BitMine Immersion Technologies, Inc.

BMNR Financial Capital Markets

BitMine Immersion Technologies, Inc.’s revenue for fiscal 2025 (year ended August 2025) was $6.1 million, up 84.1% from fiscal 2024.

Revenue
+2,167.8%
EPS
+51.6%
Free cash flow
−126,594.8%

Quarter to May 2026, against a year earlier

18.81 0.19 −1.00%
Market cap
$11.5B
P/E
0.0×
Fwd P/E
−0.9×
Dividend yield
0.05%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

BitMine Immersion Technologies, Inc. (BMNR) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, BitMine Immersion Technologies, Inc. (BMNR) trades at a P/B ratio of 0.9×. Over the past ten years it has ranged from 0.1× (November 2025) to 94.1× (July 2025); the current reading is higher than 50% of that period. That is below the Capital Markets industry median of 1.4× and below the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 0.1× (97.88%)
FY2024 5.6× 0.00%
FY2023 5.6× 0.00%
FY2022 5.6× —

Quarterly newest first

Period P/B ratio Change
May 2026 0.9× (4.70%)
Feb 2026 0.9× 12.32%
Nov 2025 0.8× 609.83%
Aug 2025 0.1× (98.74%)
14 more quarters

Against its own ten years

Low 0.1× High 94.1×
Ten-year median 0.9×
Current reading's percentile 50

P/B ratio against peers

Company P/B ratio
JEF Jefferies Financial Group Inc. compare 0.9×
BMNR BitMine Immersion Technologies, Inc. 0.9×
IREN IREN Limited compare 1.4×
VIRT Virtu Financial, Inc. compare 2.0×
SF Stifel Financial Corporation compare 2.0×
FUTU Futu Holdings Limited Sponsored ADR compare 2.6×
HLI Houlihan Lokey, Inc. compare 4.3×
CRCL Circle Internet Group, Inc. compare 4.6×
EVR Evercore Inc compare 5.1×
Capital Markets industry median 1.4×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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