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	Sep '25 Sep 12, 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	4,267	1,614	1,062	139	1,141	220
Market Cap Growth	37.91%	52.01%	665.82%	-87.85%	417.66%	-
Enterprise Value	4,394	1,612	1,084	116	858	-
Last Close Price	10.85	4.64	4.13	0.56	4.63	10.26
Forward PE	20.41	10.83	258.13	-	-	-
PS Ratio	24.20	10.67	8.37	45.65	-	-
PB Ratio	5.60	2.37	2.16	0.40	3.23	-63323.07
P/TBV Ratio	5.77	2.40	2.20	0.41	3.23	-
EV/Sales Ratio	27.66	10.65	8.54	38.29	-	-
EV/EBITDA Ratio	103.82	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	-3.61%	-2.77%	-2.43%	-28.17%	-6.90%	-0.02%
FCF Yield	-14.25%	-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