CD Projekt Red (LTS:0LX1) PB Ratio: 2.90 (As of Aug. 14, 2026) — 67% Below Median

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LTS:0LX1 CD Projekt Red SA LTS:0LX1
79 GF Score
Price zł99.00
GF Value zł55.78
! 3 Warning Signs
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What is CD Projekt Red PB Ratio?

CD Projekt Red LTS:0LX1 79 PB Ratio is 2.90 as of Aug. 14, 2026, which is 67% below its 10-year median of 8.72. GuruFocus rates LTS:0LX1 with a GF Score™ of 79/100 and a GF Value™ of zł55.78. The stock has 3 warning signs investors should review. Among 507 Interactive Media companies, CD Projekt Red ranks worse than 90.73% 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 (2026-08-14), CD Projekt Red's share price is zł99.00. CD Projekt Red's Book Value per Share for the quarter that ended in Mar. 2026 was zł34.16. Hence, CD Projekt Red's PB Ratio of today is 2.90.

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

LTS:0LX1' s PB Ratio Range Over the Past 10 Years
Min: 4.12   Med: 8.72   Max: 39.37
Current: 7.5

During the past 13 years, CD Projekt Red's highest PB Ratio was 39.37. The lowest was 4.12. And the median was 8.72.

LTS:0LX1's PB Ratio is ranked worse than
90.73% of 507 companies
in the Interactive Media industry
Industry Median: 1.81 vs LTS:0LX1: 7.50

During the past 12 months, CD Projekt Red's average Book Value Per Share Growth Rate was 18.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CD Projekt Red was 131.30% per year. The lowest was -44.90% per year. And the median was 21.70% per year.

Back to Basics: PB Ratio


CD Projekt Red  (LTS:0LX1) 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.


CD Projekt Red PB Ratio Related Terms


CD Projekt Red PB Ratio Historical Data

* Premium members only.

The historical data trend for CD Projekt Red'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.

CD Projekt Red PB Ratio Chart

CD Projekt Red Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.26 4.87 4.12 3.57 3.01

CD Projekt Red 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 3.42 3.44 3.23 3.01 2.90

LTS:0LX1 vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, CD Projekt Red'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.


CD Projekt Red PB Ratio vs Interactive Media Industry

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

* The bar in red indicates where CD Projekt Red's PB Ratio falls into.


LTS:0LX1
79GF Score
CD Projekt Red SA LTS:0LX1
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CD Projekt Red 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.

CD Projekt Red's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=99.00/34.158
=2.90

* 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 2.90 mean?
CD Projekt Red (LTS:0LX1) has a PB Ratio of 2.90 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CD Projekt Red and its competitors. This is 67% below median its historical median of 8.72. Over the past decade, CD Projekt Red's PB Ratio has ranged from 4.12 to 39.37. According to the industry distribution chart, CD Projekt Red ranks #460 out of 507 companies in the Interactive Media industry, placing it in the top 90.7%.
Is CD Projekt Red's PB Ratio too high?
CD Projekt Red's current PB Ratio of 2.90 is 67% below median its 10-year median of 8.72. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 39.37. The Interactive Media industry median PB Ratio is 1.81. CD Projekt Red's value of 2.90 is 60.2% above this industry median. Based on the distribution chart, CD Projekt Red ranks #460 out of 507 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, CD Projekt Red has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does CD Projekt Red's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, CD Projekt Red ranks #460 out of 507 companies for PB Ratio. This places CD Projekt Red in the lower half of its industry. The industry median PB Ratio is 1.81. CD Projekt Red's value of 2.90 is 60.2% above this benchmark. Historically, CD Projekt Red's own PB Ratio has ranged from 4.12 to 39.37 over the past decade. While the company's 10-year median is 8.72 vs. the industry median of 1.81, CD Projekt Red 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 1.81, based on 507 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. CD Projekt Red's current PB Ratio of 2.90 is 60.2% 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 CD Projekt Red and its competitors. For the Interactive Media industry, the median PB Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CD Projekt Red's current PB Ratio is 2.90, which is 67% below median its own 10-year median of 8.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CD Projekt Red stock overvalued right now?
CD Projekt Red (LTS:0LX1) has a current PB Ratio of 2.90. The stock's GF Value™ is zł55.78, compared to a current price of zł99.00 — trading 77.5% above its estimated fair value. The current PB Ratio is 2.90, which is 67% below median its 10-year median of 8.72 and 60.2% above the Interactive Media industry median of 1.81. CD Projekt Red's overall GF Score™ is 79/100 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 CD Projekt Red (LTS:0LX1), the current PB Ratio is 2.90 as of Aug. 14, 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 CD Projekt Red (LTS:0LX1) Overvalued in 2026?

Based on GuruFocus' analysis, CD Projekt Red stock appears to be overvalued. The current stock price of zł99.00 is trading 77.5% above its estimated GF Value™ of zł55.78.

Key valuation signals for LTS:0LX1:

  • PB Ratio: 2.90 (67% below median its 10-year median of 8.72)
  • GF Value™: zł55.78 vs. price of zł99.00 (77.5% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 60.2% above the Interactive Media median (#460 of 507)

No single metric tells the full story. See the LTS:0LX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CD Projekt Red Business Description

Address ul. Jagiellonska 74, Building E, Warsaw, POL, 03-301
CD Projekt SA is the holding company of the CD Projekt capital group. The firm, with its subsidiary, develops and publishes video games for hardware platforms such as Steam, PlayStation Store, Xbox Games Store, Nintendo, App Store, Humble Bundle, Origin, and its own proprietary GOG.com platform. It is also involved in international digital video game distribution. The firm has CD Projekt Red and GOG.com segments. It derives the majority of its revenues from the CD Projekt Red segment.
79GF Score

Get the complete analysis for LTS:0LX1

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

zł99.00
Price
zł55.78
GF Value