IREN Limited
IREN Financial Capital Markets
IREN Limited’s revenue for fiscal 2026 (year ended June 2026) was $707.0 million, up 41.1% from fiscal 2025.
- Revenue
- −26.7%
- EPS
- −391.9%
- Free cash flow
- +705.7%
- Total debt
- +701.0%
Quarter to June 2026, against a year earlier
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IREN Limited (IREN) P/B ratio
As of 5 November 2026, IREN Limited (IREN) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 0.0× (December 2021) to 8.5× (May 2026); the current reading is higher than 61% of that period. That is in line with the Capital Markets industry median of 1.4× and above the Financial sector median of 1.3×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2026 | 3.5× | 100.78% |
| FY2025 | 1.7× | 50.13% |
| FY2024 | 1.1× | 40.18% |
| FY2023 | 0.8× | 160.65% |
| FY2022 | 0.3× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 3.5× | (19.56%) |
| Mar 2026 | 4.3× | (4.21%) |
| Dec 2025 | 4.5× | 1.49% |
| Sep 2025 | 4.4× | 156.77% |
| 15 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| JEF Jefferies Financial Group Inc. compare | 0.9× |
| IREN IREN Limited | 1.4× |
| XP XP Inc. compare | 1.6× |
| VIRT Virtu Financial, Inc. compare | 2.0× |
| SF Stifel Financial Corporation compare | 2.0× |
| SNEX StoneX Group Inc. compare | 2.2× |
| FUTU Futu Holdings Limited Sponsored ADR compare | 2.6× |
| HLI Houlihan Lokey, Inc. compare | 4.3× |
| 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))
More on IREN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement