BCHG (Grayscale Bitcoin Cash TR BCH) Pretax Margin %: 98.06% (As of Mar. 2021)

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What is Grayscale Bitcoin Cash TR BCH Pretax Margin %?

Grayscale Bitcoin Cash TR BCH BCHG +0.52% Pretax Margin % is 98.06% as of Mar. 2021.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grayscale Bitcoin Cash TR BCH's Pre-Tax Income for the three months ended in Mar. 2021 was $43.35 Mil. Grayscale Bitcoin Cash TR BCH's Revenue for the three months ended in Mar. 2021 was $44.21 Mil. Therefore, Grayscale Bitcoin Cash TR BCH's pretax margin for the quarter that ended in Mar. 2021 was 98.06%.

The historical rank and industry rank for Grayscale Bitcoin Cash TR BCH's Pretax Margin % or its related term are showing as below:


BCHG's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 89.925
* Ranked among companies with meaningful Pretax Margin % only.

Grayscale Bitcoin Cash TR BCH  (OTCPK:BCHG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Grayscale Bitcoin Cash TR BCH Pretax Margin % Related Terms


Grayscale Bitcoin Cash TR BCH Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Grayscale Bitcoin Cash TR BCH's Pretax Margin % 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.

Grayscale Bitcoin Cash TR BCH Pretax Margin % Chart

Grayscale Bitcoin Cash TR BCH Annual Data
Trend Jun18 Jun19 Jun20
Pretax Margin %
0.00 104.20 102.29

Grayscale Bitcoin Cash TR BCH Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Pretax Margin % Get a 7-Day Free Trial 88.01 109.30 102.18 98.62 98.06

BCHG vs : Pretax Margin % Comparison

For the Asset Management subindustry, Grayscale Bitcoin Cash TR BCH's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Grayscale Bitcoin Cash TR BCH Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Bitcoin Cash TR BCH's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grayscale Bitcoin Cash TR BCH's Pretax Margin % falls into.



Grayscale Bitcoin Cash TR BCH Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Grayscale Bitcoin Cash TR BCH's Pretax Margin for the fiscal year that ended in Jun. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2020 )/Revenue (A: Jun. 2020 )
=-3.534/-3.455
=102.29 %

Grayscale Bitcoin Cash TR BCH's Pretax Margin for the quarter that ended in Mar. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2021 )/Revenue (Q: Mar. 2021 )
=43.351/44.21
=98.06 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 98.06% mean?
Grayscale Bitcoin Cash TR BCH (BCHG) has a Pretax Margin % of 98.06% as of Mar. 2021. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors.
Is Grayscale Bitcoin Cash TR BCH's Pretax Margin % too high?
Grayscale Bitcoin Cash TR BCH's current Pretax Margin % is 98.06%. The Asset Management industry median Pretax Margin % is 89.93. Grayscale Bitcoin Cash TR BCH's value of 98.06% is 9% above this industry median.
How does Grayscale Bitcoin Cash TR BCH's Pretax Margin % compare to ?
Grayscale Bitcoin Cash TR BCH's Pretax Margin % of 98.06% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 89.93. Grayscale Bitcoin Cash TR BCH's value of 98.06% is 9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.93, based on 1,574 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grayscale Bitcoin Cash TR BCH's current Pretax Margin % of 98.06% is 9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Bitcoin Cash TR BCH's current Pretax Margin % is 98.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Bitcoin Cash TR BCH stock overvalued right now?
Grayscale Bitcoin Cash TR BCH (BCHG) has a current Pretax Margin % of 98.06%. The current Pretax Margin % is 98.06% and 9% above the Asset Management industry median of 89.93. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Grayscale Bitcoin Cash TR BCH (BCHG), the current Pretax Margin % is 98.06% as of Mar. 2021. 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.

Grayscale Bitcoin Cash TR BCH Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Bitcoin Cash TR BCH provides platform for digital currency investing. It provides investment products like single-asset, diversified, large cap funds, and others. The company operates as a digital currency asset manager.