What is the price-to-earnings ratio of Bit Digital?
The price-earnings ratio of Bit Digital is currently 6.17.
Bit Digital P/E 2024
Bit Digital P/E
6.17
Ticker
BTBT
ISIN
KYG1144A1058
WKN
A2QFQV
As of Dec 17, 2024, Bit Digital's P/E ratio was 6.17, a -130.7% change from the -20.1 P/E ratio recorded in the previous year.
The Bit Digital P/E history
Bit Digital Aktienanalyse
What does Bit Digital do?
Bit Digital ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Bit Digital's P/E Ratio
The Price to Earnings (P/E) Ratio of Bit Digital is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Bit Digital's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Bit Digital is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Bit Digital’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Bit Digital stock
How has the price-earnings ratio of Bit Digital changed compared to last year?
The price-to-earnings ratio of Bit Digital has increased by -130.7% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Bit Digital high compared to other companies?
Yes, the price-to-earnings ratio of Bit Digital is high compared to other companies.
How does an increase in the price-earnings ratio of Bit Digital affect the company?
An increase in the price-earnings ratio of Bit Digital would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Bit Digital affect the company?
A decrease in the price-earnings ratio of Bit Digital would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Bit Digital?
Some factors that influence the price-earnings ratio of Bit Digital are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Bit Digital pay?
Over the past 12 months, Bit Digital paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Bit Digital is expected to pay a dividend of 0 USD.
What is the dividend yield of Bit Digital?
The current dividend yield of Bit Digital is .
When does Bit Digital pay dividends?
Bit Digital pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Bit Digital?
Bit Digital paid dividends every year for the past 0 years.
What is the dividend of Bit Digital?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Bit Digital located?
Bit Digital is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Bit Digital kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bit Digital from 12/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/17/2024.
When did Bit Digital pay the last dividend?
The last dividend was paid out on 12/17/2024.
What was the dividend of Bit Digital in the year 2023?
In the year 2023, Bit Digital distributed 0 USD as dividends.
In which currency does Bit Digital pay out the dividend?
The dividends of Bit Digital are distributed in USD.
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Andere Kennzahlen von Bit Digital
Our stock analysis for Bit Digital Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bit Digital Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.