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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn |
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 |
Iren 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=IREN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "IREN", "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=IREN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();