ManyDev Studio SE (WAR:MAN) Cyclically Adjusted PB Ratio: 0.62 (As of Aug. 27, 2026)

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WAR:MAN ManyDev Studio SE WAR:MAN
4 GF Score
Price zł0.62
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What is ManyDev Studio SE Cyclically Adjusted PB Ratio?

ManyDev Studio SE WAR:MAN 4 Cyclically Adjusted PB Ratio is 0.62 as of Aug. 27, 2026. GuruFocus rates WAR:MAN with a GF Score™ of 4/100.

As of today (2026-08-27), ManyDev Studio SE's current share price is zł0.616. ManyDev Studio SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was zł0.99. ManyDev Studio SE's Cyclically Adjusted PB Ratio for today is 0.62.

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

WAR:MAN's Cyclically Adjusted PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.435
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

ManyDev Studio SE's adjusted book value per share data for the three months ended in Mar. 2025 was zł-0.143. 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 zł0.99 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ManyDev Studio SE  (WAR:MAN) 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.


ManyDev Studio SE Cyclically Adjusted PB Ratio Related Terms


ManyDev Studio SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ManyDev Studio SE'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.

ManyDev Studio SE Cyclically Adjusted PB Ratio Chart

ManyDev Studio SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.00 0.47 0.42 0.68

ManyDev Studio SE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.16 0.74 0.79 0.68 0.66

WAR:MAN vs NTES, RBLX, EA: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, ManyDev Studio SE'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.


ManyDev Studio SE Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

* The bar in red indicates where ManyDev Studio SE's Cyclically Adjusted PB Ratio falls into.


WAR:MAN
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ManyDev Studio SE WAR:MAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ManyDev Studio SE 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.

ManyDev Studio SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.616/0.99
=0.62

* 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.

ManyDev Studio SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ManyDev Studio SE's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.143/157.0208*157.0208
=-0.143

Current CPI (Mar. 2025) = 157.0208.

ManyDev Studio SE Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.741 100.448 1.158
201509 19.878 99.634 31.327
201512 0.489 99.471 0.772
201603 0.471 98.983 0.747
201606 0.471 99.552 0.743
201609 0.472 99.064 0.748
201612 1.009 100.366 1.579
201703 0.494 101.018 0.768
201706 0.373 101.180 0.579
201709 0.374 101.343 0.579
201712 0.373 102.564 0.571
201803 0.208 102.564 0.318
201806 0.205 103.378 0.311
201809 0.135 103.378 0.205
201812 0.094 103.785 0.142
201903 0.102 104.274 0.154
201906 0.038 105.983 0.056
201909 0.033 105.983 0.049
201912 0.008 107.123 0.012
202003 0.003 109.076 0.004
202006 -0.005 109.402 -0.007
202009 -0.012 109.320 -0.017
202012 -0.022 109.565 -0.032
202103 -0.030 112.658 -0.042
202106 -0.048 113.960 -0.066
202109 0.093 115.588 0.126
202112 0.023 119.088 0.030
202203 0.108 125.031 0.136
202206 -0.026 131.705 -0.031
202209 -0.028 135.531 -0.032
202212 -0.067 139.113 -0.076
202303 -0.074 145.950 -0.080
202306 -0.089 147.009 -0.095
202309 -0.093 146.113 -0.100
202312 -0.134 147.741 -0.142
202403 -0.143 149.044 -0.151
202406 -0.159 150.997 -0.165
202409 -0.118 153.439 -0.121
202412 -0.139 154.660 -0.141
202503 -0.143 157.021 -0.143

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 0.62 mean?
ManyDev Studio SE (WAR:MAN) has a Cyclically Adjusted PB Ratio of 0.62 as of Aug. 27, 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 ManyDev Studio SE and its competitors.
Is ManyDev Studio SE's Cyclically Adjusted PB Ratio too high?
ManyDev Studio SE's current Cyclically Adjusted PB Ratio is 0.62. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.44. ManyDev Studio SE's value of 0.62 is 56.8% below this industry median. Overall, ManyDev Studio SE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does ManyDev Studio SE's Cyclically Adjusted PB Ratio compare to NTES and RBLX?
ManyDev Studio SE's Cyclically Adjusted PB Ratio of 0.62 can be compared against companies in the Interactive Media industry. The industry median Cyclically Adjusted PB Ratio is 1.44. ManyDev Studio SE's value of 0.62 is 56.8% below this benchmark. 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 340 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. ManyDev Studio SE's current Cyclically Adjusted PB Ratio of 0.62 is 56.8% 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 ManyDev Studio SE 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. ManyDev Studio SE's current Cyclically Adjusted PB Ratio is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManyDev Studio SE stock overvalued right now?
ManyDev Studio SE (WAR:MAN) has a current Cyclically Adjusted PB Ratio of 0.62. The current Cyclically Adjusted PB Ratio is 0.62 and 56.8% below the Interactive Media industry median of 1.44. ManyDev Studio SE's overall GF Score™ is 4/100. 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 ManyDev Studio SE (WAR:MAN), the current Cyclically Adjusted PB Ratio is 0.62 as of Aug. 27, 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.

ManyDev Studio SE Business Description

Address ul. Bieniewicka 26, Warsaw, POL, 01-632
ManyDev Studio SE is focused on developing games. Some of its projects include Barbarian Kingdom, Dreamreaper: Gray Skies, and Formula Team.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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