Argo BlockchainARBK -4.49%50 PB Ratio is 3.57 as of Jun. 25, 2026, which is 33% above its 10-year median of 2.68. GuruFocus rates ARBK with a GF Score™ of 50/100 and a GF Value™ of $13.91 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 778 Capital Markets companies, Argo Blockchain ranks better than 98.59% on this metric.
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 (2026-06-25), Argo Blockchain's share price is $3.45. Argo Blockchain's Book Value per Share for the quarter that ended in Dec. 2025 was $0.97. Hence, Argo Blockchain's PB Ratio of today is 3.57.
Good Sign:
Argo Blockchain PLC stock PB Ratio (=0.17) is close to 3-year low of 0.17.
The historical rank and industry rank for Argo Blockchain's PB Ratio or its related term are showing as below:
ARBK'
s PB Ratio Range Over the Past 10 Years
Min: 0.05 Med: 2.68 Max: 36.24
Current: 0.14
During the past 8 years, Argo Blockchain's highest PB Ratio was 36.24. The lowest was 0.05. And the median was 2.68.
ARBK's PB Ratio is ranked better than 98.59% of 778
companies
in the Capital Markets industry
Industry Median: 1.31
vs ARBK: 0.14
During the past 3 years, the average Book Value Per Share Growth Rate was -29.30% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Argo Blockchain was 84.30% per year. The lowest was -29.30% per year. And the median was -18.10% per year.
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.
Argo Blockchain PB Ratio Related Terms
Argo Blockchain PB Ratio Historical Data
* Premium members only.
The historical data trend for Argo Blockchain'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.
For the Capital Markets subindustry, Argo Blockchain'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.
Argo Blockchain PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Argo Blockchain's PB Ratio distribution charts can be found below:
* The bar in red indicates where Argo Blockchain's PB Ratio falls into.
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.
Argo Blockchain's PB Ratio for today is calculated as follows:
* 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.
Argo Blockchain (ARBK) has a PB Ratio of 3.57 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Argo Blockchain and its competitors. This is 33% above median its historical median of 2.68. Over the past decade, Argo Blockchain's PB Ratio has ranged from 0.05 to 36.24. According to the industry distribution chart, Argo Blockchain ranks #11 out of 778 companies in the Capital Markets industry, placing it in the top 1.4%.
Is Argo Blockchain's PB Ratio too high?
Argo Blockchain's current PB Ratio of 3.57 is 33% above median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 36.24. The Capital Markets industry median PB Ratio is 1.31. Argo Blockchain's value of 3.57 is 172.5% above this industry median. Based on the distribution chart, Argo Blockchain ranks #11 out of 778 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Argo Blockchain has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Argo Blockchain's PB Ratio compare to FLD and PLUT?
According to the Capital Markets industry distribution chart, Argo Blockchain ranks #11 out of 778 companies for PB Ratio. This places Argo Blockchain in the top 1% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.31. Argo Blockchain's value of 3.57 is 172.5% above this benchmark. Historically, Argo Blockchain's own PB Ratio has ranged from 0.05 to 36.24 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 1.31, Argo Blockchain has consistently been above 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 PB Ratio for a Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.31, based on 778 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argo Blockchain's current PB Ratio of 3.57 is 172.5% above 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Argo Blockchain and its competitors. For the Capital Markets industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Blockchain's current PB Ratio is 3.57, which is 33% above median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Blockchain stock overvalued right now?
Based on GuruFocus' analysis, Argo Blockchain (ARBK) is currently considered Possible Value Trap. The stock's GF Value™ is $13.91, compared to a current price of $3.45 — trading 75.2% below its estimated fair value. The current PB Ratio is 3.57, which is 33% above median its 10-year median of 2.68 and 172.5% above the Capital Markets industry median of 1.31. Argo Blockchain's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Argo Blockchain (ARBK), the current PB Ratio is 3.57 as of Jun. 25, 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 Argo Blockchain (ARBK) Overvalued in 2026?
Based on GuruFocus' analysis, Argo Blockchain stock appears to be undervalued.
The current stock price of $3.45 is trading 75.2% below its estimated GF Value™ of $13.91.
GuruFocus considers Argo Blockchain to be Possible Value Trap.
Key valuation signals for ARBK:
PB Ratio: 3.57 (33% above median its 10-year median of 2.68)
GF Value™: $13.91 vs. price of $3.45 (75.2% below fair value)
Industry Position: 172.5% above the Capital Markets median (#11 of 778)
No single metric tells the full story. See the ARBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argo Blockchain PLC is a blockchain technology company focused on the large-scale mining of Bitcoin. It mines bitcoin using purpose-built computers (or mining machines) to solve complex cryptographic algorithms on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company acquires and deploys mining technology solutions in North American facilities that utilize predominantly renewable and inexpensive electricity.
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