Vivid Games (WAR:VVD) Cyclically Adjusted PB Ratio: 0.84 (As of Aug. 04, 2026) — 25% Below Median

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Founder & CEO of GuruFocus
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WAR:VVD Vivid Games SA WAR:VVD
39 GF Score
Price zł0.56
GF Value zł0.19
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Vivid Games Cyclically Adjusted PB Ratio?

Vivid Games WAR:VVD -0.53% 39 Cyclically Adjusted PB Ratio is 0.84 as of Aug. 04, 2026, which is 25% below its 10-year median of 1.12. GuruFocus rates WAR:VVD with a GF Score™ of 39/100 and a GF Value™ of zł0.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 347 Interactive Media companies, Vivid Games ranks better than 65.13% on this metric.

As of today (2026-08-04), Vivid Games's current share price is zł0.564. Vivid Games's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł0.67. Vivid Games's Cyclically Adjusted PB Ratio for today is 0.84.

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

WAR:VVD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.12   Max: 2.34
Current: 0.83

During the past years, Vivid Games's highest Cyclically Adjusted PB Ratio was 2.34. The lowest was 0.47. And the median was 1.12.

WAR:VVD's Cyclically Adjusted PB Ratio is ranked better than
65.13% of 347 companies
in the Interactive Media industry
Industry Median: 1.45 vs WAR:VVD: 0.83

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.

Vivid Games's adjusted book value per share data for the three months ended in Mar. 2026 was zł0.071. 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 zł0.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vivid Games  (WAR:VVD) 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.


Vivid Games Cyclically Adjusted PB Ratio Related Terms


Vivid Games Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vivid 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.

Vivid Games Cyclically Adjusted PB Ratio Chart

Vivid Games Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.40 1.09 0.78 1.07

Vivid Games Quarterly Data
Mar21 Jun21 Sep21 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 0.94 0.69 1.38 1.07 1.02

WAR:VVD vs NTES, EA, TTWO: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Vivid 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.


Vivid Games Cyclically Adjusted PB Ratio vs Interactive Media Industry

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

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


WAR:VVD
39GF Score
Vivid Games SA WAR:VVD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivid 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.564/0.67
=0.84

* 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.

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

For example, Vivid Games'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)
=0.071/163.0700*163.0700
=0.071

Current CPI (Mar. 2026) = 163.0700.

Vivid Games Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.751 98.983 1.237
201606 0.830 99.552 1.360
201609 0.799 99.064 1.315
201612 0.872 100.366 1.417
201703 0.817 101.018 1.319
201706 0.869 101.180 1.401
201709 0.851 101.343 1.369
201712 0.639 102.564 1.016
201803 0.586 102.564 0.932
201806 0.625 103.378 0.986
201809 0.503 103.378 0.793
201812 0.529 103.785 0.831
201903 0.507 104.274 0.793
201906 0.501 105.983 0.771
201909 0.000 105.983 0.000
201912 0.553 107.123 0.842
202003 0.587 109.076 0.878
202006 0.568 109.402 0.847
202009 0.665 109.320 0.992
202012 0.668 109.565 0.994
202103 0.659 112.658 0.954
202106 0.613 113.960 0.877
202109 0.610 115.588 0.861
202203 0.207 125.031 0.270
202206 0.208 131.705 0.258
202209 0.296 135.531 0.356
202212 0.227 139.113 0.266
202303 0.227 145.950 0.254
202306 0.243 147.009 0.270
202309 0.231 146.113 0.258
202312 0.149 147.741 0.164
202403 0.139 149.044 0.152
202406 0.138 150.997 0.149
202409 0.125 153.439 0.133
202412 0.283 154.660 0.298
202503 0.166 157.021 0.172
202506 0.128 157.509 0.133
202509 0.116 158.000 0.120
202512 0.083 158.320 0.085
202603 0.071 163.070 0.071

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 0.84 mean?
Vivid Games (WAR:VVD) has a Cyclically Adjusted PB Ratio of 0.84 as of Aug. 04, 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 Vivid Games and its competitors. This is 25% below median its historical median of 1.12. Over the past decade, Vivid Games' Cyclically Adjusted PB Ratio has ranged from 0.47 to 2.34. According to the industry distribution chart, Vivid Games ranks #121 out of 347 companies in the Interactive Media industry, placing it in the top 34.9%.
Is Vivid Games' Cyclically Adjusted PB Ratio too high?
Vivid Games' current Cyclically Adjusted PB Ratio of 0.84 is 25% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.34. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.45. Vivid Games' value of 0.84 is 42.1% below this industry median. Based on the distribution chart, Vivid Games ranks #121 out of 347 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Vivid Games has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Games' Cyclically Adjusted PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Vivid Games ranks #121 out of 347 companies for Cyclically Adjusted PB Ratio. This puts Vivid Games in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.45. Vivid Games' value of 0.84 is 42.1% below this benchmark. Historically, Vivid Games' own Cyclically Adjusted PB Ratio has ranged from 0.47 to 2.34 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.45, Vivid 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 1.45, 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. Vivid Games's current Cyclically Adjusted PB Ratio of 0.84 is 42.1% 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 Vivid Games and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vivid Games's current Cyclically Adjusted PB Ratio is 0.84, which is 25% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivid Games stock overvalued right now?
Based on GuruFocus' analysis, Vivid Games (WAR:VVD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.19, compared to a current price of zł0.56 — trading 196.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is 25% below median its 10-year median of 1.12 and 42.1% below the Interactive Media industry median of 1.45. Vivid Games' overall GF Score™ is 39/100 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 Vivid Games (WAR:VVD), the current Cyclically Adjusted PB Ratio is 0.84 as of Aug. 04, 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 Vivid Games (WAR:VVD) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Games stock appears to be overvalued. The current stock price of zł0.56 is trading 196.8% above its estimated GF Value™ of zł0.19. GuruFocus considers Vivid Games to be Significantly Overvalued.

Key valuation signals for WAR:VVD:

  • Cyclically Adjusted PB Ratio: 0.84 (25% below median its 10-year median of 1.12)
  • GF Value™: zł0.19 vs. price of zł0.56 (196.8% above fair value)
  • GF Score™: 39/100 with 5 warning signs
  • Industry Position: 42.1% below the Interactive Media median (#121 of 347)

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


Vivid Games Business Description

Address Gdansk 160, Bydgoszcz, POL, 85674
Vivid Games SA is a leading mobile games development studio in Poland. The company produces top-notch mobile entertainment. It also designs and develops games for Android, iOS, PSP Minis, Mobile, NDS, MAC, PC and DSi operating systems.
39GF Score

Get the complete analysis for WAR:VVD

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

zł0.56
Price
zł0.19
GF Value