Bitfarms Ltd.

Toronto Stock Exchange BITF.TO

Bitfarms Ltd. Price to Earnings Ratio (P/E) on January 14, 2025: -7.18

Bitfarms Ltd. Price to Earnings Ratio (P/E) is -7.18 on January 14, 2025, a 7.56% change year over year. Price to earnings ratio compares the stock price to earnings per share; higher P/E suggests expectations for future earnings growth.

Bitfarms Ltd. 52-week high Price to Earnings Ratio (P/E) is -5.37 on May 13, 2024, which is 25.17% above the current Price to Earnings Ratio (P/E).
Bitfarms Ltd. 52-week low Price to Earnings Ratio (P/E) is -12.27 on November 12, 2024, which is -70.86% below the current Price to Earnings Ratio (P/E).
Bitfarms Ltd. average Price to Earnings Ratio (P/E) for the last 52 weeks is -8.69.

Key data

Date	Price to Earnings Ratio (P/E)	Price to Sales Ratio (P/S)	Price to Book Ratio (P/B)	Dividend Yield

Toronto Stock Exchange: BITF.TO

Bitfarms Ltd.

CEO	Mr. Benjamin Gagnon
IPO Date	July 16, 2019
Location	Canada
Headquarters	18 King Street East
Employees	170
Sector	Technology
Industries Crypto Mining Bitcoin & Crypto Blockchain

Description

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.

Key trends

Past 5 years