BTOG (Bit Origin) ROE % Adjusted to Book Value: 0.00% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

BTOG Bit Origin Ltd BTOG
24 GF Score
Price $0.82
GF Value $0.10
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bit Origin ROE % Adjusted to Book Value?

Bit Origin BTOG +4.72% 24 ROE % Adjusted to Book Value is 0.00% as of Dec. 2025. GuruFocus rates BTOG with a GF Score™ of 24/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Bit Origin's ROE % for the quarter that ended in Dec. 2025 was -1,237.54%. Bit Origin's PB Ratio for the quarter that ended in Dec. 2025 was N/A. Bit Origin's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was N/A.


Bit Origin ROE % Adjusted to Book Value Related Terms


Bit Origin ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Bit Origin's ROE % Adjusted to Book Value 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 Origin ROE % Adjusted to Book Value Chart

Bit Origin Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 17.92 -187.52 -21.94 -65.99

Bit Origin Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value 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 -56.73 -29.45 0.00 -95.65 0.00

BTOG vs MWAI, PWCM, IPST: ROE % Adjusted to Book Value Comparison

For the Financial Data & Stock Exchanges subindustry, Bit Origin's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 Origin ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Origin's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Bit Origin's ROE % Adjusted to Book Value falls into.


BTOG
24GF Score
Bit Origin Ltd BTOG
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Bit Origin ROE % Adjusted to Book Value Calculation

Bit Origin's ROE % Adjusted to Book Value for the fiscal year that ended in Jun. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-157.72% / 2.39
=-65.99%

Bit Origin's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-1,237.54% / N/A
=N/A

* 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.

What does a ROE % Adjusted to Book Value of 0.00% mean?
Bit Origin (BTOG) has a ROE % Adjusted to Book Value of 0.00% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Bit Origin and its competitors.
Is Bit Origin's ROE % Adjusted to Book Value too high?
Bit Origin's current ROE % Adjusted to Book Value is 0.00%. Overall, Bit Origin has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bit Origin's ROE % Adjusted to Book Value compare to MWAI and PWCM?
Bit Origin's ROE % Adjusted to Book Value of 0.00% can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Capital Markets company?
A good ROE % Adjusted to Book Value depends on the Capital Markets industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Bit Origin and its competitors. Bit Origin's current ROE % Adjusted to Book Value is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Origin stock overvalued right now?
Based on GuruFocus' analysis, Bit Origin (BTOG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.82 — trading 720% above its estimated fair value. The current ROE % Adjusted to Book Value is 0.00%. Bit Origin's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Bit Origin (BTOG), the current ROE % Adjusted to Book Value is 0.00% as of Dec. 2025. 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 Origin (BTOG) Overvalued in 2026?

Based on GuruFocus' analysis, Bit Origin stock appears to be overvalued. The current stock price of $0.82 is trading 720% above its estimated GF Value™ of $0.10. GuruFocus considers Bit Origin to be Significantly Overvalued.

Key valuation signals for BTOG:

  • ROE % Adjusted to Book Value: 0.00%
  • GF Value™: $0.10 vs. price of $0.82 (720% above fair value)
  • GF Score™: 24/100 with 7 warning signs

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


Bit Origin Business Description

Address 160 Robinson Road, 12th Floor, SBF Center, Singapore, SGP, 068914
Bit Origin Ltd is seeking opportunities in deploying new technologies, crypto asset mining and blockchain technologies in Singapore. The company has focused on building the Bitcoin mining ecosystem through incubations, strategic investments, and acquisitions. It derives all of its revenue from Bitcoin mining.
24GF Score

Get the complete analysis for BTOG

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.82
Price
$0.10
GF Value