Cipher Mining Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Oct '25 Oct 24, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 31, 2021
Market Capitalization	8,125	1,614	1,062	139	1,141	220
Market Cap Growth	542.84%	52.01%	665.82%	-87.85%	417.66%	-
Enterprise Value	8,252	1,612	1,084	116	858	-
Last Close Price	20.66	4.64	4.13	0.56	4.63	10.26
Forward PE	40.25	10.83	258.13	-	-	-
PS Ratio	46.08	10.67	8.37	45.65	-	-
PB Ratio	10.67	2.37	2.16	0.40	3.23	-63323.07
P/TBV Ratio	10.98	2.40	2.20	0.41	3.23	-
EV/Sales Ratio	51.95	10.65	8.54	38.29	-	-
EV/EBITDA Ratio	194.99	26.14	456.05	-	-	-
Debt / Equity Ratio	0.25	0.08	0.05	0.06	-	-
Debt / EBITDA Ratio	4.23	0.88	5.07	-	-	-
Asset Turnover	0.18	0.21	0.26	0.01	-	-
Quick Ratio	1.23	0.06	2.57	0.30	420.52	-
Current Ratio	4.18	1.28	4.60	1.18	448.22	-
Return on Equity (ROE)	-21.39%	-7.61%	-6.18%	-11.21%	-	-
Return on Assets (ROA)	-7.68%	-3.59%	-7.20%	-12.03%	-	-
Return on Capital (ROIC)	-8.34%	-4.07%	-8.09%	-12.97%	-	-
Earnings Yield	-1.90%	-2.77%	-2.43%	-28.17%	-6.90%	-0.02%
FCF Yield	-7.48%	-24.16%	-14.00%	-179.07%	-14.50%	-
Buyback Yield / Dilution	-23.73%	-27.99%	-1.70%	-13.85%	-	-

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q