BTC Studios (WAR:BTC) PB Ratio: (As of Jul. 05, 2026)


WAR:BTC BTC Studios SA WAR:BTC
10 GF Score
Price zł0.11
GF Value zł0.05
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BTC Studios 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 (2026-07-05), BTC Studios's share price is zł0.11. BTC Studios's Book Value per Share for the quarter that ended in Dec. 2025 was zł-0.07. Hence, BTC Studios's PB Ratio of today is .

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

During the past 13 years, BTC Studios's highest PB Ratio was 12.43. The lowest was 0.20. And the median was 1.25.

WAR:BTC's PB Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.71
* Ranked among companies with meaningful PB Ratio only.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BTC Studios was 93.90% per year. The lowest was -26.30% per year. And the median was 6.40% per year.

Back to Basics: PB Ratio


BTC Studios  (WAR:BTC) 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.


BTC Studios PB Ratio Related Terms


BTC Studios PB Ratio Historical Data

* Premium members only.

The historical data trend for BTC 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.

BTC Studios PB Ratio Chart

BTC 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 2.78 0.72 0.00 0.00 0.00

BTC Studios Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00 0.00

WAR:BTC vs NTES, EA, TTWO: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, BTC 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.


BTC Studios PB Ratio vs Interactive Media Industry

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

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


WAR:BTC
10GF Score
BTC Studios SA WAR:BTC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BTC 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.11/-0.066
=

* 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 BTC Studios (WAR:BTC) Overvalued in 2026?

Based on GuruFocus' analysis, BTC Studios stock appears to be overvalued. The current stock price of zł0.11 is trading 120% above its estimated GF Value™ of zł0.05. GuruFocus considers BTC Studios to be Significantly Overvalued.

Key valuation signals for WAR:BTC:

  • PB Ratio:
  • GF Value™: zł0.05 vs. price of zł0.11 (120% above fair value)
  • GF Score™: 10/100 with 5 warning signs

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


BTC Studios Business Description

Address ul. Emilii Plater 28, Warszawa, POL, 00-688
BTC Studios SA is a game development company. Its portfolio of games include Taffy: Feed the Kitty; Sadie Sparks Magic Match; and Pirates Next Door: The Mad Chase.
10GF Score

Get the complete analysis for WAR:BTC

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

zł0.11
Price
zł0.05
GF Value