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

18.70 3.01 −13.86%
Market cap
$7.3B
P/E
0.0×
Fwd P/E
−12.5×
Dividend yield
—
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

IREN Limited (IREN) P/B ratio

Alert me on 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

Against its own ten years

Low 0.0× High 8.5×
Ten-year median 1.2×
Current reading's percentile 60

P/B ratio against peers

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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