Forever Entertainment (WAR:FOR) Shiller PE Ratio: 9.35 (As of Aug. 23, 2026) — 57% Below Median

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WAR:FOR Forever Entertainment SA WAR:FOR
75 GF Score
Price zł2.43
GF Value zł3.12
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Forever Entertainment Shiller PE Ratio?

Forever Entertainment WAR:FOR 75 Shiller PE Ratio is 9.35 as of Aug. 23, 2026, which is 57% below its 10-year median of 21.76. GuruFocus rates WAR:FOR with a GF Score™ of 75/100 and a GF Value™ of zł3.12 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 195 Interactive Media companies, Forever Entertainment ranks better than 79.49% on this metric.

As of today (2026-08-23), Forever Entertainment's current share price is zł2.43. Forever Entertainment's E10 for the quarter that ended in Mar. 2026 was zł0.26. Forever Entertainment's Shiller PE Ratio for today is 9.35.

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

WAR:FOR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.31   Med: 21.76   Max: 110.71
Current: 9.39

During the past years, Forever Entertainment's highest Shiller PE Ratio was 110.71. The lowest was 9.31. And the median was 21.76.

WAR:FOR's Shiller PE Ratio is ranked better than
79.49% of 195 companies
in the Interactive Media industry
Industry Median: 20.27 vs WAR:FOR: 9.39

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.

Forever Entertainment's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.077. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is zł0.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forever Entertainment  (WAR:FOR) 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.


Forever Entertainment Shiller PE Ratio Related Terms


Forever Entertainment Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Forever Entertainment'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.

Forever Entertainment Shiller PE Ratio Chart

Forever Entertainment 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 95.91 36.18 20.28 17.89 10.86

Forever Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 19.10 15.58 12.15 10.86 10.24

WAR:FOR vs NTES, EA, TTWO: Shiller PE Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, Forever Entertainment'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.


Forever Entertainment Shiller PE Ratio vs Interactive Media Industry

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

* The bar in red indicates where Forever Entertainment's Shiller PE Ratio falls into.


WAR:FOR
75GF Score
Forever Entertainment SA WAR:FOR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forever Entertainment 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.

Forever Entertainment's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.43/0.26
=9.35

* 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.

Forever Entertainment's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Forever Entertainment's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.077/163.0700*163.0700
=0.077

Current CPI (Mar. 2026) = 163.0700.

Forever Entertainment Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 -0.011 99.552 -0.018
201609 -0.005 99.064 -0.008
201612 -0.015 100.366 -0.024
201703 -0.010 101.018 -0.016
201706 -0.013 101.180 -0.021
201709 -0.009 101.343 -0.014
201712 -0.016 102.564 -0.025
201803 0.015 102.564 0.024
201806 0.026 103.378 0.041
201809 0.050 103.378 0.079
201812 0.031 103.785 0.049
201903 0.036 104.274 0.056
201906 0.129 105.983 0.198
201909 0.043 105.983 0.066
201912 0.029 107.123 0.044
202003 0.134 109.076 0.200
202006 0.360 109.402 0.537
202009 0.052 109.320 0.078
202012 -0.021 109.565 -0.031
202103 0.078 112.658 0.113
202106 -0.021 113.960 -0.030
202109 0.058 115.588 0.082
202112 -0.058 119.088 -0.079
202203 0.007 125.031 0.009
202206 0.222 131.705 0.275
202209 0.067 135.531 0.081
202212 0.060 139.113 0.070
202303 0.046 145.950 0.051
202306 0.061 147.009 0.068
202309 0.034 146.113 0.038
202312 0.076 147.741 0.084
202403 0.038 149.044 0.042
202406 0.112 150.997 0.121
202409 0.038 153.439 0.040
202412 0.059 154.660 0.062
202503 0.075 157.021 0.078
202506 0.089 157.509 0.092
202509 0.087 158.000 0.090
202512 0.012 158.320 0.012
202603 0.077 163.070 0.077

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 9.35 mean?
Forever Entertainment (WAR:FOR) has a Shiller PE Ratio of 9.35 as of Aug. 23, 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 Forever Entertainment and its competitors. This is 57% below median its historical median of 21.76. Over the past decade, Forever Entertainment's Shiller PE Ratio has ranged from 9.31 to 110.71. According to the industry distribution chart, Forever Entertainment ranks #40 out of 195 companies in the Interactive Media industry, placing it in the top 20.5%.
Is Forever Entertainment's Shiller PE Ratio too high?
Forever Entertainment's current Shiller PE Ratio of 9.35 is 57% below median its 10-year median of 21.76. Over the past 10 years, this metric has ranged from a low of 9.31 to a high of 110.71. The Interactive Media industry median Shiller PE Ratio is 20.27. Forever Entertainment's value of 9.35 is 53.9% below this industry median. Based on the distribution chart, Forever Entertainment ranks #40 out of 195 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Forever Entertainment has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's Shiller PE Ratio compare to NTES and EA?
According to the Interactive Media industry distribution chart, Forever Entertainment ranks #40 out of 195 companies for Shiller PE Ratio. This places Forever Entertainment in the top 21% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 20.27. Forever Entertainment's value of 9.35 is 53.9% below this benchmark. Historically, Forever Entertainment's own Shiller PE Ratio has ranged from 9.31 to 110.71 over the past decade. While the company's 10-year median is 21.76 vs. the industry median of 20.27, Forever Entertainment has consistently been below 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 20.27, based on 195 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. Forever Entertainment's current Shiller PE Ratio of 9.35 is 53.9% below 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 Forever Entertainment and its competitors. For the Interactive Media industry, the median Shiller PE Ratio is 20.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forever Entertainment's current Shiller PE Ratio is 9.35, which is 57% below median its own 10-year median of 21.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.12, compared to a current price of zł2.43 — trading 22.1% below its estimated fair value. The current Shiller PE Ratio is 9.35, which is 57% below median its 10-year median of 21.76 and 53.9% below the Interactive Media industry median of 20.27. Forever Entertainment's overall GF Score™ is 75/100 with 3 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 Forever Entertainment (WAR:FOR), the current Shiller PE Ratio is 9.35 as of Aug. 23, 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?

Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued. The current stock price of zł2.43 is trading 22.1% below its estimated GF Value™ of zł3.12. GuruFocus considers Forever Entertainment to be Modestly Undervalued.

Key valuation signals for WAR:FOR:

  • Shiller PE Ratio: 9.35 (57% below median its 10-year median of 21.76)
  • GF Value™: zł3.12 vs. price of zł2.43 (22.1% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 53.9% below the Interactive Media median (#40 of 195)

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


Forever Entertainment Business Description

Other Exchanges 8FE:Germany
Address Al. Zwyciestwa 96/98, Gdynia, POL, 81-451
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
75GF Score

Get the complete analysis for WAR:FOR

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

zł2.43
Price
zł3.12
GF Value