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.
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.
Devolver DigitalFRA:8CO -1.98%38 PB Ratio is 0.69 as of Jul. 18, 2026, which is 22% below its 10-year median of 0.88. GuruFocus rates FRA:8CO with a GF Score™ of 38/100 and a GF Value™ of €0.30 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 514 Interactive Media companies, Devolver Digital ranks better than 80.93% 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 (2026-07-18), Devolver Digital's share price is €0.198. Devolver Digital's Book Value per Share for the quarter that ended in Dec. 2025 was €0.29. Hence, Devolver Digital's PB Ratio of today is 0.69.
Good Sign:
Devolver Digital Inc stock PB Ratio (=0.7) is close to 2-year low of 0.68.
The historical rank and industry rank for Devolver Digital's PB Ratio or its related term are showing as below:
FRA:8CO'
s PB Ratio Range Over the Past 10 Years
Min: 0.43 Med: 0.88 Max: 16.17
Current: 0.68
During the past 9 years, Devolver Digital's highest PB Ratio was 16.17. The lowest was 0.43. And the median was 0.88.
FRA:8CO's PB Ratio is ranked better than 80.93% of 514
companies
in the Interactive Media industry
Industry Median: 1.73
vs FRA:8CO: 0.68
During the past 12 months, Devolver Digital's average Book Value Per Share Growth Rate was -13.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Devolver Digital was 167.30% per year. The lowest was -11.80% per year. And the median was 32.80% 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.
Devolver Digital PB Ratio Related Terms
Devolver Digital PB Ratio Historical Data
* Premium members only.
The historical data trend for Devolver Digital'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, Devolver Digital'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.
Devolver Digital PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Devolver Digital's PB Ratio distribution charts can be found below:
* The bar in red indicates where Devolver Digital'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.
* 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.
Devolver Digital (FRA:8CO) has a PB Ratio of 0.69 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Devolver Digital and its competitors. This is 22% below median its historical median of 0.88. Over the past decade, Devolver Digital's PB Ratio has ranged from 0.43 to 16.17. According to the industry distribution chart, Devolver Digital ranks #98 out of 514 companies in the Interactive Media industry, placing it in the top 19.1%.
Is Devolver Digital's PB Ratio too high?
Devolver Digital's current PB Ratio of 0.69 is 22% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 16.17. The Interactive Media industry median PB Ratio is 1.73. Devolver Digital's value of 0.69 is 60.1% below this industry median. Based on the distribution chart, Devolver Digital ranks #98 out of 514 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Devolver Digital has a GF Score™ of 38/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devolver Digital's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Devolver Digital ranks #98 out of 514 companies for PB Ratio. This places Devolver Digital in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.73. Devolver Digital's value of 0.69 is 60.1% below this benchmark. Historically, Devolver Digital's own PB Ratio has ranged from 0.43 to 16.17 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.73, Devolver Digital 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 1.73, 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. Devolver Digital's current PB Ratio of 0.69 is 60.1% 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 Devolver Digital and its competitors. For the Interactive Media industry, the median PB Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devolver Digital's current PB Ratio is 0.69, which is 22% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devolver Digital stock overvalued right now?
Based on GuruFocus' analysis, Devolver Digital (FRA:8CO) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.30, compared to a current price of €0.20 — trading 34% below its estimated fair value. The current PB Ratio is 0.69, which is 22% below median its 10-year median of 0.88 and 60.1% below the Interactive Media industry median of 1.73. Devolver Digital's overall GF Score™ is 38/100 with 3 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 Devolver Digital (FRA:8CO), the current PB Ratio is 0.69 as of Jul. 18, 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 Devolver Digital (FRA:8CO) Overvalued in 2026?
Based on GuruFocus' analysis, Devolver Digital stock appears to be undervalued.
The current stock price of €0.20 is trading 34% below its estimated GF Value™ of €0.30.
GuruFocus considers Devolver Digital to be Significantly Undervalued.
Key valuation signals for FRA:8CO:
PB Ratio: 0.69 (22% below median its 10-year median of 0.88)
GF Value™: €0.30 vs. price of €0.20 (34% below fair value)
Industry Position: 60.1% below the Interactive Media median (#98 of 514)
No single metric tells the full story. See the FRA:8CO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Devolver Digital Inc is engaged in the business of developing video games. Some of its games include Look Outside, Shotgun Cop Man, Forestrike, Minos, Shroom and Gloom, and others. The company operates in the USA, Croatia, the UK, the Netherlands, and Poland.
38GF Score
Get the complete analysis for FRA:8CO
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:8CO has been successfully added to your 
