Image Power (WAR:IPW) PB Ratio: 444.00 (As of Sep. 17, 2026) — 1969% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:IPW Image Power SA WAR:IPW
72 GF Score
Price zł2.22
GF Value zł2.18
Valuation Fairly Valued
! 5 Warning Signs
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What is Image Power PB Ratio?

Image Power WAR:IPW 72 PB Ratio is 444.00 as of Sep. 17, 2026, which is 1969% above its 10-year median of 21.46. GuruFocus rates WAR:IPW with a GF Score™ of 72/100 and a GF Value™ of zł2.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 514 Interactive Media companies, Image Power ranks worse than 100% 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 (2026-09-17), Image Power's share price is zł2.22. Image Power's Book Value per Share for the quarter that ended in Jun. 2026 was zł0.01. Hence, Image Power's PB Ratio of today is 444.00.

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

WAR:IPW' s PB Ratio Range Over the Past 10 Years
Min: 6.45   Med: 21.46   Max: 472
Current: 444

During the past 8 years, Image Power's highest PB Ratio was 472.00. The lowest was 6.45. And the median was 21.46.

WAR:IPW's PB Ratio is ranked worse than
100% of 514 companies
in the Interactive Media industry
Industry Median: 1.79 vs WAR:IPW: 444.00

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Image Power was 253.60% per year. The lowest was -35.10% per year. And the median was 96.40% per year.

Back to Basics: PB Ratio


Image Power  (WAR:IPW) 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.


Image Power PB Ratio Related Terms


Image Power PB Ratio Historical Data

* Premium members only.

The historical data trend for Image Power'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.

Image Power PB Ratio Chart

Image Power Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 24.55 22.76 23.53 0.00 0.00

Image Power Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.28 0.00 0.00 230.00

WAR:IPW vs NTES, TTWO, RBLX: PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Image Power'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.


Image Power PB Ratio vs Interactive Media Industry

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

* The bar in red indicates where Image Power's PB Ratio falls into.


WAR:IPW
72GF Score
Image Power SA WAR:IPW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Image Power 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.

Image Power's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=2.22/0.005
=444.00

* 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 444.00 mean?
Image Power (WAR:IPW) has a PB Ratio of 444.00 as of Sep. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Image Power and its competitors. This is 1969% above median its historical median of 21.46. Over the past decade, Image Power's PB Ratio has ranged from 6.45 to 472.00. According to the industry distribution chart, Image Power ranks #514 out of 514 companies in the Interactive Media industry.
Is Image Power's PB Ratio too high?
Image Power's current PB Ratio of 444.00 is 1969% above median its 10-year median of 21.46. Over the past 10 years, this metric has ranged from a low of 6.45 to a high of 472.00. The Interactive Media industry median PB Ratio is 1.79. Image Power's value of 444.00 is 24704.5% above this industry median. Based on the distribution chart, Image Power ranks #514 out of 514 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Image Power has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Image Power's PB Ratio compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Image Power ranks #514 out of 514 companies for PB Ratio. This places Image Power in the lower half of its industry. The industry median PB Ratio is 1.79. Image Power's value of 444.00 is 24704.5% above this benchmark. Historically, Image Power's own PB Ratio has ranged from 6.45 to 472.00 over the past decade. While the company's 10-year median is 21.46 vs. the industry median of 1.79, Image Power 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 1.79, 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. Image Power's current PB Ratio of 444.00 is 24704.5% 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 Image Power and its competitors. For the Interactive Media industry, the median PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Power's current PB Ratio is 444.00, which is 1969% above median its own 10-year median of 21.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Power stock overvalued right now?
Based on GuruFocus' analysis, Image Power (WAR:IPW) is currently considered Fairly Valued. The stock's GF Value™ is zł2.18, compared to a current price of zł2.22 — trading 1.8% above its estimated fair value. The current PB Ratio is 444.00, which is 1969% above median its 10-year median of 21.46 and 24704.5% above the Interactive Media industry median of 1.79. Image Power's overall GF Score™ is 72/100 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 Image Power (WAR:IPW), the current PB Ratio is 444.00 as of Sep. 17, 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 Image Power (WAR:IPW) Overvalued in 2026?

Based on GuruFocus' analysis, Image Power stock appears to be overvalued. The current stock price of zł2.22 is trading 1.8% above its estimated GF Value™ of zł2.18. GuruFocus considers Image Power to be Fairly Valued.

Key valuation signals for WAR:IPW:

  • PB Ratio: 444.00 (1969% above median its 10-year median of 21.46)
  • GF Value™: zł2.18 vs. price of zł2.22 (1.8% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 24704.5% above the Interactive Media median (#514 of 514)

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


Image Power Business Description

Address ul. Popularna 14/3, Warsaw, POL, 02-473
Image Power SA operates in the video game market, specializing in the production and distribution of games for desktop computers. The company is involved in the production, publishing and marketing of games. Its products are sold globally in the digital distribution model, mainly through the dedicated steam distribution platform, which is the distributor of PC games in the world. In addition, the games are released on consoles such as Nintendo Switch, Xbox One and PlayStation 4.
72GF Score

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

zł2.22
Price
zł2.18
GF Value