Safe Lane Gaming AB (NGM:SLG B) PB Ratio: 26.00 (As of Jul. 23, 2026) — 3277% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:SLG B Safe Lane Gaming AB NGM:SLG B
44 GF Score
Price kr1.69
GF Value kr3.56
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Safe Lane Gaming AB PB Ratio?

Safe Lane Gaming AB NGM:SLG B -2.31% 44 PB Ratio is 26.00 as of Jul. 23, 2026, which is 3277% above its 10-year median of 0.77. GuruFocus rates NGM:SLG B with a GF Score™ of 44/100 and a GF Value™ of kr3.56 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 514 Interactive Media companies, Safe Lane Gaming AB ranks worse than 98.05% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-23), Safe Lane Gaming AB's share price is kr1.69. Safe Lane Gaming AB's Book Value per Share for the quarter that ended in Mar. 2026 was kr0.07. Hence, Safe Lane Gaming AB's PB Ratio of today is 26.00.

The historical rank and industry rank for Safe Lane Gaming AB's PB Ratio or its related term are showing as below:

NGM:SLG B' s PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.77   Max: 35.83
Current: 26

During the past 13 years, Safe Lane Gaming AB's highest PB Ratio was 35.83. The lowest was 0.14. And the median was 0.77.

NGM:SLG B's PB Ratio is ranked worse than
98.05% of 514 companies
in the Interactive Media industry
Industry Median: 1.715 vs NGM:SLG B: 26.00

During the past 12 months, Safe Lane Gaming AB's average Book Value Per Share Growth Rate was -93.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -85.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Safe Lane Gaming AB was 94.90% per year. The lowest was -1363.90% per year. And the median was -69.20% per year.

Back to Basics: PB Ratio


Safe Lane Gaming AB  (NGM:SLG B) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Safe Lane Gaming AB PB Ratio Related Terms


Safe Lane Gaming AB PB Ratio Historical Data

* Premium members only.

The historical data trend for Safe Lane Gaming AB's 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.

Safe Lane Gaming AB PB Ratio Chart

Safe Lane Gaming AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.85 0.29 0.66 28.70

Safe Lane Gaming AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.40 0.33 26.67 28.70 27.62

NGM:SLG B vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Safe Lane Gaming AB's PB Ratio, along with its competitors' market caps and 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.


Safe Lane Gaming AB PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Safe Lane Gaming AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Safe Lane Gaming AB's PB Ratio falls into.


NGM:SLG B
44GF Score
Safe Lane Gaming AB NGM:SLG B
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe Lane Gaming AB PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Safe Lane Gaming AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.69/0.065
=26.00

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 26.00 mean?
Safe Lane Gaming AB (NGM:SLG B) has a PB Ratio of 26.00 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Safe Lane Gaming AB and its competitors. This is 3277% above median its historical median of 0.77. Over the past decade, Safe Lane Gaming AB's PB Ratio has ranged from 0.14 to 35.83. According to the industry distribution chart, Safe Lane Gaming AB ranks #504 out of 514 companies in the Interactive Media industry, placing it in the top 98.1%.
Is Safe Lane Gaming AB's PB Ratio too high?
Safe Lane Gaming AB's current PB Ratio of 26.00 is 3277% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 35.83. The Interactive Media industry median PB Ratio is 1.72. Safe Lane Gaming AB's value of 26.00 is 1416% above this industry median. Based on the distribution chart, Safe Lane Gaming AB ranks #504 out of 514 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Safe Lane Gaming AB has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safe Lane Gaming AB's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Safe Lane Gaming AB ranks #504 out of 514 companies for PB Ratio. This places Safe Lane Gaming AB in the lower half of its industry. The industry median PB Ratio is 1.72. Safe Lane Gaming AB's value of 26.00 is 1416% above this benchmark. Historically, Safe Lane Gaming AB's own PB Ratio has ranged from 0.14 to 35.83 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.72, Safe Lane Gaming AB 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 PB Ratio for an Interactive Media company?
The median PB Ratio among Interactive Media companies is 1.72, based on 514 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safe Lane Gaming AB's current PB Ratio of 26.00 is 1416% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Safe Lane Gaming AB and its competitors. For the Interactive Media industry, the median PB Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Lane Gaming AB's current PB Ratio is 26.00, which is 3277% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Lane Gaming AB stock overvalued right now?
Based on GuruFocus' analysis, Safe Lane Gaming AB (NGM:SLG B) is currently considered Significantly Undervalued. The stock's GF Value™ is kr3.56, compared to a current price of kr1.69 — trading 52.5% below its estimated fair value. The current PB Ratio is 26.00, which is 3277% above median its 10-year median of 0.77 and 1416% above the Interactive Media industry median of 1.72. Safe Lane Gaming AB's overall GF Score™ is 44/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Safe Lane Gaming AB (NGM:SLG B), the current PB Ratio is 26.00 as of Jul. 23, 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 Safe Lane Gaming AB (NGM:SLG B) Overvalued in 2026?

Based on GuruFocus' analysis, Safe Lane Gaming AB stock appears to be undervalued. The current stock price of kr1.69 is trading 52.5% below its estimated GF Value™ of kr3.56. GuruFocus considers Safe Lane Gaming AB to be Significantly Undervalued.

Key valuation signals for NGM:SLG B:

  • PB Ratio: 26.00 (3277% above median its 10-year median of 0.77)
  • GF Value™: kr3.56 vs. price of kr1.69 (52.5% below fair value)
  • GF Score™: 44/100 with 2 warning signs
  • Industry Position: 1416% above the Interactive Media median (#504 of 514)

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


Safe Lane Gaming AB Business Description

Address Birger Jarlsgatan 18A, Stockholm, SWE, 114 34
Safe Lane Gaming AB is an acquisition-intensive company in the gaming industry. The company is engaged in developing and managing games for all platforms.
44GF Score

Get the complete analysis for NGM:SLG B

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

kr1.69
Price
kr3.56
GF Value