IREN (Iris Energy) (IREN)

P/S ratio as of December 2025 (TTM): 19.6

According to IREN (Iris Energy)'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.70. At the end of 2025 the company had a P/S ratio of 16.5.

P/S ratio history for IREN (Iris Energy) from 2023 to 2022

PS ratio at the end of each year

Year	P/S ratio	Change
2025	16.5	101.37%
2024	8.21	108.81%
2023	3.93	-83.12%
2022	23.3	-30.86%
2021	33.7

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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P/S ratio for IREN (Iris Energy) (IREN)