BitMine Immersion Technologies (BitMine Immersion Technologies) Median PS Value : $0.00 (As of Jun. 04, 2024)

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What is BitMine Immersion Technologies Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. BitMine Immersion Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $0.036. BitMine Immersion Technologies's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is $0.00.

As of today (2024-06-04), BitMine Immersion Technologies's share price is $0.54999. BitMine Immersion Technologies's Median PS Value is $0.00. Therefore, BitMine Immersion Technologies's Price to Median PS Value for today is 0.00.

The historical rank and industry rank for BitMine Immersion Technologies's Median PS Value or its related term are showing as below:

BMNR's Price-to-Median-PS-Value is not ranked ^*
in the Capital Markets industry.
Industry Median: 1.08
* Ranked among companies with meaningful Price-to-Median-PS-Value only.

BitMine Immersion Technologies Median PS Value Historical Data

The historical data trend for BitMine Immersion Technologies's Median PS Value 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.

BitMine Immersion Technologies Median PS Value Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Median PS Value

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Median PS Value	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of BitMine Immersion Technologies's Median PS Value

For the Capital Markets subindustry, BitMine Immersion Technologies's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.

BitMine Immersion Technologies's Price-to-Median-PS-Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BitMine Immersion Technologies's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where BitMine Immersion Technologies's Price-to-Median-PS-Value falls into.

BitMine Immersion Technologies Median PS Value Calculation

BitMine Immersion Technologies's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	0.036	*	0
	=	0.00

10-Year Median PS Ratio is 0.
BitMine Immersion Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.036.

BitMine Immersion Technologies (OTCPK:BMNR) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

BitMine Immersion Technologies's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	0.54999	/	0.00
	=

BitMine Immersion Technologies Median PS Value Related Terms

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BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers.