.

GungHo Online Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.528 98.000 4.090
201612 4.515 98.400 5.212
201703 5.055 98.100 5.854
201706 5.579 98.500 6.434
201709 5.903 98.800 6.787
201712 6.318 99.400 7.221
201803 6.670 99.200 7.638
201806 7.164 99.200 8.204
201809 7.374 99.900 8.385
201812 8.213 99.700 9.358
201903 9.052 99.700 10.314
201906 9.509 99.800 10.824
201909 10.203 100.100 11.579
201912 10.155 100.500 11.479
202003 10.380 100.300 11.756
202006 10.772 99.900 12.249
202009 10.922 99.900 12.420
202012 11.379 99.300 13.018
202103 11.655 99.900 13.253
202106 12.103 99.500 13.818
202109 12.804 100.100 14.531
202112 13.201 100.100 14.981
202203 12.829 101.100 14.415
202206 12.316 101.800 13.744
202209 12.679 103.100 13.970
202212 13.382 104.100 14.603
202303 13.598 104.400 14.796
202306 13.373 105.200 14.441
202309 13.378 106.200 14.310
202312 13.691 106.800 14.563
202403 13.529 107.200 14.337
202406 13.416 108.200 14.086
202409 14.333 108.900 14.952
202412 14.323 110.700 14.698
202503 13.791 111.100 14.101
202506 13.523 111.700 13.753
202509 13.047 112.000 13.233
202512 12.399 113.000 12.465
202603 11.892 112.700 11.987
202606 11.929 113.600 11.929

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 1.41 mean?
GungHo Online Entertainment (STU:G03) has a Cyclically Adjusted PB Ratio of 1.41 as of Aug. 13, 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 GungHo Online Entertainment and its competitors. This is 43% below median its historical median of 2.48. Over the past decade, GungHo Online Entertainment's Cyclically Adjusted PB Ratio has ranged from 1.32 to 9.20. According to the industry distribution chart, GungHo Online Entertainment ranks #170 out of 344 companies in the Interactive Media industry, placing it in the top 49.4%.
Is GungHo Online Entertainment's Cyclically Adjusted PB Ratio too high?
GungHo Online Entertainment's current Cyclically Adjusted PB Ratio of 1.41 is 43% below median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 9.20. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.51. GungHo Online Entertainment's value of 1.41 is 6.3% below this industry median. Based on the distribution chart, GungHo Online Entertainment ranks #170 out of 344 companies in the Interactive Media industry, which is above the industry midpoint. Overall, GungHo Online Entertainment has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does GungHo Online Entertainment's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, GungHo Online Entertainment ranks #170 out of 344 companies for Cyclically Adjusted PB Ratio. This puts GungHo Online Entertainment in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. GungHo Online Entertainment's value of 1.41 is 6.3% below this benchmark. Historically, GungHo Online Entertainment's own Cyclically Adjusted PB Ratio has ranged from 1.32 to 9.20 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.51, GungHo Online Entertainment 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 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. GungHo Online Entertainment's current Cyclically Adjusted PB Ratio of 1.41 is 6.3% 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 GungHo Online Entertainment 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. GungHo Online Entertainment's current Cyclically Adjusted PB Ratio is 1.41, which is 43% below median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GungHo Online Entertainment stock overvalued right now?
GungHo Online Entertainment (STU:G03) has a current Cyclically Adjusted PB Ratio of 1.41. The stock's GF Value™ is €13.31, compared to a current price of €12.70 — trading 4.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.41, which is 43% below median its 10-year median of 2.48 and 6.3% below the Interactive Media industry median of 1.51. GungHo Online Entertainment's overall GF Score™ is 71/100 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 GungHo Online Entertainment (STU:G03), the current Cyclically Adjusted PB Ratio is 1.41 as of Aug. 13, 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 GungHo Online Entertainment (STU:G03) Overvalued in 2026?

Based on GuruFocus' analysis, GungHo Online Entertainment stock appears to be undervalued. The current stock price of €12.70 is trading 4.6% below its estimated GF Value™ of €13.31.

Key valuation signals for STU:G03:

  • Cyclically Adjusted PB Ratio: 1.41 (43% below median its 10-year median of 2.48)
  • GF Value™: €13.31 vs. price of €12.70 (4.6% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 6.3% below the Interactive Media median (#170 of 344)

No single metric tells the full story. See the STU:G03 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GungHo Online Entertainment Business Description

Other Exchanges GUNGF:USA3765:Japan
Address 1-11-1, Pacific Century Place Marunouchi, Marunouchi, Chiyodaku, Tokyo, JPN, 100-6221
GungHo Online Entertainment Inc is a Japanese company that plans, develops, publishes, and distributes online video games. Its portfolio includes games for smartphones, PCs, consoles, and handheld gaming devices. The company operates across several business segments, including the operation and distribution of smartphone games; the planning, development, and sale of console games; and the planning, development, licensing, and distribution of PC online games. Additionally, it is involved in the development and delivery of games for smartphones, consoles, and portable gaming platforms.
71GF Score

Get the complete analysis for STU:G03

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

€12.70
Price
€13.31
GF Value