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That seems odd, Electronic Arts alone has a market cap of ~23.5B: https://finance.yahoo.com/quote/EA/key-statistics?ltr=1

What's odd to me is that Epic Games is majority owned by Tim Sweeney, who has a < $1 billion net worth, and in serious and performance sensitive (VR) applications, UE4 is very difficult contention for Unity.

Other than that, I've really lost track of the values of other game companies, other than knowing that EA and Ubisoft want to eat the sun.

Maybe around $500 million for the valuation, and I'm not sure what they need that much capital for ($181 million).

I didn't realise game engine is 100% of budget of a game? More like 1% (even on small scale). That would put their ideal sales around 15 million, pre tax and expenses per year. That's a long way from $1.5B valuation, even in most optimistic scenarios.

150 million.

9 percent of 17 billion is 1.53 billion of which 1% is 15.3 million. Unless people are spending 10% of their revenue on engine, which is absurd.