TON Strategy (TONX) Price to Book (2014 - 2026)
TON Strategy's (TONX) Price to Book came in at 0.44 for Q1 2026, up 23.4% from 0.36 a year earlier and up 258.8% from the prior quarter.
Powered by 
Analysis
TON Strategy (TONX) Price to Book (2014 - 2026) Analysis & Trends
For FY2025, TON Strategy's Price to Book stood at 0.12, down 49.2% from FY2024.
- Annual Price to Book has declined for four consecutive years.
- In prior years, TON Strategy's Price to Book was 0.24 in FY2024 (-99.7%), 74.84 in FY2023 (-99.7%), 24655.68 in FY2022 (-54.6%) and 54315.72 in FY2021 (+22.8%).
- Quarterly Price to Book has run from a low of 0.12 in Q4 2025 to a high of 77574.99 in Q2 2021 over five years.
- On a year-over-year basis, Price to Book increased in two of the last six quarters, with an average decline of 54.0%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q3 2021, with growth of 303.9%; the weakest was Q1 2025, with a decline of 99.7%.
- According to Business Quant data, Price to Book for the three prior quarters was 0.12 (Q4 2025), 0.41 (Q3 2025) and 0.50 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn |
| 10 | TON Strategy | 213.69 Mn | 74.78 Mn | 3.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| 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 |
| Jun 30, 2021 | 77,574.99 |
| Mar 31, 2021 | 25,236.33 |
| Dec 31, 2020 | 44,240.45 |
API Access
TON Strategy 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=TONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TONX", "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=TONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();