Krafton Inc
KRX:259960
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.9), the stock would be worth ₩294 932.49 (7% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.7 | ₩276 000 |
0%
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| 3-Year Average | 1.9 | ₩294 932.49 |
+7%
|
| 5-Year Average | 2 | ₩308 478.19 |
+12%
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| Industry Average | 1.3 | ₩212 598.24 |
-23%
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| Country Average | 1.1 | ₩176 936.46 |
-36%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| KR |
|
Krafton Inc
KRX:259960
|
12.3T KRW | 1.7 | 16.8 | |
| US |
A
|
Activision Blizzard Inc
LSE:0H8X
|
74.1B USD | 3.6 | 34.2 | |
| CN |
|
NetEase Inc
NASDAQ:NTES
|
71.8B USD | 3.1 | 14.5 | |
| JP |
|
Nintendo Co Ltd
TSE:7974
|
9.2T JPY | 3.1 | 23 | |
| US |
|
Electronic Arts Inc
NASDAQ:EA
|
50.6B USD | 8.2 | 74.4 | |
| SG |
|
Sea Ltd
NYSE:SE
|
46.7B USD | 3.7 | 29.7 | |
| US |
|
Roblox Corp
NYSE:RBLX
|
40.7B USD | 101 | -37.4 | |
| US |
|
Take-Two Interactive Software Inc
NASDAQ:TTWO
|
39.6B USD | 11.3 | -10 | |
| CN |
Z
|
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
|
124B CNY | 4.2 | 32.9 | |
| JP |
|
Konami Holdings Corp
TSE:9766
|
2.7T JPY | 5 | 31.2 | |
| JP |
N
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Nexon Co Ltd
TSE:3659
|
2.1T JPY | 2 | 23 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 0.7 |
| Median | 1.1 |
| 70th Percentile | 2.3 |
| Max | 2 461.2 |
Other Multiples
Krafton Inc
Glance View
Krafton Inc., a South Korean titan in the gaming industry, has risen to prominence largely on the back of its colossal hit, "PlayerUnknown’s Battlegrounds" (PUBG). This battle royale game transformed the landscape of online gaming by introducing a gripping, last-man-standing format that captivated millions of players around the globe. With this winning formula, Krafton successfully diversified its revenue streams beyond initial game sales to include in-game purchases, cosmetic upgrades, and seasonal battle passes, all of which keep players engaged and spending. This model, supported by recurring revenue, offers insights into the company’s strategic mastery at driving user engagement and monetization. Despite the monumental success of PUBG, Krafton Inc. has not rested on its laurels. Recognizing the mercurial nature of the gaming market, the company has embarked on an ambitious journey to broaden its portfolio and future-proof its business against market volatility. To this end, Krafton is investing heavily in new technologies and content, exploring avenues such as narrative-driven games, and showcasing its prowess in developing immersive virtual worlds. By leveraging its expertise in crafting engaging experiences and tapping into emerging trends like artificial intelligence and extended reality, Krafton aims to sustain its growth and secure its place as a mainstay in the highly competitive gaming industry. Through these strategic and innovative endeavors, Krafton continues to craft its story of resilience and adaptability, remaining a formidable player on the global gaming stage.