Games OperatorsWAR:GOP -2.52%97 PB Ratio is 2.58 as of Jun. 26, 2026, which is 32% below its 10-year median of 3.79. GuruFocus rates WAR:GOP with a GF Score™ of 97/100 and a GF Value™ of zł14.51 (Fairly Valued). The stock has 7 warning signs investors should review. Among 513 Interactive Media companies, Games Operators ranks worse than 65.5% 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), Games Operators's share price is zł13.55. Games Operators's Book Value per Share for the quarter that ended in Mar. 2026 was zł5.25. Hence, Games Operators's PB Ratio of today is 2.58.
The historical rank and industry rank for Games Operators's PB Ratio or its related term are showing as below:
WAR:GOP'
s PB Ratio Range Over the Past 10 Years
Min: 1.75 Med: 3.79 Max: 21.53
Current: 2.57
During the past 10 years, Games Operators's highest PB Ratio was 21.53. The lowest was 1.75. And the median was 3.79.
WAR:GOP's PB Ratio is ranked worse than 65.5% of 513
companies
in the Interactive Media industry
Industry Median: 1.67
vs WAR:GOP: 2.57
During the past 12 months, Games Operators's average Book Value Per Share Growth Rate was -4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Games Operators was 138.70% per year. The lowest was -1.30% per year. And the median was 17.55% per year.
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.
Games Operators PB Ratio Related Terms
Games Operators PB Ratio Historical Data
* Premium members only.
The historical data trend for Games Operators'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.
For the Electronic Gaming & Multimedia subindustry, Games Operators'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.
Games Operators PB Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Games Operators's PB Ratio distribution charts can be found below:
* The bar in red indicates where Games Operators's PB Ratio falls into.
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.
Games Operators's PB Ratio for today is calculated as follows:
* 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.
Games Operators (WAR:GOP) has a PB Ratio of 2.58 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 Games Operators and its competitors. This is 32% below median its historical median of 3.79. Over the past decade, Games Operators' PB Ratio has ranged from 1.75 to 21.53. According to the industry distribution chart, Games Operators ranks #336 out of 513 companies in the Interactive Media industry, placing it in the top 65.5%.
Is Games Operators' PB Ratio too high?
Games Operators' current PB Ratio of 2.58 is 32% below median its 10-year median of 3.79. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 21.53. The Interactive Media industry median PB Ratio is 1.67. Games Operators' value of 2.58 is 54.5% above this industry median. Based on the distribution chart, Games Operators ranks #336 out of 513 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Games Operators has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Games Operators' PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Games Operators ranks #336 out of 513 companies for PB Ratio. This places Games Operators in the lower half of its industry. The industry median PB Ratio is 1.67. Games Operators' value of 2.58 is 54.5% above this benchmark. Historically, Games Operators' own PB Ratio has ranged from 1.75 to 21.53 over the past decade. While the company's 10-year median is 3.79 vs. the industry median of 1.67, Games Operators 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. Games Operators's current PB Ratio of 2.58 is 54.5% 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 Games Operators 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. Games Operators's current PB Ratio is 2.58, which is 32% below median its own 10-year median of 3.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Operators stock overvalued right now?
Based on GuruFocus' analysis, Games Operators (WAR:GOP) is currently considered Fairly Valued. The stock's GF Value™ is zł14.51, compared to a current price of zł13.55 — trading 6.6% below its estimated fair value. The current PB Ratio is 2.58, which is 32% below median its 10-year median of 3.79 and 54.5% above the Interactive Media industry median of 1.67. Games Operators' overall GF Score™ is 97/100 with 7 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 Games Operators (WAR:GOP), the current PB Ratio is 2.58 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 Games Operators (WAR:GOP) Overvalued in 2026?
Based on GuruFocus' analysis, Games Operators stock appears to be undervalued.
The current stock price of zł13.55 is trading 6.6% below its estimated GF Value™ of zł14.51.
GuruFocus considers Games Operators to be Fairly Valued.
Key valuation signals for WAR:GOP:
PB Ratio: 2.58 (32% below median its 10-year median of 3.79)
GF Value™: zł14.51 vs. price of zł13.55 (6.6% below fair value)
Industry Position: 54.5% above the Interactive Media median (#336 of 513)
No single metric tells the full story. See the WAR:GOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Games Operators SA is a publishing company that produces, distributes and sells pay-to-play games in United States, EU (especially England, France, Germany) and China markets. The company sells its games through online sales platforms such as Steam, Google Play, App Store, Nintendo eShop.
97GF Score
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