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Cipher Mining (Cipher Mining) Price-to-Tangible-Book : 1.92 (As of May. 12, 2024)


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What is Cipher Mining Price-to-Tangible-Book?

As of today (2024-05-12), Cipher Mining's share price is $3.72. Cipher Mining's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.93. Hence, Cipher Mining's Price to Tangible Book Ratio of today is 1.92.

The historical rank and industry rank for Cipher Mining's Price-to-Tangible-Book or its related term are showing as below:

CIFR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 1.91   Max: 6.71
Current: 1.93

During the past 3 years, Cipher Mining's highest Price to Tangible Book Ratio was 6.71. The lowest was 0.40. And the median was 1.91.

CIFR's Price-to-Tangible-Book is ranked worse than
61.03% of 721 companies
in the Capital Markets industry
Industry Median: 1.29 vs CIFR: 1.93

A closely related ratio is called PB Ratio. As of today, Cipher Mining's share price is $3.72. Cipher Mining's Book Value per Sharefor the quarter that ended in Mar. 2024 was $1.96. Hence, Cipher Mining's P/B Ratio of today is 1.90.


Cipher Mining Price-to-Tangible-Book Historical Data

The historical data trend for Cipher Mining's Price-to-Tangible-Book 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.

Cipher Mining Price-to-Tangible-Book Chart

Cipher Mining Annual Data
Trend Jan21 Dec22 Dec23
Price-to-Tangible-Book
- 0.40 2.49

Cipher Mining Quarterly Data
Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.68 2.09 1.73 2.49 2.66

Competitive Comparison of Cipher Mining's Price-to-Tangible-Book

For the Capital Markets subindustry, Cipher Mining's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Cipher Mining's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cipher Mining's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cipher Mining's Price-to-Tangible-Book falls into.



Cipher Mining Price-to-Tangible-Book Calculation

Cipher Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.72/1.934
=1.92

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Cipher Mining Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Cipher Mining's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Cipher Mining (Cipher Mining) Business Description

Traded in Other Exchanges
Address
1 Vanderbilt Avenue, Floor 54, Suite C, New York, NY, USA, 10017
Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin.
Executives
Bitfury Top Holdco B.v. 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
Patrick Arthur Kelly officer: Chief Operating Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
William Iwaschuk officer: Chief Legal Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Cary M Grossman director
Robert Flatley director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Tyler Page director, officer: Chief Executive Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, RYE NY 10017
Dykes Robert R B director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
James E Newsome director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Bitfury Group Ltd 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
Bitfury Holding B.v. 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
V3 Holding Ltd 10 percent owner C/O CIPHER MINING INC., 222 PURCHASE STREET, SUITE #290, RYE NY 10580
Valerijis Vavilovs 10 percent owner C/O CIPHER MINING INC., 222 PURCHASE STREET, SUITE #290, RYE NY 10580
Holly Morrow Evans director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Caitlin Long director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Wesley Hastie Williams director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017