CD Projekt Red (LTS:0LX1) PE Ratio: 16.92 (As of Aug. 14, 2026) — 62% Below Median

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LTS:0LX1 CD Projekt Red SA LTS:0LX1
78 GF Score
Price zł99.00
GF Value zł55.78
! 3 Warning Signs
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What is CD Projekt Red PE Ratio?

CD Projekt Red LTS:0LX1 78 PE Ratio is 16.92 as of Aug. 14, 2026, which is 62% below its 10-year median of 44.62. GuruFocus rates LTS:0LX1 with a GF Score™ of 78/100 and a GF Value™ of zł55.78. The stock has 3 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-08-14), CD Projekt Red's share price is zł99.00. CD Projekt Red's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł5.85. Therefore, CD Projekt Red's PE Ratio for today is 16.92.

During the past 13 years, CD Projekt Red's highest PE Ratio was 257.13. The lowest was 14.00. And the median was 44.62.

CD Projekt Red's EPS (Diluted) for the three months ended in Mar. 2026 was zł1.05. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł5.85.

As of today (2026-08-14), CD Projekt Red's share price is zł99.00. CD Projekt Red's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was zł5.17. Therefore, CD Projekt Red's PE Ratio without NRI ratio for today is 19.15.

During the past 13 years, CD Projekt Red's highest PE Ratio without NRI was 256.89. The lowest was 14.38. And the median was 46.31.

CD Projekt Red's EPS without NRI for the three months ended in Mar. 2026 was zł1.14. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was zł5.17.

During the past 12 months, CD Projekt Red's average EPS without NRI Growth Rate was 16.20% per year. During the past 3 years, the average EPS without NRI Growth Rate was 9.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was -6.10% per year. During the past 10 years, the average EPS without NRI Growth Rate was 8.20% per year.

During the past 13 years, CD Projekt Red's highest 3-Year average EPS without NRI Growth Rate was 197.40% per year. The lowest was -33.80% per year. And the median was 29.40% per year.

CD Projekt Red's EPS (Basic) for the three months ended in Mar. 2026 was zł1.06. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was zł5.89.

Back to Basics: PE Ratio


CD Projekt Red  (LTS:0LX1) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


CD Projekt Red PE Ratio Related Terms


CD Projekt Red PE Ratio Historical Data

* Premium members only.

The historical data trend for CD Projekt Red's PE 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.

CD Projekt Red PE Ratio Chart

CD Projekt Red Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.19 37.69 23.96 43.31 40.85

CD Projekt Red Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE 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 46.65 65.76 50.00 40.85 40.44

LTS:0LX1 vs NTES, EA, TTWO: PE Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, CD Projekt Red's PE Ratio, along with its competitors' market caps and PE 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.


CD Projekt Red PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CD Projekt Red's PE Ratio distribution charts can be found below:

* The bar in red indicates where CD Projekt Red's PE Ratio falls into.


LTS:0LX1
78GF Score
CD Projekt Red SA LTS:0LX1
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CD Projekt Red PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

CD Projekt Red's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=99.00/5.850
=16.92

CD Projekt Red's Share Price of today is zł99.00.
CD Projekt Red's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was zł5.85.


* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 16.92 mean?
CD Projekt Red (LTS:0LX1) has a PE Ratio of 16.92 as of Aug. 14, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on CD Projekt Red and its competitors. This is 62% below median its historical median of 44.62. Over the past decade, CD Projekt Red's PE Ratio has ranged from 14.00 to 257.13.
Is CD Projekt Red's PE Ratio too high?
CD Projekt Red's current PE Ratio of 16.92 is 62% below median its 10-year median of 44.62. Over the past 10 years, this metric has ranged from a low of 14.00 to a high of 257.13. Overall, CD Projekt Red has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does CD Projekt Red's PE Ratio compare to NTES and EA?
CD Projekt Red's PE Ratio of 16.92 can be compared against companies in the Interactive Media industry. Historically, CD Projekt Red's own PE Ratio has ranged from 14.00 to 257.13 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for an Interactive Media company?
A good PE Ratio depends on the Interactive Media industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on CD Projekt Red and its competitors. CD Projekt Red's current PE Ratio is 16.92, which is 62% below median its own 10-year median of 44.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CD Projekt Red stock overvalued right now?
CD Projekt Red (LTS:0LX1) has a current PE Ratio of 16.92. The stock's GF Value™ is zł55.78, compared to a current price of zł99.00 — trading 77.5% above its estimated fair value. The current PE Ratio is 16.92, which is 62% below median its 10-year median of 44.62. CD Projekt Red's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For CD Projekt Red (LTS:0LX1), the current PE Ratio is 16.92 as of Aug. 14, 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 CD Projekt Red (LTS:0LX1) Overvalued in 2026?

Based on GuruFocus' analysis, CD Projekt Red stock appears to be overvalued. The current stock price of zł99.00 is trading 77.5% above its estimated GF Value™ of zł55.78.

Key valuation signals for LTS:0LX1:

  • PE Ratio: 16.92 (62% below median its 10-year median of 44.62)
  • GF Value™: zł55.78 vs. price of zł99.00 (77.5% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the LTS:0LX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CD Projekt Red Business Description

Address ul. Jagiellonska 74, Building E, Warsaw, POL, 03-301
CD Projekt SA is the holding company of the CD Projekt capital group. The firm, with its subsidiary, develops and publishes video games for hardware platforms such as Steam, PlayStation Store, Xbox Games Store, Nintendo, App Store, Humble Bundle, Origin, and its own proprietary GOG.com platform. It is also involved in international digital video game distribution. The firm has CD Projekt Red and GOG.com segments. It derives the majority of its revenues from the CD Projekt Red segment.
78GF Score

Get the complete analysis for LTS:0LX1

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

zł99.00
Price
zł55.78
GF Value