MARA Holdings (MARA) Price to Book (2012 - 2026)
MARA Holdings' (MARA) quarterly Price to Book came in at 3.16 in Q2 2026, up 167.03% year-over-year from 1.18 in Q2 2025, and up 128.82% quarter-over-quarter from 1.38 in Q1 2026.
Analysis
MARA Holdings (MARA) Price to Book (2012 - 2026) Analysis & Trends
MARA Holdings has disclosed Price to Book across 15 years of filings, most recently posting 3.16 for Q2 2026.
- In Q2 2026, Price to Book rose 167.03% year-over-year to 3.16; the TTM figure through Jun 2026 stood at 3.16 (up 167.03% YoY), while the FY2025 annual figure was 0.98, down 28.97% from the prior year.
- Price to Book came in at 3.16 for Q2 2026 at MARA Holdings, up from 1.38 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 4.06 in Q2 2023 to a low of 0.95 in Q2 2022.
- Average Price to Book over 5 years is 1.99, with a median of 1.74 recorded in 2023.
- Year-over-year, Price to Book tumbled 82.37% in 2022 and jumped 327.8% in 2023.
- Over 5 years, Price to Book stood at 1.01 in 2022, then surged by 165.8% to 2.67 in 2023, then slumped by 48.38% to 1.38 in 2024, then decreased by 28.97% to 0.98 in 2025, then soared by 222.77% to 3.16 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 3.16 in Q2 2026, 1.38 in Q1 2026, and 0.98 in Q4 2025.
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 | 3.16 |
| Mar 31, 2026 | 1.38 |
| Dec 31, 2025 | 0.98 |
| Sep 30, 2025 | 1.34 |
| Jun 30, 2025 | 1.18 |
| Mar 31, 2025 | 1.07 |
| Dec 31, 2024 | 1.38 |
| Sep 30, 2024 | 1.73 |
| Jun 30, 2024 | 2.16 |
| Mar 31, 2024 | 2.45 |
| Dec 31, 2023 | 2.67 |
| Sep 30, 2023 | 1.75 |
| Jun 30, 2023 | 4.06 |
| Mar 31, 2023 | 2.67 |
| Dec 31, 2022 | 1.01 |
| Sep 30, 2022 | 2.05 |
| Jun 30, 2022 | 0.95 |
| Mar 31, 2022 | 3.82 |
| Dec 31, 2021 | 4.90 |
| Sep 30, 2021 | 4.90 |