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Iris Energy (Iris Energy) Median PS Value : $0.00 (As of Jun. 10, 2024)


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What is Iris Energy Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Iris Energy's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $1.635. Iris Energy's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-10), Iris Energy's share price is $10.53. Iris Energy's Median PS Value is $0.00. Therefore, Iris Energy's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for Iris Energy's Median PS Value or its related term are showing as below:

IREN's Price-to-Median-PS-Value is not ranked *
in the Capital Markets industry.
Industry Median: 1.045
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

Iris Energy Median PS Value Historical Data

The historical data trend for Iris Energy's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iris Energy Median PS Value Chart

Iris Energy Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Median PS Value
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Iris Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Iris Energy's Median PS Value

For the Capital Markets subindustry, Iris Energy's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iris Energy's Price-to-Median-PS-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Iris Energy's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Iris Energy's Price-to-Median-PS-Value falls into.



Iris Energy Median PS Value Calculation

Iris Energy's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=1.635*0
=0.00

10-Year Median PS Ratio is 0.
Iris Energy's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.635.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Iris Energy  (NAS:IREN) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Iris Energy's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=10.53/0.00
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Iris Energy Median PS Value Related Terms

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Iris Energy (Iris Energy) Business Description

Traded in Other Exchanges
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.