Basketball standings are ranked on winning percentage — wins divided by games played — with games back (GB) to show the gap to the leader. There are no ties: a level game goes to overtime until somebody wins.
Some competitions turn the record into points instead. FIBA’s rules award 2 classification points for a win and 1 for a loss, with 0 for a game lost by forfeit, so a team that shows up and loses still finishes ahead of one that does not show up. For a team that plays all its games, that ranks exactly the same as winning percentage.
Points for (PF) and points against (PA) sit beside the record, and their difference is the first tiebreaker most rec leagues reach for after head-to-head.