Gaming Factory (WAR:GIF) PB Ratio: 1.65 (As of Jul. 15, 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

WAR:GIF Gaming Factory SA WAR:GIF
70 GF Score
Price zł4.57
GF Value zł46.98
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Gaming Factory PB Ratio?

Gaming Factory WAR:GIF +0.33% 70 PB Ratio is 1.65 as of Jul. 15, 2026, which is 31% below its 10-year median of 2.38. GuruFocus rates WAR:GIF with a GF Score™ of 70/100 and a GF Value™ of zł46.98 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 514 Interactive Media companies, Gaming Factory ranks better than 51.75% 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 (2026-07-15), Gaming Factory's share price is zł4.57. Gaming Factory's Book Value per Share for the quarter that ended in Mar. 2026 was zł2.77. Hence, Gaming Factory's PB Ratio of today is 1.65.

Good Sign:

Gaming Factory SA stock PB Ratio (=1.69) is close to 3-year low of 1.69.

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

WAR:GIF' s PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 2.38   Max: 5.29
Current: 1.66

During the past 8 years, Gaming Factory's highest PB Ratio was 5.29. The lowest was 1.07. And the median was 2.38.

WAR:GIF's PB Ratio is ranked better than
51.75% of 514 companies
in the Interactive Media industry
Industry Median: 1.735 vs WAR:GIF: 1.66

During the past 12 months, Gaming Factory's average Book Value Per Share Growth Rate was 22.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -25.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Gaming Factory was 59.50% per year. The lowest was -25.20% per year. And the median was 5.80% per year.

Back to Basics: PB Ratio


Gaming Factory  (WAR:GIF) 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.


Gaming Factory PB Ratio Related Terms


Gaming Factory PB Ratio Historical Data

* Premium members only.

The historical data trend for Gaming Factory'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.

Gaming Factory PB Ratio Chart

Gaming Factory Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial 2.41 1.29 1.45 2.90 3.12

Gaming Factory Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 3.12 5.01 2.68 2.70 1.81

WAR:GIF vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Gaming Factory'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.


Gaming Factory PB Ratio vs Interactive Media Industry

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

* The bar in red indicates where Gaming Factory's PB Ratio falls into.


WAR:GIF
70GF Score
Gaming Factory SA WAR:GIF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming Factory 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.

Gaming Factory's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=4.57/2.765
=1.65

* 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 1.65 mean?
Gaming Factory (WAR:GIF) has a PB Ratio of 1.65 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gaming Factory and its competitors. This is 31% below median its historical median of 2.38. Over the past decade, Gaming Factory's PB Ratio has ranged from 1.07 to 5.29. According to the industry distribution chart, Gaming Factory ranks #248 out of 514 companies in the Interactive Media industry, placing it in the top 48.2%.
Is Gaming Factory's PB Ratio too high?
Gaming Factory's current PB Ratio of 1.65 is 31% below median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 5.29. The Interactive Media industry median PB Ratio is 1.74. Gaming Factory's value of 1.65 is 4.9% below this industry median. Based on the distribution chart, Gaming Factory ranks #248 out of 514 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Gaming Factory has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming Factory's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Gaming Factory ranks #248 out of 514 companies for PB Ratio. This puts Gaming Factory in the upper half of its industry. The industry median PB Ratio is 1.74. Gaming Factory's value of 1.65 is 4.9% below this benchmark. Historically, Gaming Factory's own PB Ratio has ranged from 1.07 to 5.29 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.74, Gaming Factory has consistently been below 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 1.74, 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. Gaming Factory's current PB Ratio of 1.65 is 4.9% 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 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 Gaming Factory and its competitors. For the Interactive Media industry, the median PB Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming Factory's current PB Ratio is 1.65, which is 31% below median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming Factory stock overvalued right now?
Based on GuruFocus' analysis, Gaming Factory (WAR:GIF) is currently considered Significantly Undervalued. The stock's GF Value™ is zł46.98, compared to a current price of zł4.57 — trading 90.3% below its estimated fair value. The current PB Ratio is 1.65, which is 31% below median its 10-year median of 2.38 and 4.9% below the Interactive Media industry median of 1.74. Gaming Factory's overall GF Score™ is 70/100 with 1 warning sign 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 Gaming Factory (WAR:GIF), the current PB Ratio is 1.65 as of Jul. 15, 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 Gaming Factory (WAR:GIF) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming Factory stock appears to be undervalued. The current stock price of zł4.57 is trading 90.3% below its estimated GF Value™ of zł46.98. GuruFocus considers Gaming Factory to be Significantly Undervalued.

Key valuation signals for WAR:GIF:

  • PB Ratio: 1.65 (31% below median its 10-year median of 2.38)
  • GF Value™: zł46.98 vs. price of zł4.57 (90.3% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 4.9% below the Interactive Media median (#248 of 514)

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


Gaming Factory Business Description

Other Exchanges 9JU:Germany
Address ul. Powazkowska 15, Warsaw, POL, 01-797
Gaming Factory SA is a publisher of video and board games. Some of its games are Castle Flipper, City Eye, Cooking Championship, Farming Life, and Chains of Fury amongst others.
70GF Score

Get the complete analysis for WAR:GIF

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

zł4.57
Price
zł46.98
GF Value