Nacon (LTS:0A9N) PB Ratio: (As of Jul. 28, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

LTS:0A9N Nacon SA LTS:0A9N
47 GF Score
Price €0.16
GF Value €1.05
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Nacon PB Ratio?

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 (2026-07-28), Nacon's share price is €0.1576. Nacon's Book Value per Share for the quarter that ended in Sep. 2025 was €-0.75. Hence, Nacon's PB Ratio of today is .

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

During the past 10 years, Nacon's highest PB Ratio was 5.28. The lowest was 0.04. And the median was 0.79.

LTS:0A9N's PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.755
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Nacon's average Book Value Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Nacon was 54.80% per year. The lowest was 0.00% per year. And the median was 22.40% per year.

Back to Basics: PB Ratio


Nacon  (LTS:0A9N) 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.


Nacon PB Ratio Related Terms


Nacon PB Ratio Historical Data

* Premium members only.

The historical data trend for Nacon'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.

Nacon PB Ratio Chart

Nacon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 0.71 0.44 0.22 0.00

Nacon Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 0.44 0.33 0.22 0.28 0.00

LTS:0A9N vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Nacon'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.


Nacon PB Ratio vs Interactive Media Industry

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

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


LTS:0A9N
47GF Score
Nacon SA LTS:0A9N
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nacon 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=0.1576/-0.746
=

* 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.

Is Nacon (LTS:0A9N) Overvalued in 2026?

Based on GuruFocus' analysis, Nacon stock appears to be undervalued. The current stock price of €0.16 is trading 85% below its estimated GF Value™ of €1.05. GuruFocus considers Nacon to be Possible Value Trap.

Key valuation signals for LTS:0A9N:

  • PB Ratio:
  • GF Value™: €1.05 vs. price of €0.16 (85% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the LTS:0A9N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nacon Business Description

Other Exchanges NACON:France4AW:Germany
Address 396/466, Rue de la Voyette, CRT 2, Fretin, FRA, 59273
Nacon SA is engaged in the development, publishing, marketing, and distribution of video games in physical and digital formats and the design, development, manufacturing, and distribution of video game accessories. Products/services: The Group offers video game software for consoles and PC, including internally and externally developed titles, and a range of gaming accessories such as controllers and related peripherals. Segments: It operates through two main segments, comprising video games (development and publishing) and gaming accessories. The Group operates internationally, with activities covering Europe, North America, and other international markets through digital platforms, distributors, and subsidiaries.
47GF Score

Get the complete analysis for LTS:0A9N

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

€0.16
Price
€1.05
GF Value