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Marathon Digital Holdings (Marathon Digital Holdings) PB Ratio : 2.58 (As of May. 11, 2024)


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What is Marathon Digital Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Marathon Digital Holdings's share price is $17.16. Marathon Digital Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $6.66. Hence, Marathon Digital Holdings's PB Ratio of today is 2.58.

The historical rank and industry rank for Marathon Digital Holdings's PB Ratio or its related term are showing as below:

MARA' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 2.92   Max: 11.78
Current: 2.58

During the past 13 years, Marathon Digital Holdings's highest PB Ratio was 11.78. The lowest was 0.64. And the median was 2.92.

MARA's PB Ratio is ranked worse than
69.84% of 756 companies
in the Capital Markets industry
Industry Median: 1.285 vs MARA: 2.58

During the past 12 months, Marathon Digital Holdings's average Book Value Per Share Growth Rate was 151.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 74.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Marathon Digital Holdings was 143.80% per year. The lowest was -67.70% per year. And the median was 17.10% per year.

Back to Basics: PB Ratio


Marathon Digital Holdings PB Ratio Historical Data

The historical data trend for Marathon Digital Holdings's PB Ratio 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.

Marathon Digital Holdings PB Ratio Chart

Marathon Digital Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.75 4.95 1.29 3.53

Marathon Digital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 2.67 4.06 1.75 3.53

Competitive Comparison of Marathon Digital Holdings's PB Ratio

For the Capital Markets subindustry, Marathon Digital Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Marathon Digital Holdings's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marathon Digital Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Marathon Digital Holdings's PB Ratio falls into.



Marathon Digital Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Marathon Digital Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=17.16/6.655
=2.58

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Marathon Digital Holdings  (NAS:MARA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Marathon Digital Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Marathon Digital Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Digital Holdings (Marathon Digital Holdings) Business Description

Traded in Other Exchanges
Address
101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL, USA, 33301
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The Company currently operates in the Digital Currency Blockchain segment. The Company's Crypto-currency Machines are located in the United States.
Executives
Ashu Swami officer: Chief Technical Officer MARATHON DIGITAL,, 101 NE 3RD AVE, STE 1200, FORT LAUDERDALE FL 33301
Said Ouissal director VIOLIN MEMORY, INC., 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Salman Hassan Khan officer: CFO 25651 BIRCHLEAF CT, VALENCIA CA 91381
Douglas K Mellinger director PRT GROUP INC, 342 MADISON AVE 11TH FL, NEW YORK NY 10173
Frederick G Thiel director 7555 IRVINE CENTER DRIVE, IRVINE CA 92618
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Merrick D Okamoto director 1180 NORTH TOWN CENTER DRIVE, SUITE 100,, LAS VEGAS NV 89144
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Georges Antoun director C/O FIRST SOLAR, INC., 350 WEST WASHINGTON ST., SUITE 600, TEMPE AZ 85281
Sarita M. James director 200 CHAMBERS ST, 22D, NEW YORK NY 10007
Simeon Salzman officer: CHIEF FINANCIAL OFFICER 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Michael Carroll Berg director 1881 CARIGNAN WAY, YOUNTVILLE CA 94599
James Crawford officer: CHIEF OPERATING OFFICER 4215 324TH AVE. SE, FALL CITY WA 98024
Michael Rudolph director 1325 HOWARD AVE, PMB 422, BURLINGAME CA 94010