BITF (Bitfarms) 3-Year Book Growth Rate : 74.70% (As of Dec. 2024)

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What is Bitfarms 3-Year Book Growth Rate?

Bitfarms's Book Value per Share for the quarter that ended in Dec. 2024 was $1.30.

During the past 12 months, Bitfarms's average Book Value per Share Growth Rate was 9.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 74.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 33.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 8 years, the highest 3-Year average Book Value per Share Growth Rate of Bitfarms was 74.70% per year. The lowest was -54.70% per year. And the median was 58.60% per year.

Competitive Comparison of Bitfarms's 3-Year Book Growth Rate

For the Capital Markets subindustry, Bitfarms's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Bitfarms's 3-Year Book Growth Rate Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitfarms's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Bitfarms's 3-Year Book Growth Rate falls into.

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Bitfarms 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Bitfarms (NAS:BITF) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Bitfarms 3-Year Book Growth Rate Related Terms

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Bitfarms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (NAS:BITF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

1B2:Germany BITF:Canada

Address

110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4

Website

https://bitfarms.com

Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina, and Paraguay. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.