Baked Games (FRA:4U6) PB Ratio: 2.08 (As of Jun. 26, 2026) — 50% Below Median


FRA:4U6 Baked Games SA FRA:4U6
69 GF Score
Price €0.43
GF Value €0.34
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Baked Games PB Ratio?

Baked Games FRA:4U6 -3.17% 69 PB Ratio is 2.08 as of Jun. 26, 2026, which is 50% below its 10-year median of 4.20. GuruFocus rates FRA:4U6 with a GF Score™ of 69/100 and a GF Value™ of €0.34 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 513 Interactive Media companies, Baked Games ranks worse than 68.23% 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 (2026-06-26), Baked Games's share price is €0.428. Baked Games's Book Value per Share for the quarter that ended in Mar. 2026 was €0.21. Hence, Baked Games's PB Ratio of today is 2.08.

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

FRA:4U6' s PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 4.2   Max: 32.95
Current: 2.62

During the past 7 years, Baked Games's highest PB Ratio was 32.95. The lowest was 1.28. And the median was 4.20.

FRA:4U6's PB Ratio is ranked worse than
68.23% of 513 companies
in the Interactive Media industry
Industry Median: 1.67 vs FRA:4U6: 2.62

During the past 12 months, Baked Games's average Book Value Per Share Growth Rate was -31.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Baked Games was 19.50% per year. The lowest was -5.10% per year. And the median was 9.20% per year.

Back to Basics: PB Ratio


Baked Games  (FRA:4U6) 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.


Baked Games PB Ratio Related Terms


Baked Games PB Ratio Historical Data

* Premium members only.

The historical data trend for Baked 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.

Baked Games PB Ratio Chart

Baked Games Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 27.51 6.17 3.89 1.75 1.63

Baked Games 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 2.29 2.05 1.28 1.63 2.11

FRA:4U6 vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Baked 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.


Baked Games PB Ratio vs Interactive Media Industry

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

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


FRA:4U6
69GF Score
Baked Games SA FRA:4U6
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baked Games 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.

Baked Games's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.428/0.206
=2.08

* 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 2.08 mean?
Baked Games (FRA:4U6) has a PB Ratio of 2.08 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Baked Games and its competitors. This is 50% below median its historical median of 4.20. Over the past decade, Baked Games' PB Ratio has ranged from 1.28 to 32.95. According to the industry distribution chart, Baked Games ranks #350 out of 513 companies in the Interactive Media industry, placing it in the top 68.2%.
Is Baked Games' PB Ratio too high?
Baked Games' current PB Ratio of 2.08 is 50% below median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 32.95. The Interactive Media industry median PB Ratio is 1.67. Baked Games' value of 2.08 is 24.6% above this industry median. Based on the distribution chart, Baked Games ranks #350 out of 513 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Baked Games has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baked Games' PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Baked Games ranks #350 out of 513 companies for PB Ratio. This places Baked Games in the lower half of its industry. The industry median PB Ratio is 1.67. Baked Games' value of 2.08 is 24.6% above this benchmark. Historically, Baked Games' own PB Ratio has ranged from 1.28 to 32.95 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 1.67, Baked 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 1.67, based on 513 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. Baked Games's current PB Ratio of 2.08 is 24.6% 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 Baked Games and its competitors. For the Interactive Media industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baked Games's current PB Ratio is 2.08, which is 50% below median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baked Games stock overvalued right now?
Based on GuruFocus' analysis, Baked Games (FRA:4U6) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.34, compared to a current price of €0.43 — trading 25.9% above its estimated fair value. The current PB Ratio is 2.08, which is 50% below median its 10-year median of 4.20 and 24.6% above the Interactive Media industry median of 1.67. Baked Games' overall GF Score™ is 69/100 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 Baked Games (FRA:4U6), the current PB Ratio is 2.08 as of Jun. 26, 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 Baked Games (FRA:4U6) Overvalued in 2026?

Based on GuruFocus' analysis, Baked Games stock appears to be overvalued. The current stock price of €0.43 is trading 25.9% above its estimated GF Value™ of €0.34. GuruFocus considers Baked Games to be Modestly Overvalued.

Key valuation signals for FRA:4U6:

  • PB Ratio: 2.08 (50% below median its 10-year median of 4.20)
  • GF Value™: €0.34 vs. price of €0.43 (25.9% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 24.6% above the Interactive Media median (#350 of 513)

No single metric tells the full story. See the FRA:4U6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baked Games Business Description

Other Exchanges BKD:Poland4U6:Germany
Address Zofii Nalkowska Street 5/10, Czeladz, POL, 41-250
Baked Games SA is a gaming studio. It acts as a developer of games published by third parties publishers, with the proviso that the company has released its own games for mobile platforms, App Store and Google Play. In this model, after creating the game, the developer hands it over to the publisher, who commercializes it and incurs the related expenses. Some of its games are Prison Simulator, Alaska Gold Fever, and Security Guard among others.
69GF Score

Get the complete analysis for FRA:4U6

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

€0.43
Price
€0.34
GF Value