Gold Town Games AB (NGM:GTG) Cyclically Adjusted PS Ratio: 0.18 (As of Jul. 22, 2026) — 20% Above Median

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NGM:GTG Gold Town Games AB NGM:GTG
33 GF Score
Price kr0.62
GF Value kr0.35
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Gold Town Games AB Cyclically Adjusted PS Ratio?

Gold Town Games AB NGM:GTG 33 Cyclically Adjusted PS Ratio is 0.18 as of Jul. 22, 2026, which is 20% above its 10-year median of 0.15. GuruFocus rates NGM:GTG with a GF Score™ of 33/100 and a GF Value™ of kr0.35 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 326 Interactive Media companies, Gold Town Games AB ranks better than 93.87% on this metric.

As of today (2026-07-22), Gold Town Games AB's current share price is kr0.62. Gold Town Games AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr3.43. Gold Town Games AB's Cyclically Adjusted PS Ratio for today is 0.18.

The historical rank and industry rank for Gold Town Games AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

NGM:GTG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.15   Max: 0.2
Current: 0.15

During the past years, Gold Town Games AB's highest Cyclically Adjusted PS Ratio was 0.20. The lowest was 0.11. And the median was 0.15.

NGM:GTG's Cyclically Adjusted PS Ratio is ranked better than
93.87% of 326 companies
in the Interactive Media industry
Industry Median: 1.375 vs NGM:GTG: 0.15

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Gold Town Games AB's adjusted revenue per share data for the three months ended in Mar. 2026 was kr0.190. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is kr3.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Town Games AB  (NGM:GTG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Gold Town Games AB Cyclically Adjusted PS Ratio Related Terms


Gold Town Games AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gold Town Games AB's Cyclically Adjusted PS 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.

Gold Town Games AB Cyclically Adjusted PS Ratio Chart

Gold Town Games AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.13

Gold Town Games 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 PS 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 0.13 0.11 0.13 0.20

NGM:GTG vs NTES, EA, TTWO: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Gold Town Games AB's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Gold Town Games AB Cyclically Adjusted PS Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gold Town Games AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Gold Town Games AB's Cyclically Adjusted PS Ratio falls into.


NGM:GTG
33GF Score
Gold Town Games AB NGM:GTG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gold Town Games AB Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Gold Town Games AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.62/3.43
=0.18

* 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.

Gold Town Games AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Gold Town Games AB's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.19/133.5600*133.5600
=0.190

Current CPI (Mar. 2026) = 133.5600.

Gold Town Games AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 101.019 0.000
201609 0.000 101.138 0.000
201612 0.013 102.022 0.017
201703 0.004 102.022 0.005
201706 0.016 102.752 0.021
201709 0.216 103.279 0.279
201712 1.033 103.793 1.329
201803 2.303 103.962 2.959
201806 3.277 104.875 4.173
201809 1.883 105.679 2.380
201812 1.604 105.912 2.023
201903 1.441 105.886 1.818
201906 1.309 106.742 1.638
201909 0.926 107.214 1.154
201912 0.579 107.766 0.718
202003 0.566 106.563 0.709
202006 0.591 107.498 0.734
202009 0.666 107.635 0.826
202012 0.547 108.296 0.675
202103 0.630 108.360 0.777
202106 0.434 108.928 0.532
202109 0.368 110.338 0.445
202112 0.338 112.486 0.401
202203 0.707 114.825 0.822
202206 0.809 118.384 0.913
202209 0.599 122.296 0.654
202212 0.745 126.365 0.787
202303 0.634 127.042 0.667
202306 0.689 129.407 0.711
202309 0.606 130.224 0.622
202312 0.487 131.912 0.493
202403 0.658 132.205 0.665
202406 0.395 132.716 0.398
202409 0.460 132.304 0.464
202412 0.504 132.987 0.506
202503 0.450 132.825 0.452
202506 0.235 133.699 0.235
202509 0.216 133.480 0.216
202512 0.168 133.390 0.168
202603 0.190 133.560 0.190

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.18 mean?
Gold Town Games AB (NGM:GTG) has a Cyclically Adjusted PS Ratio of 0.18 as of Jul. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Gold Town Games AB and its competitors. This is 20% above median its historical median of 0.15. Over the past decade, Gold Town Games AB's Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.20. According to the industry distribution chart, Gold Town Games AB ranks #20 out of 326 companies in the Interactive Media industry, placing it in the top 6.1%.
Is Gold Town Games AB's Cyclically Adjusted PS Ratio too high?
Gold Town Games AB's current Cyclically Adjusted PS Ratio of 0.18 is 20% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.20. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.38. Gold Town Games AB's value of 0.18 is 86.9% below this industry median. Based on the distribution chart, Gold Town Games AB ranks #20 out of 326 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Gold Town Games AB has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Town Games AB's Cyclically Adjusted PS Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Gold Town Games AB ranks #20 out of 326 companies for Cyclically Adjusted PS Ratio. This places Gold Town Games AB in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.38. Gold Town Games AB's value of 0.18 is 86.9% below this benchmark. Historically, Gold Town Games AB's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 0.20 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 1.38, Gold Town Games 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 PS Ratio for an Interactive Media company?
The median Cyclically Adjusted PS Ratio among Interactive Media companies is 1.38, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gold Town Games AB's current Cyclically Adjusted PS Ratio of 0.18 is 86.9% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Gold Town Games AB and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Town Games AB's current Cyclically Adjusted PS Ratio is 0.18, which is 20% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Town Games AB stock overvalued right now?
Based on GuruFocus' analysis, Gold Town Games AB (NGM:GTG) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.35, compared to a current price of kr0.62 — trading 77.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.18, which is 20% above median its 10-year median of 0.15 and 86.9% below the Interactive Media industry median of 1.38. Gold Town Games AB's overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Gold Town Games AB (NGM:GTG), the current Cyclically Adjusted PS Ratio is 0.18 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 Gold Town Games AB (NGM:GTG) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Town Games AB stock appears to be overvalued. The current stock price of kr0.62 is trading 77.1% above its estimated GF Value™ of kr0.35. GuruFocus considers Gold Town Games AB to be Significantly Overvalued.

Key valuation signals for NGM:GTG:

  • Cyclically Adjusted PS Ratio: 0.18 (20% above median its 10-year median of 0.15)
  • GF Value™: kr0.35 vs. price of kr0.62 (77.1% above fair value)
  • GF Score™: 33/100 with 2 warning signs
  • Industry Position: 86.9% below the Interactive Media median (#20 of 326)

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


Gold Town Games AB Business Description

Address Storgatan 53, Skelleftea, SWE, 931 31
Gold Town Games AB is a mobile games company. The company is engaged in the development, marketing and sales of mobile games, as well as carry out related activities. It has developed a hockey manager game for mobile platforms.
33GF Score

Get the complete analysis for NGM:GTG

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

kr0.62
Price
kr0.35
GF Value