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Nitro GamesOSTO:NITRO +13.40%58 PB Ratio is 2.00 as of Jul. 16, 2026, which is 48% below its 10-year median of 3.87. GuruFocus rates OSTO:NITRO with a GF Score™ of 58/100 and a GF Value™ of kr1.43 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 514 Interactive Media companies, Nitro Games ranks worse than 55.06% 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 (2026-07-16), Nitro Games's share price is kr2.37. Nitro Games's Book Value per Share for the quarter that ended in Mar. 2026 was kr1.18. Hence, Nitro Games's PB Ratio of today is 2.00.
Warning Sign:
Nitro Games PLC stock PB Ratio (=1.84) is close to 1-year high of 1.91.
The historical rank and industry rank for Nitro Games's PB Ratio or its related term are showing as below:
OSTO:NITRO'
s PB Ratio Range Over the Past 10 Years
Min: 1.06 Med: 3.87 Max: 45.23
Current: 2
During the past 11 years, Nitro Games's highest PB Ratio was 45.23. The lowest was 1.06. And the median was 3.87.
OSTO:NITRO's PB Ratio is ranked worse than 55.06% of 514
companies
in the Interactive Media industry
Industry Median: 1.755
vs OSTO:NITRO: 2.00
During the past 12 months, Nitro Games's average Book Value Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 24.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -24.80% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Nitro Games was 25.00% per year. The lowest was -49.10% per year. And the median was -27.65% per year.
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.
Nitro Games PB Ratio Related Terms
Nitro Games PB Ratio Historical Data
* Premium members only.
The historical data trend for Nitro Games'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.
For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.
Nitro Games PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nitro Games's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nitro Games's PB Ratio falls into.
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.
Nitro Games's PB Ratio for today is calculated as follows:
* 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.
Nitro Games (OSTO:NITRO) has a PB Ratio of 2.00 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Nitro Games and its competitors. This is 48% below median its historical median of 3.87. Over the past decade, Nitro Games' PB Ratio has ranged from 1.06 to 45.23. According to the industry distribution chart, Nitro Games ranks #283 out of 514 companies in the Interactive Media industry, placing it in the top 55.1%.
Is Nitro Games' PB Ratio too high?
Nitro Games' current PB Ratio of 2.00 is 48% below median its 10-year median of 3.87. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 45.23. The Interactive Media industry median PB Ratio is 1.76. Nitro Games' value of 2.00 is 14% above this industry median. Based on the distribution chart, Nitro Games ranks #283 out of 514 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Nitro Games has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #283 out of 514 companies for PB Ratio. This places Nitro Games in the lower half of its industry. The industry median PB Ratio is 1.76. Nitro Games' value of 2.00 is 14% above this benchmark. Historically, Nitro Games' own PB Ratio has ranged from 1.06 to 45.23 over the past decade. While the company's 10-year median is 3.87 vs. the industry median of 1.76, Nitro Games 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 1.76, 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. Nitro Games's current PB Ratio of 2.00 is 14% 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 Nitro Games and its competitors. For the Interactive Media industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current PB Ratio is 2.00, which is 48% below median its own 10-year median of 3.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.43, compared to a current price of kr2.37 — trading 65.7% above its estimated fair value. The current PB Ratio is 2.00, which is 48% below median its 10-year median of 3.87 and 14% above the Interactive Media industry median of 1.76. Nitro Games' overall GF Score™ is 58/100 with 8 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 Nitro Games (OSTO:NITRO), the current PB Ratio is 2.00 as of Jul. 16, 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?
Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued.
The current stock price of kr2.37 is trading 65.7% above its estimated GF Value™ of kr1.43.
GuruFocus considers Nitro Games to be Significantly Overvalued.
Key valuation signals for OSTO:NITRO:
PB Ratio: 2.00 (48% below median its 10-year median of 3.87)
GF Value™: kr1.43 vs. price of kr2.37 (65.7% above fair value)
Industry Position: 14% above the Interactive Media median (#283 of 514)
No single metric tells the full story. See the OSTO:NITRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
58GF Score
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