Bit Digital (BTBT)

P/B ratio as of November 2024 : 2.21

According to Bit Digital 's latest financial reports the company has a price-to-book ratio of 7.50298.
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.

Bit Digital - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.51	356.86%
2022-12-31	0.5503	-78.42%
2021-12-31	2.55	-90.8%
2020-12-31	27.7	1739.82%
2019-12-31	1.51	-81.22%
2018-12-31	8.02
2017-12-31	N/A
2016-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
OneConnect OCFT	0.2393	-89.16%	🇨🇳 China

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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Bit Digital (BTBT) - P/B ratio