Bitfarms Ltd.
BITF
$-0.01
Change (1 day)
$3.91
Year High
$1.52
Year Low
Categories
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
P/B ratio for Bitfarms Ltd. (BITF)
P/B ratio as of 2023: 2.59
According to Bitfarms Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.59. At the end of 2022 the company had a P/B ratio of 0.36.
P/B ratio history for Bitfarms Ltd. from 2017 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.59 |
| 2022 | 0.36 |
| 2021 | 1.88 |
| 2020 | 10.44 |
| 2019 | 0.91 |
| 2018 | 1.95 |
| 2017 | 3.03 |