Bitmine Immersion Technologies (BMNR)

P/B ratio as of October 2026 : 1.39

According to Bitmine Immersion Technologies's latest financial reports the company has a price-to-book ratio of 264.086.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Bitmine Immersion Technologies - P/B ratio (from 2021 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	1.03	-74.7%
2024-12-31	4.06	-30.02%
2023-12-31	5.80	17.63%
2022-12-31	4.93	-99.19%
2021-12-31	611

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Bitmine Immersion Technologies (BMNR) - P/B ratio