TTWO Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	39.91B EUR	46.75B EUR	36.62B EUR	47.39B EUR
Enterprise Value	40.27B EUR	48.33B EUR	38.03B EUR	48.74B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	20.74x	--	--	--
Price to Sales	5.97x	6.99x	5.5x	9.52x
Price to Book	11.06x	12.95x	10.43x	13.56x
EV/Revenue	6.02x	7.23x	5.71x	9.79x
EV/EBITDA	52.53x	38.01x	30.13x	59.34x
Price to FCF (P/FCF)	31.77x	138.51x	79.34x	180.26x
EV/FCF	32.06x	143.19x	82.4x	185.4x
FCF Yield	3.15%	0.72%	1.26%	0.55%