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	Dec '25 Dec 15, 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	5,859	1,614	1,062	139	1,141	220
Market Cap Growth	199.22%	52.01%	665.82%	-87.85%	417.66%	-
Enterprise Value	5,868	1,612	1,084	116	858	-
Last Close Price	17.05	4.64	4.13	0.56	4.63	10.26
Forward PE	49.80	10.83	258.13	-	-	-
PS Ratio	30.50	10.67	8.37	45.65	-	-
PB Ratio	8.57	2.37	2.16	0.40	3.23	-63323.07
P/TBV Ratio	7.79	2.40	2.20	0.41	3.23	-
EV/Sales Ratio	28.42	10.65	8.54	38.29	-	-
EV/EBITDA Ratio	69.11	26.14	456.05	-	-	-
Debt / Equity Ratio	1.33	0.08	0.05	0.06	-	-
Debt / EBITDA Ratio	11.93	0.88	5.07	-	-	-
Asset Turnover	0.11	0.21	0.26	0.01	-	-
Quick Ratio	2.12	0.06	2.57	0.30	420.52	-
Current Ratio	2.49	1.28	4.60	1.18	448.22	-
Return on Equity (ROE)	-9.69%	-7.61%	-6.18%	-11.21%	-	-
Return on Assets (ROA)	-3.40%	-3.59%	-7.20%	-12.03%	-	-
Return on Capital (ROIC)	-4.88%	-4.07%	-8.09%	-12.97%	-	-
Return on Capital Employed (ROCE)	-4.30%	-5.60%	-10.70%	-19.70%	-22.30%	1200.00%
Earnings Yield	-1.17%	-2.77%	-2.43%	-28.17%	-6.90%	-0.02%
FCF Yield	-8.63%	-24.16%	-14.00%	-179.07%	-14.50%	-
Buyback Yield / Dilution	-22.61%	-27.99%	-1.70%	-13.85%	-	-

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q