Core Scientific, Inc. operates facilities for digital asset mining and colocation services in North America. It provides blockchain infrastructure, software solutions, and services. The company mines digital assets for its own account and provides hosting colocation services for other large-scale miners. It operates in two segments, Equipment Sales and Hosting. The company owns and operates computer equipment that is used to process transactions conducted on one or more blockchain networks in exchange for transaction processing fees rewarded in digital currency assets, commonly referred to as mining; and datacenter facilities to provide colocation and hosting services for distributed ledger technology, also commonly known as blockchain. It also develops blockchain-based platforms and applications, including infrastructure management, security technologies, mining optimization, and recordkeeping. The company is headquartered in Austin, Texas. On December 21, 2022, Core Scientific, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
P/S ratio for Core Scientific, Inc. (CORZQ)
P/S ratio as of 2023: 2.60
According to Core Scientific, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.60. At the end of 2022 the company had a P/S ratio of 1.83.
P/S ratio history for Core Scientific, Inc. from 2019 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.60 |
| 2022 | 1.83 |
| 2021 | 1.31 |
| 2020 | 2.46 |
| 2019 | 5.70 |