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Bit Digital (Bit Digital) Price-to-Owner-Earnings : 33.00 (As of Apr. 27, 2024)


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What is Bit Digital Price-to-Owner-Earnings?

As of today (2024-04-27), Bit Digital's share price is $2.31. Bit Digital's Owner Earnings per Share (TTM) ended in Dec. 2023 was $0.07. It's Price-to-Owner-Earnings for today is 33.00.


The historical rank and industry rank for Bit Digital's Price-to-Owner-Earnings or its related term are showing as below:

BTBT' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 30.46   Med: 39.38   Max: 55.08
Current: 36.35

During the past 9 years, the highest Price-to-Owner-Earnings of Bit Digital was 55.08. The lowest was 30.46. And the median was 39.38.


BTBT's Price-to-Owner-Earnings is ranked worse than
78.44% of 334 companies
in the Capital Markets industry
Industry Median: 15.33 vs BTBT: 36.35

As of today (2024-04-27), Bit Digital's share price is $2.31. Bit Digital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.16. Therefore, Bit Digital's PE Ratio for today is At Loss.

As of today (2024-04-27), Bit Digital's share price is $2.31. Bit Digital's EPS without NRI for the trailing twelve months (TTM) ended in was $0.12. Therefore, Bit Digital's PE Ratio without NRI for today is 19.25.

During the past 9 years, Bit Digital's highest PE Ratio without NRI was 490.78. The lowest was 4.69. And the median was 15.64.


Bit Digital Price-to-Owner-Earnings Historical Data

The historical data trend for Bit Digital's Price-to-Owner-Earnings 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.

Bit Digital Price-to-Owner-Earnings Chart

Bit Digital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only - - - - 65.08

Bit Digital Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 65.08

Competitive Comparison of Bit Digital's Price-to-Owner-Earnings

For the Capital Markets subindustry, Bit Digital's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Bit Digital's Price-to-Owner-Earnings Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Digital's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Bit Digital's Price-to-Owner-Earnings falls into.



Bit Digital Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Bit Digital's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=2.31/0.07
=33.00

* 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.


Bit Digital  (NAS:BTBT) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Bit Digital Price-to-Owner-Earnings Related Terms

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Bit Digital (Bit Digital) Business Description

Traded in Other Exchanges
Address
33 Irving Place, New York, NY, USA, 10003
Bit Digital Inc is engaged in the Bitcoin mining business. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. It generates revenue from cryptocurrency mining.