Bitfarms (TSX:BITF) PEG Ratio : N/A (As of May. 02, 2024)

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What is Bitfarms PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Bitfarms's PE Ratio without NRI is 0.00. Bitfarms's 5-Year EBITDA growth rate is 0.00%. Therefore, Bitfarms's PEG Ratio for today is N/A.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

The historical rank and industry rank for Bitfarms's PEG Ratio or its related term are showing as below:

TSX:BITF's PEG Ratio is not ranked ^*
in the Capital Markets industry.
Industry Median: 1.495
* Ranked among companies with meaningful PEG Ratio only.

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

Bitfarms PEG Ratio Historical Data

The historical data trend for Bitfarms's PEG 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.

Bitfarms PEG Ratio Chart

Bitfarms Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PEG Ratio

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Bitfarms Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PEG Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Bitfarms's PEG Ratio

For the Capital Markets subindustry, Bitfarms's PEG Ratio, along with its competitors' market caps and PEG 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.

Bitfarms's PEG Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where Bitfarms's PEG Ratio falls into.

Bitfarms PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Bitfarms's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year EBITDA Growth Rate*
	=		/	0.00
	=	N/A

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Bitfarms (TSX:BITF) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Bitfarms PEG Ratio Related Terms

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

Bitfarms (TSX:BITF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (TSX:BITF) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

BITF:USA 1B2:Germany 1B2:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.bitfarms.com

Bitfarms Ltd is a publicly traded Bitcoin company. It develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The company's proprietary data analytics system delivers best-in-class operational performance and uptime. The group has around 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina. It is Powered by predominantly environmentally friendly hydroelectric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure.

Executives