Winking StudiosFRA:G4D 46 PB Ratio is 1.19 as of Jul. 12, 2026, which is 35% below its 10-year median of 1.83. GuruFocus rates FRA:G4D with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 514 Interactive Media companies, Winking Studios ranks better than 61.09% 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 (2026-07-12), Winking Studios's share price is €0.121. Winking Studios's Book Value per Share for the quarter that ended in Dec. 2025 was €0.10. Hence, Winking Studios's PB Ratio of today is 1.19.
Good Sign:
Winking Studios Ltd stock PB Ratio (=1.32) is close to 3-year low of 1.32.
The historical rank and industry rank for Winking Studios's PB Ratio or its related term are showing as below:
FRA:G4D'
s PB Ratio Range Over the Past 10 Years
Min: 1.32 Med: 1.83 Max: 3.89
Current: 1.32
During the past 6 years, Winking Studios's highest PB Ratio was 3.89. The lowest was 1.32. And the median was 1.83.
FRA:G4D's PB Ratio is ranked better than 61.09% of 514
companies
in the Interactive Media industry
Industry Median: 1.7
vs FRA:G4D: 1.32
During the past 12 months, Winking Studios's average Book Value Per Share Growth Rate was 1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 42.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 37.20% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Winking Studios was 42.10% per year. The lowest was 41.50% per year. And the median was 41.50% 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.
Winking Studios PB Ratio Related Terms
Winking Studios PB Ratio Historical Data
* Premium members only.
The historical data trend for Winking Studios'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, Winking Studios'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.
Winking Studios PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Winking Studios's PB Ratio distribution charts can be found below:
* The bar in red indicates where Winking Studios'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.
Winking Studios'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.
Winking Studios (FRA:G4D) has a PB Ratio of 1.19 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Winking Studios and its competitors. This is 35% below median its historical median of 1.83. Over the past decade, Winking Studios' PB Ratio has ranged from 1.32 to 3.89. According to the industry distribution chart, Winking Studios ranks #200 out of 514 companies in the Interactive Media industry, placing it in the top 38.9%.
Is Winking Studios' PB Ratio too high?
Winking Studios' current PB Ratio of 1.19 is 35% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 3.89. The Interactive Media industry median PB Ratio is 1.70. Winking Studios' value of 1.19 is 30% below this industry median. Based on the distribution chart, Winking Studios ranks #200 out of 514 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Winking Studios has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Winking Studios' PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Winking Studios ranks #200 out of 514 companies for PB Ratio. This puts Winking Studios in the upper half of its industry. The industry median PB Ratio is 1.70. Winking Studios' value of 1.19 is 30% below this benchmark. Historically, Winking Studios' own PB Ratio has ranged from 1.32 to 3.89 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.70, Winking Studios 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 1.70, 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. Winking Studios's current PB Ratio of 1.19 is 30% 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 Winking Studios and its competitors. For the Interactive Media industry, the median PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winking Studios's current PB Ratio is 1.19, which is 35% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winking Studios stock overvalued right now?
Winking Studios (FRA:G4D) has a current PB Ratio of 1.19. The current PB Ratio is 1.19, which is 35% below median its 10-year median of 1.83 and 30% below the Interactive Media industry median of 1.70. Winking Studios' overall GF Score™ is 46/100 with 5 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 Winking Studios (FRA:G4D), the current PB Ratio is 1.19 as of Jul. 12, 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.
Winking Studios Ltd is an art outsourcing and game development studio providing complete end-to-end art outsourcing and game development services across various platforms. The three primary business segments of the company are the Original Equipment Manufacturer (Art Outsourcing Segment), Original Design Manufacturer (Game Development Segment), and Global Publishing and Others. The company derives maximum revenue from the Art Outsourcing Segment, which creates and develops digital art assets as part of its provision of art outsourcing services. The Group can provide a wide gamut of design services that include 2D concept art, 3D modeling, 2D animation, 3D animation, and visual effects. This art includes environment design and game character design.
46GF Score
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