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Ten Square Games (WAR:TEN) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Ten Square Games Forward PE Ratio Related Terms
Ten Square Games Forward PE Ratio Historical Data
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The historical data trend for Ten Square Games's Forward PE 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.
Ten Square Games Forward PE Ratio Chart
Ten Square Games Annual Data
Trend
2024-12
2025-12
Forward PE Ratio
6.34
8.76
Ten Square Games Quarterly Data
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
6.34
7.94
7.88
8.59
8.76
8.73
WAR:TEN vs NTES, EA, TTWO: Forward PE Ratio Comparison
For the Electronic Gaming & Multimedia subindustry, Ten Square Games's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Ten Square Games Forward PE Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Ten Square Games's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Ten Square Games's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Ten Square Games (WAR:TEN) has a Forward PE Ratio of 12.08 as of Aug. 08, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ten Square Games and its competitors. According to the industry distribution chart, Ten Square Games ranks #99 out of 244 companies in the Interactive Media industry, placing it in the top 40.6%.
Is Ten Square Games' Forward PE Ratio too high?
Ten Square Games' current Forward PE Ratio is 12.08. The Interactive Media industry median Forward PE Ratio is 14.51. Ten Square Games' value of 12.08 is 16.7% below this industry median. Based on the distribution chart, Ten Square Games ranks #99 out of 244 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Ten Square Games has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ten Square Games' Forward PE Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ten Square Games ranks #99 out of 244 companies for Forward PE Ratio. This puts Ten Square Games in the upper half of its industry. The industry median Forward PE Ratio is 14.51. Ten Square Games' value of 12.08 is 16.7% 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 Forward PE Ratio for an Interactive Media company?
The median Forward PE Ratio among Interactive Media companies is 14.51, based on 244 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ten Square Games's current Forward PE Ratio of 12.08 is 16.7% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Ten Square Games and its competitors. For the Interactive Media industry, the median Forward PE Ratio is 14.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Square Games's current Forward PE Ratio is 12.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Square Games stock overvalued right now?
Based on GuruFocus' analysis, Ten Square Games (WAR:TEN) is currently considered Modestly Overvalued. The stock's GF Value™ is zł85.51, compared to a current price of zł107.00 — trading 25.1% above its estimated fair value. The current Forward PE Ratio is 12.08 and 16.7% below the Interactive Media industry median of 14.51. Ten Square Games' overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Ten Square Games (WAR:TEN), the current Forward PE Ratio is 12.08 as of Aug. 08, 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 Ten Square Games (WAR:TEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ten Square Games stock appears to be overvalued.
The current stock price of zł107.00 is trading 25.1% above its estimated GF Value™ of zł85.51.
GuruFocus considers Ten Square Games to be Modestly Overvalued.
Key valuation signals for WAR:TEN:
Forward PE Ratio: 12.08
GF Value™: zł85.51 vs. price of zł107.00 (25.1% above fair value)
Industry Position: 16.7% below the Interactive Media median (#99 of 244)
No single metric tells the full story. See the WAR:TEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ten Square Games SA is a developer of free-to-play mobile games with a focus on hobby genres, including fishing, hunting, and aviation. The company's portfolio includes popular titles such as Fishing Clash, Hunting Clash, Real Flight Simulator, Trophy Hunter, Let's Fish, and Wings of Heroes. The company's source of revenue includes micro-payments, subscriptions, advertisement, and licenses. The company generates the majority of its revenue from the micro-payments.
82GF Score
Get the complete analysis for WAR:TEN
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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