Cipher Digital (CIFR) Price to Book (2020 - 2026)
Cipher Digital (CIFR) posted Price to Book of 18.06 for Q2 2026, up 147.24% on a QoQ basis from 7.3 in Q1 2026, and up 631.44% year-over-year from 2.47 in Q2 2025.
Analysis
Cipher Digital (CIFR) Price to Book (2020 - 2026) Analysis & Trends
Cipher Digital has reported Price to Book for 7 years, with the latest figure at 18.06 in Q2 2026.
- On a quarterly basis, Price to Book rose 631.44% year-over-year to 18.06 in Q2 2026; TTM through Jun 2026 was 18.06, a 631.44% increase from a year earlier, with the FY2025 full-year figure at 5.98, up 150.44% from the prior year.
- Price to Book was 18.06 for Q2 2026 at Cipher Digital, up from 7.3 in the prior quarter.
- The five-year high for Price to Book was 18.06 in Q2 2026, with the low at 0.4 in Q4 2022.
- Average Price to Book over 5 years is 3.59, with a median of 2.23 recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Price to Book plunged 87.86% in 2022, then soared 631.44% in 2026.
- Over 5 years, Price to Book stood at 0.4 in 2022, then surged by 504.93% to 2.45 in 2023, then retreated by 2.41% to 2.39 in 2024, then jumped by 210.9% to 7.42 in 2025, then jumped by 143.33% to 18.06 in 2026.
- The last three Price to Book figures came in at 18.06 (Q2 2026), 7.3 (Q1 2026), and 7.42 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 6.70 |