Iren (IREN) Price to Book (2021 - 2026)
Iren's (IREN) quarterly Price to Book came in at 8.31 in Q2 2026, up 100.89% year-over-year from 4.14 in Q2 2025, and down 5.32% quarter-over-quarter from 8.78 in Q1 2026.
Analysis
Iren (IREN) Price to Book (2021 - 2026) Analysis & Trends
Iren (IREN) has reported Price to Book for 6 consecutive years, with 8.31 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book rose 100.89% year-over-year to 8.31 in Q2 2026; TTM through Jun 2026 was 8.31, a 100.89% increase from a year earlier, with the FY2026 full-year figure at 8.31, up 100.89% from the prior year.
- Price to Book was 8.31 for Q2 2026 at Iren, down from 8.78 in the prior quarter.
- Over five years, Price to Book peaked at 9.99 in Q4 2025 and troughed at 0.25 in Q4 2022.
- A 5-year average of 4.06 and a median of 4.07 in 2024 frame the typical range for Price to Book.
- Across the five-year window, Price to Book tumbled 87.19% in 2022 and soared 486.94% in 2024, its largest moves.
- Over 5 years, Price to Book stood at 0.25 in 2022, then jumped by 376.5% to 1.21 in 2023, then soared by 235.66% to 4.07 in 2024, then soared by 145.43% to 9.99 in 2025, then decreased by 16.76% to 8.31 in 2026.
- The last three Price to Book figures came in at 8.31 (Q2 2026), 8.78 (Q1 2026), and 9.99 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - |
| 6 | MARA Holdings | 4.32 Bn | 3.96 Bn | - |
| 7 | Cleanspark | 3.26 Bn | 3.05 Bn | - |
| 8 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.14 Bn | 2.13 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 853.00 Mn | 613.97 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.31 |
| Mar 31, 2026 | 8.78 |
| Dec 31, 2025 | 9.99 |
| Sep 30, 2025 | 9.24 |
| Jun 30, 2025 | 4.14 |
| Mar 31, 2025 | 2.34 |
| Dec 31, 2024 | 4.07 |
| Sep 30, 2024 | 4.21 |
| Jun 30, 2024 | 5.80 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 1.21 |
| Jun 30, 2023 | 0.99 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.25 |
| Jun 30, 2022 | 0.42 |
| Dec 31, 2021 | 1.99 |