Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
BTC Digital (NAS:BTCT) Tangible Book per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
BTC Digital Tangible Book per Share Related Terms
BTC Digital Tangible Book per Share Historical Data
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The historical data trend for BTC Digital's Tangible Book per Share 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.
BTCT vs EBON, SCKT, AGMH: Tangible Book per Share Comparison
For the Computer Hardware subindustry, BTC Digital's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
BTC Digital Price-to-Tangible-Book vs Hardware Industry
For the Hardware industry and Technology sector, BTC Digital's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where BTC Digital's Price-to-Tangible-Book falls into.
* 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.
Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
What does a Tangible Book per Share of $3.91 mean?
BTC Digital (BTCT) has a Tangible Book per Share of $3.91 as of Dec. 2025. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on BTC Digital and its competitors.
Is BTC Digital's Tangible Book per Share too high?
BTC Digital's current Tangible Book per Share is $3.91. Overall, BTC Digital has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTC Digital's Tangible Book per Share compare to EBON and SCKT?
BTC Digital's Tangible Book per Share of $3.91 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Hardware company?
A good Tangible Book per Share depends on the Hardware industry context. However, Tangible Book per Share 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 Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on BTC Digital and its competitors. BTC Digital's current Tangible Book per Share is $3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Digital stock overvalued right now?
Based on GuruFocus' analysis, BTC Digital (BTCT) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.84, compared to a current price of $1.25 — trading 48.8% above its estimated fair value. The current Tangible Book per Share is $3.91. BTC Digital's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For BTC Digital (BTCT), the current Tangible Book per Share is $3.91 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 BTC Digital (BTCT) Overvalued in 2026?
Based on GuruFocus' analysis, BTC Digital stock appears to be overvalued.
The current stock price of $1.25 is trading 48.8% above its estimated GF Value™ of $0.84.
GuruFocus considers BTC Digital to be Significantly Overvalued.
Key valuation signals for BTCT:
Tangible Book per Share: $3.91
GF Value™: $0.84 vs. price of $1.25 (48.8% above fair value)
No single metric tells the full story. See the BTCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BTC Digital Ltd is the ledger technology that underlies bitcoin and other cryptocurrencies, based in the U.S., with a focus on bitcoin mining. A blockchain is a decentralized, distributed, and encrypted digital public ledger that stores information in a secure, verifiable, and permanent way. The company also generates revenue through the resale of mining machines, mining machine rental, and miner hosting services.
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