EBON (Ebang International Holdings) EV-to-EBITDA: 8.18 (As of Aug. 19, 2026) — 90% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EBON Ebang International Holdings Inc EBON
48 GF Score
Price $2.08
GF Value $4.05
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Ebang International Holdings EV-to-EBITDA?

Ebang International Holdings EBON +3.48% 48 EV-to-EBITDA is 8.18 as of Aug. 19, 2026, which is 90% above its 10-year median of 4.31. GuruFocus rates EBON with a GF Score™ of 48/100 and a GF Value™ of $4.05 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,890 Hardware companies, Ebang International Holdings ranks better than 70.11% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ebang International Holdings's enterprise value is $-181.62 Mil. Ebang International Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-22.21 Mil. Therefore, Ebang International Holdings's EV-to-EBITDA for today is 8.18.

The historical rank and industry rank for Ebang International Holdings's EV-to-EBITDA or its related term are showing as below:

EBON' s EV-to-EBITDA Range Over the Past 10 Years
Min: -87.03   Med: 4.31   Max: 13.33
Current: 8.18

During the past 8 years, the highest EV-to-EBITDA of Ebang International Holdings was 13.33. The lowest was -87.03. And the median was 4.31.

EBON's EV-to-EBITDA is ranked better than
70.11% of 1890 companies
in the Hardware industry
Industry Median: 14.59 vs EBON: 8.18

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-19), Ebang International Holdings's stock price is $2.08. Ebang International Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-1.980. Therefore, Ebang International Holdings's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ebang International Holdings  (NAS:EBON) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ebang International Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.08/-1.980
=At Loss

Ebang International Holdings's share price for today is $2.08.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ebang International Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-1.980.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Ebang International Holdings EV-to-EBITDA Related Terms


Ebang International Holdings EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ebang International Holdings's EV-to-EBITDA 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.

Ebang International Holdings EV-to-EBITDA Chart

Ebang International Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -8.69 13.90 3.13 6.42 8.96

Ebang International Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 6.42 0.00 8.96 0.00

EBON vs BTCT, SCKT, AGMH: EV-to-EBITDA Comparison

For the Computer Hardware subindustry, Ebang International Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Ebang International Holdings EV-to-EBITDA vs Hardware Industry

For the Hardware industry and Technology sector, Ebang International Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ebang International Holdings's EV-to-EBITDA falls into.


EBON
48GF Score
Ebang International Holdings Inc EBON
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ebang International Holdings EV-to-EBITDA Calculation

Ebang International Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=-181.615/-22.213
=8.18

Ebang International Holdings's current Enterprise Value is $-181.62 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ebang International Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-22.21 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.18 mean?
Ebang International Holdings (EBON) has a EV-to-EBITDA of 8.18 as of Aug. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ebang International Holdings. This is 90% above median its historical median of 4.31. According to the industry distribution chart, Ebang International Holdings ranks #565 out of 1890 companies in the Hardware industry, placing it in the top 29.9%.
Is Ebang International Holdings' EV-to-EBITDA too high?
Ebang International Holdings' current EV-to-EBITDA of 8.18 is 90% above median its 10-year median of 4.31. The Hardware industry median EV-to-EBITDA is 14.59. Ebang International Holdings' value of 8.18 is 43.9% below this industry median. Based on the distribution chart, Ebang International Holdings ranks #565 out of 1890 companies in the Hardware industry, which is above the industry midpoint. Overall, Ebang International Holdings has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ebang International Holdings' EV-to-EBITDA compare to BTCT and SCKT?
According to the Hardware industry distribution chart, Ebang International Holdings ranks #565 out of 1890 companies for EV-to-EBITDA. This puts Ebang International Holdings in the upper half of its industry. The industry median EV-to-EBITDA is 14.59. Ebang International Holdings' value of 8.18 is 43.9% below this benchmark. While the company's 10-year median is 4.31 vs. the industry median of 14.59, Ebang International Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Hardware company?
The median EV-to-EBITDA among Hardware companies is 14.59, based on 1,890 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ebang International Holdings's current EV-to-EBITDA of 8.18 is 43.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ebang International Holdings. For the Hardware industry, the median EV-to-EBITDA is 14.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ebang International Holdings's current EV-to-EBITDA is 8.18, which is 90% above median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ebang International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ebang International Holdings (EBON) is currently considered Possible Value Trap. The stock's GF Value™ is $4.05, compared to a current price of $2.08 — trading 48.6% below its estimated fair value. The current EV-to-EBITDA is 8.18, which is 90% above median its 10-year median of 4.31 and 43.9% below the Hardware industry median of 14.59. Ebang International Holdings' overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ebang International Holdings (EBON), the current EV-to-EBITDA is 8.18 as of Aug. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ebang International Holdings (EBON) Overvalued in 2026?

Based on GuruFocus' analysis, Ebang International Holdings stock appears to be undervalued. The current stock price of $2.08 is trading 48.6% below its estimated GF Value™ of $4.05. GuruFocus considers Ebang International Holdings to be Possible Value Trap.

Key valuation signals for EBON:

  • EV-to-EBITDA: 8.18 (90% above median its 10-year median of 4.31)
  • GF Value™: $4.05 vs. price of $2.08 (48.6% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 43.9% below the Hardware median (#565 of 1890)

No single metric tells the full story. See the EBON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ebang International Holdings Business Description

Other Exchanges 7EBA:Germany
Address 600 East John Carpenter Freeway, Suite 110, Irving, TX, USA, 75062
Ebang International Holdings Inc is engaged in blockchain technology and fintech, with activities also extending to the solar industry, supported by its application-specific integrated circuit (ASIC) chip designs. The Company's business mainly includes the sale of bitcoin mining machines and related accessories, telecommunication products, solar and battery storage products, cryptocurrency exchange services, cross-border payment and foreign exchange services, SaaS data visualization and analytics solutions, and rental services. It generates the majority of its revenue from cross-border payment and foreign exchange services, with its operations mainly in mainland China and Australia, which contribute the maximum revenue.
48GF Score

Get the complete analysis for EBON

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.08
Price
$4.05
GF Value