Varsav Game Studios (STU:2QW) PB Ratio: 0.86 (As of Jul. 14, 2026) — 65% Below Median

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STU:2QW Varsav Game Studios SA STU:2QW
56 GF Score
Price €0.10
GF Value €0.15
! 5 Warning Signs
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What is Varsav Game Studios PB Ratio?

Varsav Game Studios STU:2QW 56 PB Ratio is 0.86 as of Jul. 14, 2026, which is 65% below its 10-year median of 2.46. GuruFocus rates STU:2QW with a GF Score™ of 56/100 and a GF Value™ of €0.15. The stock has 5 warning signs investors should review. Among 514 Interactive Media companies, Varsav Game Studios ranks better than 73.93% 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 (2026-07-14), Varsav Game Studios's share price is €0.095. Varsav Game Studios's Book Value per Share for the quarter that ended in Mar. 2026 was €0.11. Hence, Varsav Game Studios's PB Ratio of today is 0.86.

Good Sign:

Varsav Game Studios SA stock PB Ratio (=0.93) is close to 1-year low of 0.85.

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

STU:2QW' s PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 2.46   Max: 27.25
Current: 0.93

During the past 13 years, Varsav Game Studios's highest PB Ratio was 27.25. The lowest was 0.79. And the median was 2.46.

STU:2QW's PB Ratio is ranked better than
73.93% of 514 companies
in the Interactive Media industry
Industry Median: 1.71 vs STU:2QW: 0.93

During the past 12 months, Varsav Game Studios's average Book Value Per Share Growth Rate was -2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Varsav Game Studios was 65.70% per year. The lowest was -40.60% per year. And the median was 7.45% per year.

Back to Basics: PB Ratio


Varsav Game Studios  (STU:2QW) 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.


Varsav Game Studios PB Ratio Related Terms


Varsav Game Studios PB Ratio Historical Data

* Premium members only.

The historical data trend for Varsav Game 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.

Varsav Game Studios PB Ratio Chart

Varsav Game Studios 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 2.01 1.37 1.22 1.01 0.82

Varsav Game Studios 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 0.81 0.93 1.17 0.82 0.89

STU:2QW vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Varsav Game 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.


Varsav Game Studios PB Ratio vs Interactive Media Industry

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

* The bar in red indicates where Varsav Game Studios's PB Ratio falls into.


STU:2QW
56GF Score
Varsav Game Studios SA STU:2QW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Varsav Game Studios 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.

Varsav Game Studios's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.095/0.11
=0.86

* 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 0.86 mean?
Varsav Game Studios (STU:2QW) has a PB Ratio of 0.86 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Varsav Game Studios and its competitors. This is 65% below median its historical median of 2.46. Over the past decade, Varsav Game Studios' PB Ratio has ranged from 0.79 to 27.25. According to the industry distribution chart, Varsav Game Studios ranks #134 out of 514 companies in the Interactive Media industry, placing it in the top 26.1%.
Is Varsav Game Studios' PB Ratio too high?
Varsav Game Studios' current PB Ratio of 0.86 is 65% below median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 27.25. The Interactive Media industry median PB Ratio is 1.71. Varsav Game Studios' value of 0.86 is 49.7% below this industry median. Based on the distribution chart, Varsav Game Studios ranks #134 out of 514 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Varsav Game Studios has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Varsav Game Studios' PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Varsav Game Studios ranks #134 out of 514 companies for PB Ratio. This puts Varsav Game Studios in the upper half of its industry. The industry median PB Ratio is 1.71. Varsav Game Studios' value of 0.86 is 49.7% below this benchmark. Historically, Varsav Game Studios' own PB Ratio has ranged from 0.79 to 27.25 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 1.71, Varsav Game 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 1.71, 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. Varsav Game Studios's current PB Ratio of 0.86 is 49.7% 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 Varsav Game Studios and its competitors. For the Interactive Media industry, the median PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varsav Game Studios's current PB Ratio is 0.86, which is 65% below median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varsav Game Studios stock overvalued right now?
Varsav Game Studios (STU:2QW) has a current PB Ratio of 0.86. The stock's GF Value™ is €0.15, compared to a current price of €0.10 — trading 36.7% below its estimated fair value. The current PB Ratio is 0.86, which is 65% below median its 10-year median of 2.46 and 49.7% below the Interactive Media industry median of 1.71. Varsav Game Studios' overall GF Score™ is 56/100 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 Varsav Game Studios (STU:2QW), the current PB Ratio is 0.86 as of Jul. 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 Varsav Game Studios (STU:2QW) Overvalued in 2026?

Based on GuruFocus' analysis, Varsav Game Studios stock appears to be undervalued. The current stock price of €0.10 is trading 36.7% below its estimated GF Value™ of €0.15.

Key valuation signals for STU:2QW:

  • PB Ratio: 0.86 (65% below median its 10-year median of 2.46)
  • GF Value™: €0.15 vs. price of €0.10 (36.7% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 49.7% below the Interactive Media median (#134 of 514)

No single metric tells the full story. See the STU:2QW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Varsav Game Studios Business Description

Other Exchanges VAR:Poland
Address Aleje Jerozolimskie 123A, Warsaw, POL, 02-017
Varsav Game Studios SA is a Poland-based company. It is mainly engaged in the production of PC and mobile games and applications. The company offers various services to the gaming industry, including portfolio building and providing technological and financial support. Games developed by the company include Bee Simulator, AR Kicker, Crowd Dragons, Metamorphosis, and Interkosmos.
56GF Score

Get the complete analysis for STU:2QW

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

€0.10
Price
€0.15
GF Value