BTBT (Bit Digital) PB Ratio: 1.40 (As of Sep. 14, 2026) — 13% Below 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.

BTBT Bit Digital Inc BTBT
64 GF Score
Price $1.52
GF Value $1.65
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Bit Digital PB Ratio?

Bit Digital BTBT -4.40% 64 PB Ratio is 1.40 as of Sep. 14, 2026, which is 13% below its 10-year median of 1.61. GuruFocus rates BTBT with a GF Score™ of 64/100 and a GF Value™ of $1.65 (Fairly Valued). The stock has 8 warning signs investors should review. Among 775 Capital Markets companies, Bit Digital ranks worse than 54.58% 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 (2026-09-14), Bit Digital's share price is $1.52. Bit Digital's Book Value per Share for the quarter that ended in Jun. 2026 was $1.09. Hence, Bit Digital's PB Ratio of today is 1.40.

Warning Sign:

Bit Digital Inc stock PB Ratio (=1.46) is close to 1-year high of 1.56.

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

BTBT' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.61   Max: 31.64
Current: 1.39

During the past 11 years, Bit Digital's highest PB Ratio was 31.64. The lowest was 0.33. And the median was 1.61.

BTBT's PB Ratio is ranked worse than
54.58% of 775 companies
in the Capital Markets industry
Industry Median: 1.28 vs BTBT: 1.39

During the past 12 months, Bit Digital's average Book Value Per Share Growth Rate was -50.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 28.20% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Bit Digital was 131.20% per year. The lowest was -25.60% per year. And the median was 25.10% per year.

Back to Basics: PB Ratio


Bit Digital  (NAS:BTBT) 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.


Bit Digital PB Ratio Related Terms


Bit Digital PB Ratio Historical Data

* Premium members only.

The historical data trend for Bit Digital'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.

Bit Digital PB Ratio Chart

Bit Digital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 0.61 3.16 1.15 0.86

Bit Digital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.00 1.08 0.86 0.94 1.65

BTBT vs ABTC, GEMI, AXG: PB Ratio Comparison

For the Capital Markets subindustry, Bit Digital'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.


Bit Digital PB Ratio vs Capital Markets Industry

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

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


BTBT
64GF Score
Bit Digital Inc BTBT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bit Digital 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=1.52/1.088
=1.40

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.40 mean?
Bit Digital (BTBT) has a PB Ratio of 1.40 as of Sep. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bit Digital and its competitors. This is 13% below median its historical median of 1.61. Over the past decade, Bit Digital's PB Ratio has ranged from 0.33 to 31.64. According to the industry distribution chart, Bit Digital ranks #423 out of 775 companies in the Capital Markets industry, placing it in the top 54.6%.
Is Bit Digital's PB Ratio too high?
Bit Digital's current PB Ratio of 1.40 is 13% below median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 31.64. The Capital Markets industry median PB Ratio is 1.28. Bit Digital's value of 1.40 is 9.4% above this industry median. Based on the distribution chart, Bit Digital ranks #423 out of 775 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Bit Digital has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bit Digital's PB Ratio compare to ABTC and GEMI?
According to the Capital Markets industry distribution chart, Bit Digital ranks #423 out of 775 companies for PB Ratio. This places Bit Digital in the lower half of its industry. The industry median PB Ratio is 1.28. Bit Digital's value of 1.40 is 9.4% above this benchmark. Historically, Bit Digital's own PB Ratio has ranged from 0.33 to 31.64 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.28, Bit Digital 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 1.28, based on 775 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. Bit Digital's current PB Ratio of 1.40 is 9.4% 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 Bit Digital and its competitors. For the Capital Markets industry, the median PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Digital's current PB Ratio is 1.40, which is 13% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Digital stock overvalued right now?
Based on GuruFocus' analysis, Bit Digital (BTBT) is currently considered Fairly Valued. The stock's GF Value™ is $1.65, compared to a current price of $1.52 — trading 7.9% below its estimated fair value. The current PB Ratio is 1.40, which is 13% below median its 10-year median of 1.61 and 9.4% above the Capital Markets industry median of 1.28. Bit Digital's overall GF Score™ is 64/100 with 8 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 Bit Digital (BTBT), the current PB Ratio is 1.40 as of Sep. 14, 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 Bit Digital (BTBT) Overvalued in 2026?

Based on GuruFocus' analysis, Bit Digital stock appears to be undervalued. The current stock price of $1.52 is trading 7.9% below its estimated GF Value™ of $1.65. GuruFocus considers Bit Digital to be Fairly Valued.

Key valuation signals for BTBT:

  • PB Ratio: 1.40 (13% below median its 10-year median of 1.61)
  • GF Value™: $1.65 vs. price of $1.52 (7.9% below fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 9.4% above the Capital Markets median (#423 of 775)

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


Bit Digital Business Description

Other Exchanges BTBTN:MexicoBIV:Germany
Address 31 Hudson Yards, Floor 11, New York, NY, USA, 10001
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
64GF Score

Get the complete analysis for BTBT

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

$1.52
Price
$1.65
GF Value