CreativeForge Games (WAR:CFG) PB Ratio: 2.13 (As of Jun. 26, 2026) — 50% Below Median


WAR:CFG CreativeForge Games SA WAR:CFG
54 GF Score
Price zł1.60
GF Value zł1.28
Valuation Modestly Overvalued
! 6 Warning Signs
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What is CreativeForge Games PB Ratio?

CreativeForge Games WAR:CFG 54 PB Ratio is 2.13 as of Jun. 26, 2026, which is 50% below its 10-year median of 4.29. GuruFocus rates WAR:CFG with a GF Score™ of 54/100 and a GF Value™ of zł1.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 513 Interactive Media companies, CreativeForge Games ranks worse than 58.67% 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 (2026-06-26), CreativeForge Games's share price is zł1.60. CreativeForge Games's Book Value per Share for the quarter that ended in Mar. 2026 was zł0.75. Hence, CreativeForge Games's PB Ratio of today is 2.13.

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

WAR:CFG' s PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 4.29   Max: 14.7
Current: 2.06

During the past 8 years, CreativeForge Games's highest PB Ratio was 14.70. The lowest was 0.88. And the median was 4.29.

WAR:CFG's PB Ratio is ranked worse than
58.67% of 513 companies
in the Interactive Media industry
Industry Median: 1.67 vs WAR:CFG: 2.06

During the past 12 months, CreativeForge Games's average Book Value Per Share Growth Rate was -50.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -29.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -22.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of CreativeForge Games was 8.30% per year. The lowest was -29.80% per year. And the median was -11.90% per year.

Back to Basics: PB Ratio


CreativeForge Games  (WAR:CFG) 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.


CreativeForge Games PB Ratio Related Terms


CreativeForge Games PB Ratio Historical Data

* Premium members only.

The historical data trend for CreativeForge Games'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.

CreativeForge Games PB Ratio Chart

CreativeForge Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 8.40 4.94 5.73 1.15 2.45

CreativeForge Games 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 1.42 1.63 1.55 2.45 2.20

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

For the Electronic Gaming & Multimedia subindustry, CreativeForge Games'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.


CreativeForge Games PB Ratio vs Interactive Media Industry

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

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


WAR:CFG
54GF Score
CreativeForge Games SA WAR:CFG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CreativeForge Games 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.

CreativeForge Games's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.60/0.751
=2.13

* 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 2.13 mean?
CreativeForge Games (WAR:CFG) has a PB Ratio of 2.13 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CreativeForge Games and its competitors. This is 50% below median its historical median of 4.29. Over the past decade, CreativeForge Games' PB Ratio has ranged from 0.88 to 14.70. According to the industry distribution chart, CreativeForge Games ranks #301 out of 513 companies in the Interactive Media industry, placing it in the top 58.7%.
Is CreativeForge Games' PB Ratio too high?
CreativeForge Games' current PB Ratio of 2.13 is 50% below median its 10-year median of 4.29. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 14.70. The Interactive Media industry median PB Ratio is 1.67. CreativeForge Games' value of 2.13 is 27.5% above this industry median. Based on the distribution chart, CreativeForge Games ranks #301 out of 513 companies in the Interactive Media industry, which is below the industry midpoint. Overall, CreativeForge Games has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CreativeForge Games' PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, CreativeForge Games ranks #301 out of 513 companies for PB Ratio. This places CreativeForge Games in the lower half of its industry. The industry median PB Ratio is 1.67. CreativeForge Games' value of 2.13 is 27.5% above this benchmark. Historically, CreativeForge Games' own PB Ratio has ranged from 0.88 to 14.70 over the past decade. While the company's 10-year median is 4.29 vs. the industry median of 1.67, CreativeForge Games 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 1.67, based on 513 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. CreativeForge Games's current PB Ratio of 2.13 is 27.5% 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 CreativeForge Games and its competitors. For the Interactive Media industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CreativeForge Games's current PB Ratio is 2.13, which is 50% below median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CreativeForge Games stock overvalued right now?
Based on GuruFocus' analysis, CreativeForge Games (WAR:CFG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł1.28, compared to a current price of zł1.60 — trading 25% above its estimated fair value. The current PB Ratio is 2.13, which is 50% below median its 10-year median of 4.29 and 27.5% above the Interactive Media industry median of 1.67. CreativeForge Games' overall GF Score™ is 54/100 with 6 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 CreativeForge Games (WAR:CFG), the current PB Ratio is 2.13 as of Jun. 26, 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 CreativeForge Games (WAR:CFG) Overvalued in 2026?

Based on GuruFocus' analysis, CreativeForge Games stock appears to be overvalued. The current stock price of zł1.60 is trading 25% above its estimated GF Value™ of zł1.28. GuruFocus considers CreativeForge Games to be Modestly Overvalued.

Key valuation signals for WAR:CFG:

  • PB Ratio: 2.13 (50% below median its 10-year median of 4.29)
  • GF Value™: zł1.28 vs. price of zł1.60 (25% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 27.5% above the Interactive Media median (#301 of 513)

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


CreativeForge Games Business Description

Other Exchanges 19F:Germany
Address ul. Bluszczanska 76/PAW. 6, Warsaw, POL, 00-712
CreativeForge Games SA is a game development studio. It creates games for PC, PlayStation, Xbox, and other devices. The company's games include Hard West, Phantom Doctrine, and The tactical Cold War.
54GF Score

Get the complete analysis for WAR:CFG

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

zł1.60
Price
zł1.28
GF Value