TON Strategy (TONX) Price to Book (2014 - 2026)
TON Strategy's (TONX) quarterly Price to Book came in at 0.36 in Q2 2026, down 28.2% on a YoY basis from 0.5 in Q2 2025, and down 18.29% quarter-over-quarter from 0.44 in Q1 2026.
Analysis
TON Strategy (TONX) Price to Book (2014 - 2026) Analysis & Trends
TON Strategy (TONX) has reported Price to Book for 13 consecutive years, with 0.36 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book fell 28.2% year-over-year to 0.36; the trailing twelve-month figure through Jun 2026 stood at 0.36 (down 28.2% YoY), and the FY2025 full-year result was 0.12, down 49.18% from the prior year.
- Price to Book slipped to 0.36 in Q2 2026 per TONX's latest filing, from 0.44 in the prior quarter.
- Across five years, Price to Book topped out at 39505.24 in Q1 2022 and bottomed at 1061.43 in Q3 2023.
- Historically, Price to Book has averaged 5827.67 across 5 years, with a median of 0.47 in 2025.
- The sharpest annual moves came in 2023 and 2024: Price to Book sank 104.55% in 2023, then jumped 131.13% in 2024.
- Over 5 years, Price to Book stood at 24655.68 in 2022, then tumbled by 99.7% to 74.84 in 2023, then tumbled by 99.68% to 0.24 in 2024, then sank by 49.18% to 0.12 in 2025, then soared by 193.18% to 0.36 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 0.36, 0.44, and 0.12 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - |
| 10 | Universal Token | 174.68 Mn | 174.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.44 |
| Dec 31, 2025 | 0.12 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.50 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 159.70 |
| Mar 31, 2024 | 117.89 |
| Dec 31, 2023 | 74.84 |
| Sep 30, 2023 | -1,061.43 |
| Jun 30, 2023 | -512.98 |
| Mar 31, 2023 | 524.90 |
| Dec 31, 2022 | 24,655.68 |
| Sep 30, 2022 | 23,336.21 |
| Jun 30, 2022 | 18,095.19 |
| Mar 31, 2022 | 39,505.24 |
| Dec 31, 2021 | 54,315.72 |
| Sep 30, 2021 | 74,795.70 |