Forever Entertainment (WAR:FOR) PB Ratio: 1.73 (As of Jun. 26, 2026) — 59% Below Median


WAR:FOR Forever Entertainment SA WAR:FOR
74 GF Score
Price zł2.51
GF Value zł3.19
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Forever Entertainment PB Ratio?

Forever Entertainment WAR:FOR 74 PB Ratio is 1.73 as of Jun. 26, 2026, which is 59% below its 10-year median of 4.27. GuruFocus rates WAR:FOR with a GF Score™ of 74/100 and a GF Value™ of zł3.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 513 Interactive Media companies, Forever Entertainment ranks worse than 52.05% 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), Forever Entertainment's share price is zł2.51. Forever Entertainment's Book Value per Share for the quarter that ended in Mar. 2026 was zł1.45. Hence, Forever Entertainment's PB Ratio of today is 1.73.

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

WAR:FOR' s PB Ratio Range Over the Past 10 Years
Min: 1.54   Med: 4.27   Max: 18.01
Current: 1.73

During the past 13 years, Forever Entertainment's highest PB Ratio was 18.01. The lowest was 1.54. And the median was 4.27.

WAR:FOR's PB Ratio is ranked worse than
52.05% of 513 companies
in the Interactive Media industry
Industry Median: 1.67 vs WAR:FOR: 1.73

During the past 12 months, Forever Entertainment's average Book Value Per Share Growth Rate was -21.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 26.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Forever Entertainment was 136.40% per year. The lowest was -19.10% per year. And the median was 25.00% per year.

Back to Basics: PB Ratio


Forever Entertainment  (WAR:FOR) 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.


Forever Entertainment PB Ratio Related Terms


Forever Entertainment PB Ratio Historical Data

* Premium members only.

The historical data trend for Forever Entertainment'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.

Forever Entertainment PB Ratio Chart

Forever Entertainment 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 5.43 3.45 2.31 2.11 1.71

Forever Entertainment 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 2.28 1.92 1.92 1.71 1.83

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

For the Electronic Gaming & Multimedia subindustry, Forever Entertainment'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.


Forever Entertainment PB Ratio vs Interactive Media Industry

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

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


WAR:FOR
74GF Score
Forever Entertainment SA WAR:FOR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forever Entertainment 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.

Forever Entertainment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.51/1.448
=1.73

* 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 1.73 mean?
Forever Entertainment (WAR:FOR) has a PB Ratio of 1.73 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 Forever Entertainment and its competitors. This is 59% below median its historical median of 4.27. Over the past decade, Forever Entertainment's PB Ratio has ranged from 1.54 to 18.01. According to the industry distribution chart, Forever Entertainment ranks #267 out of 513 companies in the Interactive Media industry, placing it in the top 52%.
Is Forever Entertainment's PB Ratio too high?
Forever Entertainment's current PB Ratio of 1.73 is 59% below median its 10-year median of 4.27. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 18.01. The Interactive Media industry median PB Ratio is 1.67. Forever Entertainment's value of 1.73 is 3.6% above this industry median. Based on the distribution chart, Forever Entertainment ranks #267 out of 513 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Forever Entertainment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Forever Entertainment ranks #267 out of 513 companies for PB Ratio. This places Forever Entertainment in the lower half of its industry. The industry median PB Ratio is 1.67. Forever Entertainment's value of 1.73 is 3.6% above this benchmark. Historically, Forever Entertainment's own PB Ratio has ranged from 1.54 to 18.01 over the past decade. While the company's 10-year median is 4.27 vs. the industry median of 1.67, Forever Entertainment 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. Forever Entertainment's current PB Ratio of 1.73 is 3.6% 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 Forever Entertainment 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. Forever Entertainment's current PB Ratio is 1.73, which is 59% below median its own 10-year median of 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.19, compared to a current price of zł2.51 — trading 21.3% below its estimated fair value. The current PB Ratio is 1.73, which is 59% below median its 10-year median of 4.27 and 3.6% above the Interactive Media industry median of 1.67. Forever Entertainment's overall GF Score™ is 74/100 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 Forever Entertainment (WAR:FOR), the current PB Ratio is 1.73 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?

Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued. The current stock price of zł2.51 is trading 21.3% below its estimated GF Value™ of zł3.19. GuruFocus considers Forever Entertainment to be Modestly Undervalued.

Key valuation signals for WAR:FOR:

  • PB Ratio: 1.73 (59% below median its 10-year median of 4.27)
  • GF Value™: zł3.19 vs. price of zł2.51 (21.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 3.6% above the Interactive Media median (#267 of 513)

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


Forever Entertainment Business Description

Address Al. Zwyciestwa 96/98, Gdynia, POL, 81-451
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
74GF Score

Get the complete analysis for WAR:FOR

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

zł2.51
Price
zł3.19
GF Value