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Bit Digital (MEX:BTBT) Shiller PE Ratio : (As of Mar. 22, 2025)


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What is Bit Digital Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bit Digital Shiller PE Ratio Historical Data

The historical data trend for Bit Digital's Shiller PE 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.

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Bit Digital Shiller PE Ratio Chart

Bit Digital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
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Bit Digital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Bit Digital's Shiller PE Ratio

For the Capital Markets subindustry, Bit Digital's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Capital Markets Industry

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

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



Bit Digital Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Bit Digital's E10 for the fiscal year that ended in Dec24 is calculated as:

For example, Bit Digital's adjusted earnings per share data for the fiscal year that ended in Dec24 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec24 (Change)*Current CPI (Dec24)
=3.963/133.1571*133.1571
=3.963

Current CPI (Dec24) = 133.1571.

Bit Digital Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201512 0.000 99.792 0.000
201612 0.228 101.863 0.298
201712 -1.424 104.011 -1.823
201812 -4.712 105.998 -5.919
201912 -11.693 108.420 -14.361
202012 -1.392 109.897 -1.687
202112 -0.410 117.630 -0.464
202212 -26.125 125.222 -27.781
202312 -2.716 129.419 -2.794
202412 3.963 133.157 3.963

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Bit Digital  (MEX:BTBT) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Bit Digital Shiller PE Ratio Related Terms

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Bit Digital Business Description

Traded in Other Exchanges
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.