CI Games SE (WAR:CIG) Cyclically Adjusted PS Ratio: 3.96 (As of Jul. 24, 2026) — 30% Above Median

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WAR:CIG CI Games SE WAR:CIG
84 GF Score
Price zł2.38
GF Value zł2.00
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is CI Games SE Cyclically Adjusted PS Ratio?

CI Games SE WAR:CIG -1.04% 84 Cyclically Adjusted PS Ratio is 3.96 as of Jul. 24, 2026, which is 30% above its 10-year median of 3.04. GuruFocus rates WAR:CIG with a GF Score™ of 84/100 and a GF Value™ of zł2.00 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 326 Interactive Media companies, CI Games SE ranks worse than 76.69% on this metric.

As of today (2026-07-24), CI Games SE's current share price is zł2.375. CI Games SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł0.60. CI Games SE's Cyclically Adjusted PS Ratio for today is 3.96.

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

WAR:CIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 3.04   Max: 13.42
Current: 3.99

During the past years, CI Games SE's highest Cyclically Adjusted PS Ratio was 13.42. The lowest was 0.74. And the median was 3.04.

WAR:CIG's Cyclically Adjusted PS Ratio is ranked worse than
76.69% of 326 companies
in the Interactive Media industry
Industry Median: 1.375 vs WAR:CIG: 3.99

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.

CI Games SE's adjusted revenue per share data for the three months ended in Mar. 2026 was zł0.072. 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 zł0.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CI Games SE  (WAR:CIG) 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.


CI Games SE Cyclically Adjusted PS Ratio Related Terms


CI Games SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CI Games SE'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.

CI Games SE Cyclically Adjusted PS Ratio Chart

CI Games SE 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 3.21 4.46 3.46 2.33 4.53

CI Games SE 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 2.92 3.87 5.37 4.53 4.88

WAR:CIG vs NTES, EA, TTWO: Cyclically Adjusted PS Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, CI Games SE'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.


CI Games SE Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

* The bar in red indicates where CI Games SE's Cyclically Adjusted PS Ratio falls into.


WAR:CIG
84GF Score
CI Games SE WAR:CIG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CI Games SE 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.

CI Games SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.375/0.60
=3.96

* 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.

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

For example, CI Games SE'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)
=0.072/163.0700*163.0700
=0.072

Current CPI (Mar. 2026) = 163.0700.

CI Games SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.027 99.552 0.044
201609 0.045 99.064 0.074
201612 0.043 100.366 0.070
201703 0.022 101.018 0.036
201706 0.462 101.180 0.745
201709 0.117 101.343 0.188
201712 0.080 102.564 0.127
201803 0.051 102.564 0.081
201806 0.036 103.378 0.057
201809 0.030 103.378 0.047
201812 0.029 103.785 0.046
201903 0.028 104.274 0.044
201906 0.019 105.983 0.029
201909 0.028 105.983 0.043
201912 0.221 107.123 0.336
202003 0.076 109.076 0.114
202006 0.091 109.402 0.136
202009 0.047 109.320 0.070
202012 0.061 109.565 0.091
202103 0.052 112.658 0.075
202106 0.217 113.960 0.311
202109 0.179 115.588 0.253
202112 0.129 119.088 0.177
202203 0.070 125.031 0.091
202206 0.095 131.705 0.118
202209 0.055 135.531 0.066
202212 0.083 139.113 0.097
202303 0.053 145.950 0.059
202306 0.066 147.009 0.073
202309 0.237 146.113 0.265
202312 0.969 147.741 1.070
202403 0.118 149.044 0.129
202406 0.197 150.997 0.213
202409 0.058 153.439 0.062
202412 0.064 154.660 0.067
202503 0.085 157.021 0.088
202506 0.131 157.509 0.136
202509 0.056 158.000 0.058
202512 0.102 158.320 0.105
202603 0.072 163.070 0.072

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 3.96 mean?
CI Games SE (WAR:CIG) has a Cyclically Adjusted PS Ratio of 3.96 as of Jul. 24, 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 CI Games SE and its competitors. This is 30% above median its historical median of 3.04. Over the past decade, CI Games SE's Cyclically Adjusted PS Ratio has ranged from 0.74 to 13.42. According to the industry distribution chart, CI Games SE ranks #250 out of 326 companies in the Interactive Media industry, placing it in the top 76.7%.
Is CI Games SE's Cyclically Adjusted PS Ratio too high?
CI Games SE's current Cyclically Adjusted PS Ratio of 3.96 is 30% above median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 13.42. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.38. CI Games SE's value of 3.96 is 188% above this industry median. Based on the distribution chart, CI Games SE ranks #250 out of 326 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, CI Games SE has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CI Games SE's Cyclically Adjusted PS Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, CI Games SE ranks #250 out of 326 companies for Cyclically Adjusted PS Ratio. This places CI Games SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.38. CI Games SE's value of 3.96 is 188% above this benchmark. Historically, CI Games SE's own Cyclically Adjusted PS Ratio has ranged from 0.74 to 13.42 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 1.38, CI Games SE has consistently been above 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. CI Games SE's current Cyclically Adjusted PS Ratio of 3.96 is 188% above 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 CI Games SE 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. CI Games SE's current Cyclically Adjusted PS Ratio is 3.96, which is 30% above median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CI Games SE stock overvalued right now?
Based on GuruFocus' analysis, CI Games SE (WAR:CIG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł2.00, compared to a current price of zł2.38 — trading 18.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.96, which is 30% above median its 10-year median of 3.04 and 188% above the Interactive Media industry median of 1.38. CI Games SE's overall GF Score™ is 84/100 with 8 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 CI Games SE (WAR:CIG), the current Cyclically Adjusted PS Ratio is 3.96 as of Jul. 24, 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 CI Games SE (WAR:CIG) Overvalued in 2026?

Based on GuruFocus' analysis, CI Games SE stock appears to be overvalued. The current stock price of zł2.38 is trading 18.8% above its estimated GF Value™ of zł2.00. GuruFocus considers CI Games SE to be Modestly Overvalued.

Key valuation signals for WAR:CIG:

  • Cyclically Adjusted PS Ratio: 3.96 (30% above median its 10-year median of 3.04)
  • GF Value™: zł2.00 vs. price of zł2.38 (18.8% above fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 188% above the Interactive Media median (#250 of 326)

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


CI Games SE Business Description

Other Exchanges CIGMF:USACI7:Germany
Address Rondo Daszyńskiego 2B, Warszawa, POL, 00-843
CI Games SE is engaged in developing, producing, publishing, and distributing computer games. The company offers various games including Sniper Ghost Warrior, Alien Fear, Dogfight 1942, Farm Frenzy and Enemy Front among others.
84GF Score

Get the complete analysis for WAR:CIG

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

zł2.38
Price
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