CD Projekt Red (FRA:7CD) Shiller PE Ratio: 45.52 (As of Sep. 08, 2026) — 12% Below Median

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FRA:7CD CD Projekt Red SA FRA:7CD
91 GF Score
Price €54.62
GF Value €51.54
Valuation Fairly Valued
! 2 Warning Signs
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What is CD Projekt Red Shiller PE Ratio?

CD Projekt Red FRA:7CD +0.96% 91 Shiller PE Ratio is 45.52 as of Sep. 08, 2026, which is 12% below its 10-year median of 52.01. GuruFocus rates FRA:7CD with a GF Score™ of 91/100 and a GF Value™ of €51.54 (Fairly Valued). The stock has 2 warning signs investors should review. Among 197 Interactive Media companies, CD Projekt Red ranks worse than 76.65% on this metric.

As of today (2026-09-08), CD Projekt Red's current share price is €54.62. CD Projekt Red's E10 for the quarter that ended in Jun. 2026 was €1.20. CD Projekt Red's Shiller PE Ratio for today is 45.52.

The historical rank and industry rank for CD Projekt Red's Shiller PE Ratio or its related term are showing as below:

FRA:7CD' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.12   Med: 52.01   Max: 316.31
Current: 44.28

During the past years, CD Projekt Red's highest Shiller PE Ratio was 316.31. The lowest was 23.12. And the median was 52.01.

FRA:7CD's Shiller PE Ratio is ranked worse than
76.65% of 197 companies
in the Interactive Media industry
Industry Median: 20.99 vs FRA:7CD: 44.28

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

CD Projekt Red's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.331. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CD Projekt Red  (FRA:7CD) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


CD Projekt Red Shiller PE Ratio Related Terms


CD Projekt Red Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for CD Projekt Red's Shiller 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 Shiller PE Ratio Chart

CD Projekt Red Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.57 36.00 26.81 38.82 47.31

CD Projekt Red Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller 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 58.36 54.64 47.31 44.67 42.83

FRA:7CD vs NTES, TTWO, RBLX: Shiller PE Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, CD Projekt Red's Shiller PE Ratio, along with its competitors' market caps and Shiller 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 Shiller PE Ratio vs Interactive Media Industry

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

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


FRA:7CD
91GF Score
CD Projekt Red SA FRA:7CD
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CD Projekt Red Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

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

Shiller PE Ratio=Share Price/ E10
=54.62/1.20
=45.52

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, CD Projekt Red's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.331/162.2800*162.2800
=0.331

Current CPI (Jun. 2026) = 162.2800.

CD Projekt Red Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.086 99.064 0.141
201612 0.189 100.366 0.306
201703 0.107 101.018 0.172
201706 0.177 101.180 0.284
201709 0.084 101.343 0.135
201712 0.107 102.564 0.169
201803 0.054 102.564 0.085
201806 0.068 103.378 0.107
201809 0.035 103.378 0.055
201812 0.098 103.785 0.153
201903 0.042 104.274 0.065
201906 0.077 105.983 0.118
201909 0.035 105.983 0.054
201912 0.251 107.123 0.380
202003 0.212 109.076 0.315
202006 0.126 109.402 0.187
202009 0.054 109.320 0.080
202012 2.272 109.565 3.365
202103 0.074 112.658 0.107
202106 0.168 113.960 0.239
202109 0.037 115.588 0.052
202112 0.200 119.088 0.273
202203 0.158 125.031 0.205
202206 0.105 131.705 0.129
202209 0.228 135.531 0.273
202212 0.310 139.113 0.362
202303 0.161 145.950 0.179
202306 0.049 147.009 0.054
202309 0.473 146.113 0.525
202312 0.445 147.741 0.489
202403 0.233 149.044 0.254
202406 0.163 150.997 0.175
202409 0.182 153.439 0.192
202412 0.454 154.660 0.476
202503 0.258 157.021 0.267
202506 0.158 157.509 0.163
202509 0.447 158.000 0.459
202512 0.570 158.320 0.584
202603 0.244 163.070 0.243
202606 0.331 162.280 0.331

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 45.52 mean?
CD Projekt Red (FRA:7CD) has a Shiller PE Ratio of 45.52 as of Sep. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on CD Projekt Red and its competitors. This is 12% below median its historical median of 52.01. Over the past decade, CD Projekt Red's Shiller PE Ratio has ranged from 23.12 to 316.31. According to the industry distribution chart, CD Projekt Red ranks #151 out of 197 companies in the Interactive Media industry, placing it in the top 76.6%.
Is CD Projekt Red's Shiller PE Ratio too high?
CD Projekt Red's current Shiller PE Ratio of 45.52 is 12% below median its 10-year median of 52.01. Over the past 10 years, this metric has ranged from a low of 23.12 to a high of 316.31. The Interactive Media industry median Shiller PE Ratio is 20.99. CD Projekt Red's value of 45.52 is 116.9% above this industry median. Based on the distribution chart, CD Projekt Red ranks #151 out of 197 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, CD Projekt Red has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CD Projekt Red's Shiller PE Ratio compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, CD Projekt Red ranks #151 out of 197 companies for Shiller PE Ratio. This places CD Projekt Red in the lower half of its industry. The industry median Shiller PE Ratio is 20.99. CD Projekt Red's value of 45.52 is 116.9% above this benchmark. Historically, CD Projekt Red's own Shiller PE Ratio has ranged from 23.12 to 316.31 over the past decade. While the company's 10-year median is 52.01 vs. the industry median of 20.99, CD Projekt Red 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 Shiller PE Ratio for an Interactive Media company?
The median Shiller PE Ratio among Interactive Media companies is 20.99, based on 197 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CD Projekt Red's current Shiller PE Ratio of 45.52 is 116.9% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on CD Projekt Red and its competitors. For the Interactive Media industry, the median Shiller PE Ratio is 20.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CD Projekt Red's current Shiller PE Ratio is 45.52, which is 12% below median its own 10-year median of 52.01. 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?
Based on GuruFocus' analysis, CD Projekt Red (FRA:7CD) is currently considered Fairly Valued. The stock's GF Value™ is €51.54, compared to a current price of €54.62 — trading 6% above its estimated fair value. The current Shiller PE Ratio is 45.52, which is 12% below median its 10-year median of 52.01 and 116.9% above the Interactive Media industry median of 20.99. CD Projekt Red's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For CD Projekt Red (FRA:7CD), the current Shiller PE Ratio is 45.52 as of Sep. 08, 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 (FRA:7CD) Overvalued in 2026?

Based on GuruFocus' analysis, CD Projekt Red stock appears to be overvalued. The current stock price of €54.62 is trading 6% above its estimated GF Value™ of €51.54. GuruFocus considers CD Projekt Red to be Fairly Valued.

Key valuation signals for FRA:7CD:

  • Shiller PE Ratio: 45.52 (12% below median its 10-year median of 52.01)
  • GF Value™: €51.54 vs. price of €54.62 (6% above fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 116.9% above the Interactive Media median (#151 of 197)

No single metric tells the full story. See the FRA:7CD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CD Projekt Red Business Description

Other Exchanges OTGLY:USACDR:Poland
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.
91GF Score

Get the complete analysis for FRA:7CD

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

€54.62
Price
€51.54
GF Value