Bitdeer Technologies Group (Bitdeer Technologies Group) PB Ratio : 1.85 (As of May. 11, 2024)

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What is Bitdeer Technologies Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Bitdeer Technologies Group's share price is $5.50. Bitdeer Technologies Group's Book Value per Share for the quarter that ended in Dec. 2023 was $2.97. Hence, Bitdeer Technologies Group's PB Ratio of today is 1.85.

The historical rank and industry rank for Bitdeer Technologies Group's PB Ratio or its related term are showing as below:

BTDR' s PB Ratio Range Over the Past 10 Years
Min: 1.12 Med: 2.41 Max: 5.05
Current: 1.95

During the past 5 years, Bitdeer Technologies Group's highest PB Ratio was 5.05. The lowest was 1.12. And the median was 2.41.

BTDR's PB Ratio is ranked better than
65.48% of 2581 companies
in the Software industry
Industry Median: 2.68 vs BTDR: 1.95

During the past 12 months, Bitdeer Technologies Group's average Book Value Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.30% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Bitdeer Technologies Group was 31.30% per year. The lowest was 31.30% per year. And the median was 31.30% per year.

Back to Basics: PB Ratio

Bitdeer Technologies Group PB Ratio Historical Data

The historical data trend for Bitdeer Technologies Group's PB Ratio 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.

Bitdeer Technologies Group PB Ratio Chart

Bitdeer Technologies Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

3.32

Bitdeer Technologies Group Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial							-	-	4.04	3.36	3.32

Competitive Comparison of Bitdeer Technologies Group's PB Ratio

For the Software - Application subindustry, Bitdeer Technologies Group's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Bitdeer Technologies Group's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Bitdeer Technologies Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bitdeer Technologies Group's PB Ratio falls into.

Bitdeer Technologies Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Bitdeer Technologies Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.50	/	2.97
	=	1.85

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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

Bitdeer Technologies Group (NAS:BTDR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

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

Bitdeer Technologies Group PB Ratio Related Terms

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Bitdeer Technologies Group (Bitdeer Technologies Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bitdeer Technologies Group (NAS:BTDR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509

Website

https://www.bitdeer.com

Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. Its major business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.