Cipher Digital CIFR
NASDAQ CIFR
$17.74 +0.37 (+2.13%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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