Bitmine Immersion Technologies, Inc.

Bitmine Immersion Technologies, Inc.verified

BMNR

Price:

$0.3

Market Cap:

$14.97M

Bitmine Immersion Technologies, Inc. operates as a blockchain technology company in the United States. The company engages in hosting third-party equipment used in mining of digital asset coins and tokens, primarily Bitcoin, as well as the self-mining for its own account. It also sells mining equipment to customers and related parties. Bitmine Immersion Technologies, Inc. was founded in 1995 and is based in Atlanta, Georgia.[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1997-12-17

Stock Exchange

PNK

Ticker

BMNR

The PE Ratio as of November 2024 (TTM) for Bitmine Immersion Technologies, Inc. (BMNR) is -4.29

According to Bitmine Immersion Technologies, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -4.29. This represents a change of -51.64% compared to the average of -8.87 of the last 4 quarters.

Bitmine Immersion Technologies, Inc. (BMNR) Historical PE Ratio (quarterly & annually)

How has BMNR PE Ratio performed in the past?

The mean historical PE Ratio of Bitmine Immersion Technologies, Inc. over the last ten years is -197.50. The current -4.29 PE Ratio has changed 117.22% with respect to the historical average. Over the past ten years (40 quarters), BMNR's PE Ratio was at its highest in in the August 2023 quarter at -7.51. The PE Ratio was at its lowest in in the February 2021 quarter at -1024.23.

Quarterly (TTM)
Annual

Average

-197.50

Median

-80.31

Minimum

-615.44

Maximum

-13.93

Bitmine Immersion Technologies, Inc. (BMNR) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Bitmine Immersion Technologies, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual PE Ratio = -13.93

Minimum Annual Increase = -87.16%

Minimum Annual PE Ratio = -615.44

Quarterly (TTM)
Annual
YearPE RatioChange
2023-13.93-23.76%
2022-18.27-87.16%
2021-142.35-76.87%

Bitmine Immersion Technologies, Inc. (BMNR) Average PE Ratio

How has BMNR PE Ratio performed in the past?

The current PE Ratio of Bitmine Immersion Technologies, Inc. (BMNR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-58.18

5-year avg

-197.50

10-year avg

-197.50

Bitmine Immersion Technologies, Inc. (BMNR) PE Ratio vs. Peers

How is BMNR’s PE Ratio compared to its peers?

Bitmine Immersion Technologies, Inc.’s PE Ratio is less than Cytta Corp. (-2.13), less than Creek Road Miners, Inc. (0), less than Mawson Infrastructure Group, Inc. (-0.61), less than Helo Corp. (2.17), less than Bagger Dave's Burger Tavern, Inc. (-2.07),

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