Hut 8 price to book ratio HUT

Market value divided by the book value of the company's net assets, since 2023.

Today, Oct 23, 2026: 5.2×
3-year median: 3.2×
Against its 3-year history: 72nd; percentile: 0 is its lowest day, 100 its highest
3-year range: 1.1× to 56.7×
Peer median: 3.7×

Hut 8's price to book ratio is 5.2× as of Oct 23, 2026.

That is above its 3-year median of 3.2×, higher than on 72% of days in the last 3 years.

Over that time it ranged from 1.1× in May 2024 to 56.7× in Dec 2023.

The median for 10 credit services stocks of a similar size is 3.7×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	5.2×	3.7×	10.2×
2025	3.7×	1.2×	4.2×
2024	3.0×	1.1×	45.4×
2023	50.9×	50.9×	56.7×

Against its peers

Companies in Financial - Credit Services nearest Hut 8's size, closest first, today.

Company	Price to book ratio
HUTHut 8	5.2×
ZGZillow	1.8×
ETSYEtsy	n/m
WEXWEX	5.0×
HQYHealthequity	4.3×
EXLSExlService	7.4×
OMFOneMain	1.9×
CACCCredit Acceptance	3.6×
AMTMAmentum	1.1×
RELYRemitly Global	4.7×
FIGRFigure Technology Solutions	3.7×
Peer median	3.7×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Hut 8

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.