GDEV

GDEV Forward P/E

The Forward P/E Ratio of GDEV (GDEV) as of Nov 12, 2026 is 3.90. In the previous year, Forward P/E Ratio was 10.58 — a change of -63.17% (lower).

Forward P/E

3.90

YoY

-63.17%

Last updated:

Forward P/E Ratio of GDEV is 2025 3.90 . Forward P/E Ratio of GDEV was 2024 10.58 . It decreases by -63.17% lower compared to the previous year.

The GDEV Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2019
-7.60 USD
Jan 1, 2020
-359.70 USD
Jan 1, 2021
-2.30 USD
Jan 1, 2022
36.99 USD
Jan 1, 2023
5.86 USD
Jan 1, 2024
10.58 USD
Jan 1, 2025
3.90 USD
The GDEV Forward P/E history
YEARForward P/EYoY
3.90-63.17%
10.58+80.60%
5.86-84.16%
36.99-1,708.16%
-2.30-99.36%
-359.70+4,630.49%
-7.60—

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GDEV Stock analysis

What does GDEV do? GDEV, Inc. generates revenue through the development and publishing of video games across its portfolio of subsidiaries, including Nexters, Cubic Games, Dragon Machines, and others. The company monetizes its franchises such as Hero Wars, Island Questaway, Pixel Gun 3D, and Throne Rush, which are distributed through mobile and web platforms. Nexters Global Ltd and MX Capital Ltd, the two operational segments, handle development and publishing activities, with Hero Wars featuring mobile gameplay involving hydras and guilds, and Throne Rush offering strategy-based kingdom management. Players purchase in-game content and engage with the games through mobile and web channels. The primary buyers of GDEV's games are mobile and web users who interact with franchises like Hero Wars and Throne Rush, seeking co-op adventures and strategy-based gameplay. Hero Wars attracts players through mobile-based challenges involving hydras and guild collaboration, while Throne Rush appeals to strategy enthusiasts aiming to rule kingdoms and capture enemy wealth. These segments target casual and strategic gamers across mobile and web platforms, driving revenue through in-app purchases and engagement. GDEV's revenue streams are derived from its diverse portfolio of franchises and subsidiaries, with Nexters Global Ltd and MX Capital Ltd managing development and publishing. The company's games, including Pixel Gun 3D and Island Questaway, are monetized through mobile and web platforms, where players engage in co-op adventures and strategy-based activities. The firm's focus on enhancing its studio portfolio ensures continued growth in its gaming segments. GDEV is one of the most popular companies on Eulerpool.

Frequently Asked Questions about GDEV stock

Forward P/E Ratio of GDEV is 3.90 in 2025.

Forward P/E Ratio of GDEV changed from 10.58 to 3.90, representing a -63.17% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio GDEV since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's GDEV with sector peers and the industry average to assess whether it is attractive.

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Valuation — GDEV

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