Fortifai (ASX:FTI) PB Ratio: 36.50 (As of Jul. 02, 2026) — 1974% Above Median


ASX:FTI Fortifai Ltd ASX:FTI
35 GF Score
Price A$1.10
GF Value A$0.02
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fortifai PB Ratio?

Fortifai ASX:FTI +1.39% 35 PB Ratio is 36.50 as of Jul. 02, 2026, which is 1974% above its 10-year median of 1.76. GuruFocus rates ASX:FTI with a GF Score™ of 35/100 and a GF Value™ of A$0.02 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 512 Interactive Media companies, Fortifai ranks worse than 98.44% 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 (2026-07-02), Fortifai's share price is A$1.095. Fortifai's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.03. Hence, Fortifai's PB Ratio of today is 36.50.

Warning Sign:

Fortifai Ltd stock PB Ratio (=36.5) is close to 5-year high of 36.5.

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

ASX:FTI' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.76   Max: 38.5
Current: 36.5

During the past 5 years, Fortifai's highest PB Ratio was 38.50. The lowest was 0.42. And the median was 1.76.

ASX:FTI's PB Ratio is ranked worse than
98.44% of 512 companies
in the Interactive Media industry
Industry Median: 1.705 vs ASX:FTI: 36.50

During the past 12 months, Fortifai's average Book Value Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -67.40% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Fortifai was -67.40% per year. The lowest was -71.00% per year. And the median was -69.20% per year.

Back to Basics: PB Ratio


Fortifai  (ASX:FTI) 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.


Fortifai PB Ratio Related Terms


Fortifai PB Ratio Historical Data

* Premium members only.

The historical data trend for Fortifai'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.

Fortifai PB Ratio Chart

Fortifai Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
2.29 1.24 1.99 4.36 2.42

Fortifai Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 4.36 1.61 2.42 12.67

ASX:FTI vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Fortifai'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.


Fortifai PB Ratio vs Interactive Media Industry

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

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


ASX:FTI
35GF Score
Fortifai Ltd ASX:FTI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortifai 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.

Fortifai's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1.095/0.03
=36.50

* 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 36.50 mean?
Fortifai (ASX:FTI) has a PB Ratio of 36.50 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fortifai and its competitors. This is 1974% above median its historical median of 1.76. Over the past decade, Fortifai's PB Ratio has ranged from 0.42 to 38.50. According to the industry distribution chart, Fortifai ranks #504 out of 512 companies in the Interactive Media industry, placing it in the top 98.4%.
Is Fortifai's PB Ratio too high?
Fortifai's current PB Ratio of 36.50 is 1974% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 38.50. The Interactive Media industry median PB Ratio is 1.71. Fortifai's value of 36.50 is 2040.8% above this industry median. Based on the distribution chart, Fortifai ranks #504 out of 512 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Fortifai has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortifai's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Fortifai ranks #504 out of 512 companies for PB Ratio. This places Fortifai in the lower half of its industry. The industry median PB Ratio is 1.71. Fortifai's value of 36.50 is 2040.8% above this benchmark. Historically, Fortifai's own PB Ratio has ranged from 0.42 to 38.50 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.71, Fortifai 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 1.71, based on 512 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. Fortifai's current PB Ratio of 36.50 is 2040.8% 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 Fortifai and its competitors. For the Interactive Media industry, the median PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortifai's current PB Ratio is 36.50, which is 1974% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortifai stock overvalued right now?
Based on GuruFocus' analysis, Fortifai (ASX:FTI) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.02, compared to a current price of A$1.10 — trading 5375% above its estimated fair value. The current PB Ratio is 36.50, which is 1974% above median its 10-year median of 1.76 and 2040.8% above the Interactive Media industry median of 1.71. Fortifai's overall GF Score™ is 35/100 with 6 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 Fortifai (ASX:FTI), the current PB Ratio is 36.50 as of Jul. 02, 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 Fortifai (ASX:FTI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortifai stock appears to be overvalued. The current stock price of A$1.10 is trading 5375% above its estimated GF Value™ of A$0.02. GuruFocus considers Fortifai to be Significantly Overvalued.

Key valuation signals for ASX:FTI:

  • PB Ratio: 36.50 (1974% above median its 10-year median of 1.76)
  • GF Value™: A$0.02 vs. price of A$1.10 (5375% above fair value)
  • GF Score™: 35/100 with 6 warning signs
  • Industry Position: 2040.8% above the Interactive Media median (#504 of 512)

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


Fortifai Business Description

Other Exchanges 9UQ0:Germany
Address 169 Fullarton Road, Level 1, Dulwich, SA, AUS, 5065
Fortifai Ltd is engaged in developing and commercialising technology with a focus on AI. It has developed a broad portfolio of video games for console, PC, and mobile platforms. Mobile games and apps developed and/or published by the company are made available for customers on different app stores, including Apple's App Store, Google Play, and other platforms. The company uses AI to target efficiencies and expansion opportunities in technology. In addition to receiving fees for development work from clients, Fortifai monetises its games and apps through In-App purchases and advertising offered to consumers within games and apps for smartphones and tablets. It reports its business activities in one area: video games development.
35GF Score

Get the complete analysis for ASX:FTI

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

A$1.10
Price
A$0.02
GF Value