Forever Entertainment (WAR:FOR) Cyclically Adjusted PS Ratio: 2.67 (As of Jul. 05, 2026) — 56% Below Median


WAR:FOR Forever Entertainment SA WAR:FOR
74 GF Score
Price zł2.48
GF Value zł3.18
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Forever Entertainment Cyclically Adjusted PS Ratio?

Forever Entertainment WAR:FOR -0.40% 74 Cyclically Adjusted PS Ratio is 2.67 as of Jul. 05, 2026, which is 56% below its 10-year median of 6.02. GuruFocus rates WAR:FOR with a GF Score™ of 74/100 and a GF Value™ of zł3.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 325 Interactive Media companies, Forever Entertainment ranks worse than 65.85% on this metric.

As of today (2026-07-05), Forever Entertainment's current share price is zł2.48. Forever Entertainment's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł0.93. Forever Entertainment's Cyclically Adjusted PS Ratio for today is 2.67.

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

WAR:FOR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.68   Med: 6.02   Max: 26.72
Current: 2.68

During the past years, Forever Entertainment's highest Cyclically Adjusted PS Ratio was 26.72. The lowest was 2.68. And the median was 6.02.

WAR:FOR's Cyclically Adjusted PS Ratio is ranked worse than
65.85% of 325 companies
in the Interactive Media industry
Industry Median: 1.39 vs WAR:FOR: 2.68

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.

Forever Entertainment's adjusted revenue per share data for the three months ended in Mar. 2026 was zł0.292. 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 zł0.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forever Entertainment  (WAR:FOR) 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.


Forever Entertainment Cyclically Adjusted PS Ratio Related Terms


Forever Entertainment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Forever Entertainment'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.

Forever Entertainment Cyclically Adjusted PS Ratio Chart

Forever Entertainment 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 19.12 9.87 5.62 4.86 3.02

Forever Entertainment 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 5.24 4.36 3.42 3.02 2.86

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

For the Electronic Gaming & Multimedia subindustry, Forever Entertainment'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.


Forever Entertainment Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

* The bar in red indicates where Forever Entertainment's Cyclically Adjusted PS Ratio falls into.


WAR:FOR
74GF Score
Forever Entertainment SA WAR:FOR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forever Entertainment 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.

Forever Entertainment's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.48/0.93
=2.67

* 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.

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

For example, Forever Entertainment'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)
=0.292/163.0700*163.0700
=0.292

Current CPI (Mar. 2026) = 163.0700.

Forever Entertainment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.012 99.552 0.020
201609 0.010 99.064 0.016
201612 0.012 100.366 0.019
201703 0.009 101.018 0.015
201706 0.006 101.180 0.010
201709 0.004 101.343 0.006
201712 0.027 102.564 0.043
201803 0.037 102.564 0.059
201806 0.049 103.378 0.077
201809 0.082 103.378 0.129
201812 0.083 103.785 0.130
201903 0.072 104.274 0.113
201906 0.128 105.983 0.197
201909 0.142 105.983 0.218
201912 0.086 107.123 0.131
202003 0.216 109.076 0.323
202006 0.291 109.402 0.434
202009 0.268 109.320 0.400
202012 0.152 109.565 0.226
202103 0.248 112.658 0.359
202106 0.183 113.960 0.262
202109 0.247 115.588 0.348
202112 0.169 119.088 0.231
202203 0.174 125.031 0.227
202206 0.614 131.705 0.760
202209 0.360 135.531 0.433
202212 0.325 139.113 0.381
202303 0.285 145.950 0.318
202306 0.282 147.009 0.313
202309 0.274 146.113 0.306
202312 0.305 147.741 0.337
202403 0.233 149.044 0.255
202406 0.339 150.997 0.366
202409 0.227 153.439 0.241
202412 0.223 154.660 0.235
202503 0.254 157.021 0.264
202506 0.215 157.509 0.223
202509 0.330 158.000 0.341
202512 0.190 158.320 0.196
202603 0.292 163.070 0.292

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 2.67 mean?
Forever Entertainment (WAR:FOR) has a Cyclically Adjusted PS Ratio of 2.67 as of Jul. 05, 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 Forever Entertainment and its competitors. This is 56% below median its historical median of 6.02. Over the past decade, Forever Entertainment's Cyclically Adjusted PS Ratio has ranged from 2.68 to 26.72. According to the industry distribution chart, Forever Entertainment ranks #214 out of 325 companies in the Interactive Media industry, placing it in the top 65.8%.
Is Forever Entertainment's Cyclically Adjusted PS Ratio too high?
Forever Entertainment's current Cyclically Adjusted PS Ratio of 2.67 is 56% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 26.72. The Interactive Media industry median Cyclically Adjusted PS Ratio is 1.39. Forever Entertainment's value of 2.67 is 92.1% above this industry median. Based on the distribution chart, Forever Entertainment ranks #214 out of 325 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Forever Entertainment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's Cyclically Adjusted PS Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Forever Entertainment ranks #214 out of 325 companies for Cyclically Adjusted PS Ratio. This places Forever Entertainment in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Forever Entertainment's value of 2.67 is 92.1% above this benchmark. Historically, Forever Entertainment's own Cyclically Adjusted PS Ratio has ranged from 2.68 to 26.72 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 1.39, Forever Entertainment 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 1.39, based on 325 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. Forever Entertainment's current Cyclically Adjusted PS Ratio of 2.67 is 92.1% 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 Forever Entertainment and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forever Entertainment's current Cyclically Adjusted PS Ratio is 2.67, which is 56% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.18, compared to a current price of zł2.48 — trading 22% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.67, which is 56% below median its 10-year median of 6.02 and 92.1% above the Interactive Media industry median of 1.39. Forever Entertainment's overall GF Score™ is 74/100 with 3 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 Forever Entertainment (WAR:FOR), the current Cyclically Adjusted PS Ratio is 2.67 as of Jul. 05, 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?

Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued. The current stock price of zł2.48 is trading 22% below its estimated GF Value™ of zł3.18. GuruFocus considers Forever Entertainment to be Modestly Undervalued.

Key valuation signals for WAR:FOR:

  • Cyclically Adjusted PS Ratio: 2.67 (56% below median its 10-year median of 6.02)
  • GF Value™: zł3.18 vs. price of zł2.48 (22% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 92.1% above the Interactive Media median (#214 of 325)

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


Forever Entertainment Business Description

Address Al. Zwyciestwa 96/98, Gdynia, POL, 81-451
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
74GF Score

Get the complete analysis for WAR:FOR

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

zł2.48
Price
zł3.18
GF Value