IREN price to book ratio IREN
Market value divided by the book value of the company's net assets, since 2025.
- Today, Oct 23, 2026
- 2.3×
- Peer median
- 3.6×
IREN's price to book ratio is 2.3× as of Oct 23, 2026.
The median for 10 credit services stocks of a similar size is 3.6×.
Price to book ratio over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 2.3× | 2.3× | 8.5× |
| 2025 | 4.0× | 3.9× | 9.4× |
Against its peers
Companies in Financial - Credit Services nearest IREN's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| IRENIREN | 2.3× |
| HQYHealthequity | 4.3× |
| ETSYEtsy | n/m |
| ZGZillow | 1.8× |
| CARTMaplebear | 5.6× |
| CSGPCostar | 1.7× |
| WEXWEX | 5.0× |
| EXLSExlService | 7.4× |
| OMFOneMain | 1.9× |
| RBARB Global | 2.8× |
| CACCCredit Acceptance | 3.6× |
| Peer median | 3.6× |
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 IREN
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.