ABTS
Price:
$6.295
Market Cap:
$14.92M
Abits Group Inc., a digital company, engages in the provision of bitcoin mining and related services in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.
Industry
Financial - Capital Markets
IPO Date
2014-04-10
Stock Exchange
NASDAQ
Ticker
ABTS
According to Abits Group Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -12.11. This represents a change of -97.13% compared to the average of -422.14 of the last 4 quarters.
The mean historical PE Ratio of Abits Group Inc. over the last ten years is 13.80. The current -12.11 PE Ratio has changed -8877.11% with respect to the historical average. Over the past ten years (40 quarters), ABTS's PE Ratio was at its highest in in the December 2018 quarter at 5.34K. The PE Ratio was at its lowest in in the March 2024 quarter at -915.96.
Average
13.80
Median
-9.69
Minimum
-236.92
Maximum
359.08
Discovering the peaks and valleys of Abits Group Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 652.10%
Maximum Annual PE Ratio = 359.08
Minimum Annual Increase = -1935.64%
Minimum Annual PE Ratio = -236.92
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -26.30 | 652.10% |
| 2023 | -3.50 | 412.85% |
| 2022 | -0.68 | -96.55% |
| 2021 | -19.77 | -105.50% |
| 2020 | 359.08 | 208.18% |
| 2019 | 116.52 | -1935.64% |
| 2018 | -6.35 | -51.28% |
| 2017 | -13.03 | -58.08% |
| 2016 | -31.09 | -86.88% |
| 2015 | -236.92 | -2.15% |
The current PE Ratio of Abits Group Inc. (ABTS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-10.16
5-year avg
61.77
10-year avg
13.80
Abits Group Inc.’s PE Ratio is less than CNFinance Holdings Limited (-0.28), less than Garden Stage Limited Ordinary Shares (-0.53), less than LM Funding America, Inc. (-0.59), less than Magic Empire Global Limited (-10.59), less than Carver Bancorp, Inc. (-0.65), less than Cohen & Company Inc. (6.73), less than Netcapital Inc. (-0.09), less than Aurelion Inc. (-0.60), less than Berto Acquisition Corp. (60.83), less than Mawson Infrastructure Group, Inc. (-0.40),
| Company | PE Ratio | Market cap |
|---|---|---|
| -0.28 | $17.68M | |
| -0.53 | $31.92M | |
| -0.59 | $11.30M | |
| -10.59 | $10.25M | |
| -0.65 | $8.25M | |
| 6.73 | $34.43M | |
| -0.09 | $4.47M | |
| -0.60 | $15.79M | |
| 60.83 | $381.02M | |
| -0.40 | $4.67M |
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