THQQF (Embracer Group AB) Cyclically Adjusted PB Ratio: 0.41 (As of Jul. 19, 2026) — Near Median

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THQQF Embracer Group AB THQQF
64 GF Score
Price $6.90
GF Value $4.41
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Embracer Group AB Cyclically Adjusted PB Ratio?

Embracer Group AB THQQF 64 Cyclically Adjusted PB Ratio is 0.41 as of Jul. 19, 2026, which is 5% above its 10-year median of 0.39. GuruFocus rates THQQF with a GF Score™ of 64/100 and a GF Value™ of $4.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 347 Interactive Media companies, Embracer Group AB ranks better than 85.59% on this metric.

As of today (2026-07-19), Embracer Group AB's current share price is $6.90. Embracer Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $16.66. Embracer Group AB's Cyclically Adjusted PB Ratio for today is 0.41.

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

THQQF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.39   Max: 0.51
Current: 0.42

During the past years, Embracer Group AB's highest Cyclically Adjusted PB Ratio was 0.51. The lowest was 0.29. And the median was 0.39.

THQQF's Cyclically Adjusted PB Ratio is ranked better than
85.59% of 347 companies
in the Interactive Media industry
Industry Median: 1.44 vs THQQF: 0.42

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.

Embracer Group AB's adjusted book value per share data for the three months ended in Mar. 2026 was $9.374. 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 $16.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Embracer Group AB  (OTCPK:THQQF) 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.


Embracer Group AB Cyclically Adjusted PB Ratio Related Terms


Embracer Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Embracer Group 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.

Embracer Group AB Cyclically Adjusted PB Ratio Chart

Embracer Group AB Annual Data
Trend Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.31

Embracer Group 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 0.00 0.00 0.47 0.39 0.31

THQQF vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Embracer Group 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.


Embracer Group AB Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


THQQF
64GF Score
Embracer Group AB THQQF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Embracer Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.90/16.66
=0.41

* 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.

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

For example, Embracer Group 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)
=9.374/133.5600*133.5600
=9.374

Current CPI (Mar. 2026) = 133.5600.

Embracer Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.000 100.751 0.000
201606 0.000 101.019 0.000
201609 0.128 101.138 0.169
201612 0.520 102.022 0.681
201703 0.573 102.022 0.750
201706 0.629 102.752 0.818
201709 1.568 103.279 2.028
201712 1.614 103.793 2.077
201803 1.817 103.962 2.334
201806 3.583 104.875 4.563
201809 3.592 105.679 4.540
201903 5.993 105.886 7.559
201906 5.970 106.742 7.470
201909 6.128 107.214 7.634
201912 6.280 107.766 7.783
202003 5.214 106.563 6.535
202006 9.950 107.498 12.362
202009 12.054 107.635 14.957
202012 15.860 108.296 19.560
202103 20.691 108.360 25.503
202106 25.751 108.928 31.574
202109 25.365 110.338 30.703
202112 25.563 112.486 30.352
202203 23.255 114.825 27.049
202206 25.481 118.384 28.748
202209 27.316 122.296 29.832
202212 29.291 126.365 30.959
202303 29.412 127.042 30.921
202306 31.661 129.407 32.677
202309 29.131 130.224 29.877
202312 29.370 131.912 29.737
202403 22.552 132.205 22.783
202406 20.879 132.716 21.012
202409 20.888 132.304 21.086
202412 20.510 132.987 20.598
202503 13.653 132.825 13.729
202506 14.225 133.699 14.210
202509 14.431 133.480 14.440
202512 12.552 133.390 12.568
202603 9.374 133.560 9.374

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 0.41 mean?
Embracer Group AB (THQQF) has a Cyclically Adjusted PB Ratio of 0.41 as of Jul. 19, 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 Embracer Group AB and its competitors. This is near median its historical median of 0.39. Over the past decade, Embracer Group AB's Cyclically Adjusted PB Ratio has ranged from 0.29 to 0.51. According to the industry distribution chart, Embracer Group AB ranks #50 out of 347 companies in the Interactive Media industry, placing it in the top 14.4%.
Is Embracer Group AB's Cyclically Adjusted PB Ratio too high?
Embracer Group AB's current Cyclically Adjusted PB Ratio of 0.41 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.51. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. Embracer Group AB's value of 0.41 is 71.5% below this industry median. Based on the distribution chart, Embracer Group AB ranks #50 out of 347 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Embracer Group AB has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embracer Group AB's Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Embracer Group AB ranks #50 out of 347 companies for Cyclically Adjusted PB Ratio. This places Embracer Group AB in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.44. Embracer Group AB's value of 0.41 is 71.5% below this benchmark. Historically, Embracer Group AB's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 0.51 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.44, Embracer Group 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 1.44, 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. Embracer Group AB's current Cyclically Adjusted PB Ratio of 0.41 is 71.5% 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 Embracer Group AB 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. Embracer Group AB's current Cyclically Adjusted PB Ratio is 0.41, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embracer Group AB stock overvalued right now?
Based on GuruFocus' analysis, Embracer Group AB (THQQF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.41, compared to a current price of $6.90 — trading 56.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is near median its 10-year median of 0.39 and 71.5% below the Interactive Media industry median of 1.44. Embracer Group AB's overall GF Score™ is 64/100 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 Embracer Group AB (THQQF), the current Cyclically Adjusted PB Ratio is 0.41 as of Jul. 19, 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 Embracer Group AB (THQQF) Overvalued in 2026?

Based on GuruFocus' analysis, Embracer Group AB stock appears to be overvalued. The current stock price of $6.90 is trading 56.5% above its estimated GF Value™ of $4.41. GuruFocus considers Embracer Group AB to be Significantly Overvalued.

Key valuation signals for THQQF:

  • Cyclically Adjusted PB Ratio: 0.41 (near median its 10-year median of 0.39)
  • GF Value™: $4.41 vs. price of $6.90 (56.5% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 71.5% below the Interactive Media median (#50 of 347)

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


Embracer Group AB Business Description

Address Tullhusgatan 1B, Karlstad, SWE, 652 09
Embracer Group AB is a parent company of businesses led by entrepreneurs in PC, console, mobile, and board games and other related media. The Group has an extensive catalog of several owned or controlled franchises and has a presence in various regions through its operative groups, namely THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, and others. Its operating segments are: PC/Console Games, Mobile Games, and Entertainment & Services. Maximum revenue is derived from the Entertainment & Services segment, which is engaged in the development, publishing, and distribution of comic books, wholesale of publishing titles of games for console and PC, as well as films, and externally distributes films and TV series. Geographically, the Group generates maximum revenue from the USA.
64GF Score

Get the complete analysis for THQQF

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

$6.90
Price
$4.41
GF Value