Cipher Digital (CIFR) Price to Book (2020 - 2026)
Cipher Digital's (CIFR) Price to Book came in at 10.94 for Q3 2026, up 72.9% from 6.33 a year earlier but down 39.4% from the prior quarter.
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Analysis
Cipher Digital (CIFR) Price to Book (2020 - 2026) Analysis & Trends
For FY2025, Cipher Digital's Price to Book stood at 7.42, up 210.9% from FY2024.
- In prior years, Cipher Digital's Price to Book was 2.39 in FY2024 (-2.4%), 2.45 in FY2023 (+504.9%), 0.40 in FY2022 (-87.6%) and 3.26 in FY2021 (-95.6%).
- Quarterly Price to Book has run from a low of 0.40 in Q4 2022 to a high of 18.06 in Q2 2026 over five years.
- On a year-over-year basis, Price to Book has increased in each of the last six quarters, with growth averaging 203.4% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was Q2 2026, with growth of 631.5%; the weakest was Q4 2021, with a decline of 95.6%.
- According to Business Quant data, Price to Book for the three prior quarters was 18.06 (Q2 2026), 7.30 (Q1 2026) and 7.42 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn |
| 10 | Cipher Digital | 2.72 Bn | -108.93 Mn | 11.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.94 |
| Jun 30, 2026 | 18.06 |
| Mar 31, 2026 | 7.30 |
| Dec 31, 2025 | 7.42 |
| Sep 30, 2025 | 6.33 |
| Jun 30, 2025 | 2.47 |
| Mar 31, 2025 | 1.16 |
| Dec 31, 2024 | 2.39 |
| Sep 30, 2024 | 2.00 |
| Jun 30, 2024 | 1.97 |
| Mar 31, 2024 | 2.63 |
| Dec 31, 2023 | 2.45 |
| Sep 30, 2023 | 1.73 |
| Jun 30, 2023 | 2.08 |
| Mar 31, 2023 | 1.67 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.81 |
| Jun 30, 2022 | 1.08 |
| Mar 31, 2022 | 2.66 |
| Dec 31, 2021 | 3.26 |
API Access
Cipher Digital Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CIFR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CIFR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CIFR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();