Road Studio (WAR:RST) PB Ratio: 2.46 (As of Jul. 01, 2026) — Near Median


WAR:RST Road Studio SA WAR:RST
48 GF Score
Price zł5.10
GF Value zł19.25
Valuation Possible Value Trap
! 1 Warning Sign
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What is Road Studio PB Ratio?

Road Studio WAR:RST -3.77% 48 PB Ratio is 2.46 as of Jul. 01, 2026, which is 6% below its 10-year median of 2.63. GuruFocus rates WAR:RST with a GF Score™ of 48/100 and a GF Value™ of zł19.25 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 512 Interactive Media companies, Road Studio ranks worse than 64.45% 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 (2026-07-01), Road Studio's share price is zł5.10. Road Studio's Book Value per Share for the quarter that ended in Mar. 2026 was zł2.08. Hence, Road Studio's PB Ratio of today is 2.46.

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

WAR:RST' s PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.63   Max: 15.16
Current: 2.45

During the past 5 years, Road Studio's highest PB Ratio was 15.16. The lowest was 1.33. And the median was 2.63.

WAR:RST's PB Ratio is ranked worse than
64.45% of 512 companies
in the Interactive Media industry
Industry Median: 1.68 vs WAR:RST: 2.45

During the past 12 months, Road Studio's average Book Value Per Share Growth Rate was -21.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -24.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Road Studio was -9.80% per year. The lowest was -24.00% per year. And the median was -16.90% per year.

Back to Basics: PB Ratio


Road Studio  (WAR:RST) 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.


Road Studio PB Ratio Related Terms


Road Studio PB Ratio Historical Data

* Premium members only.

The historical data trend for Road Studio'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.

Road Studio PB Ratio Chart

Road Studio Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 2.65 3.20 1.76 2.35

Road Studio 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 1.83 2.09 2.76 2.35 2.73

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

For the Electronic Gaming & Multimedia subindustry, Road Studio'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.


Road Studio PB Ratio vs Interactive Media Industry

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

* The bar in red indicates where Road Studio's PB Ratio falls into.


WAR:RST
48GF Score
Road Studio SA WAR:RST
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Road Studio 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.

Road Studio's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.10/2.075
=2.46

* 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 2.46 mean?
Road Studio (WAR:RST) has a PB Ratio of 2.46 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Road Studio and its competitors. This is near median its historical median of 2.63. Over the past decade, Road Studio's PB Ratio has ranged from 1.33 to 15.16. According to the industry distribution chart, Road Studio ranks #330 out of 512 companies in the Interactive Media industry, placing it in the top 64.5%.
Is Road Studio's PB Ratio too high?
Road Studio's current PB Ratio of 2.46 is near median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 15.16. The Interactive Media industry median PB Ratio is 1.68. Road Studio's value of 2.46 is 46.4% above this industry median. Based on the distribution chart, Road Studio ranks #330 out of 512 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Road Studio has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Road Studio's PB Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Road Studio ranks #330 out of 512 companies for PB Ratio. This places Road Studio in the lower half of its industry. The industry median PB Ratio is 1.68. Road Studio's value of 2.46 is 46.4% above this benchmark. Historically, Road Studio's own PB Ratio has ranged from 1.33 to 15.16 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 1.68, Road Studio 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 1.68, based on 512 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. Road Studio's current PB Ratio of 2.46 is 46.4% 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 Road Studio and its competitors. For the Interactive Media industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Road Studio's current PB Ratio is 2.46, which is near median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Road Studio stock overvalued right now?
Based on GuruFocus' analysis, Road Studio (WAR:RST) is currently considered Possible Value Trap. The stock's GF Value™ is zł19.25, compared to a current price of zł5.10 — trading 73.5% below its estimated fair value. The current PB Ratio is 2.46, which is near median its 10-year median of 2.63 and 46.4% above the Interactive Media industry median of 1.68. Road Studio's overall GF Score™ is 48/100 with 1 warning sign 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 Road Studio (WAR:RST), the current PB Ratio is 2.46 as of Jul. 01, 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 Road Studio (WAR:RST) Overvalued in 2026?

Based on GuruFocus' analysis, Road Studio stock appears to be undervalued. The current stock price of zł5.10 is trading 73.5% below its estimated GF Value™ of zł19.25. GuruFocus considers Road Studio to be Possible Value Trap.

Key valuation signals for WAR:RST:

  • PB Ratio: 2.46 (near median its 10-year median of 2.63)
  • GF Value™: zł19.25 vs. price of zł5.10 (73.5% below fair value)
  • GF Score™: 48/100 with 1 warning sign
  • Industry Position: 46.4% above the Interactive Media median (#330 of 512)

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


Road Studio Business Description

Address Ulica Wernyhory 29A, Warsaw, POL, 02-727
Road Studio SA is a developer of automotive and survival themed simulation video games, which at the same time are travel-themed.
48GF Score

Get the complete analysis for WAR:RST

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

zł5.10
Price
zł19.25
GF Value