B

BGIN Blockchain Ltd
NASDAQ:BGIN

Watchlist Manager
BGIN Blockchain Ltd
NASDAQ:BGIN
Watchlist
Price: 3.55 USD 11.29% Market Closed
Market Cap: $401.6m

P/B

2.7
Current
27%
More Expensive
vs 3-y average of 2.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
$316.8m
/
Total Equity
$146.2m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.7
=
Market Cap
$316.8m
/
Total Equity
$146.2m

Valuation Scenarios

BGIN Blockchain Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.2), the stock would be worth $2.8 (21% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-56%
Maximum Upside
+7%
Average Downside
23%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.7 $3.55
0%
3-Year Average 2.2 $2.8
-21%
5-Year Average 2.2 $2.8
-21%
Industry Average 2.9 $3.78
+7%
Country Average 1.2 $1.57
-56%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 80% of companies in Singapore
Percentile
80th
Based on 580 companies
80th percentile
2.7
Low
0 — 0.8
Typical Range
0.8 — 1.9
High
1.9 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.2
70th Percentile 1.9
Max 474.4

BGIN Blockchain Ltd
Glance View

Market Cap
401.6m USD
Industry
Technology

BGIN Blockchain Ltd. engages in the cryptocurrency mining business. The company employs 36 full-time employees The company went IPO on 2025-10-21. The firm is principally engaged in a cryptocurrency mining business through its operating subsidiary located in Hong Kong. Its segments include Cryptocurrency mining and Sale of mining machines. Its subsidiaries design and sell mining machines equipped with its proprietary 8nm or 12nm ASIC chips under different series dedicated to the mining of KAS coins, ALPH coins, and RXD coins. These machines are available for purchase only through its Website, iceriver.io. ICERIVER is a mining machine manufacturer which is engaged in developing efficient mining machines for all types of miners, from beginners to industrial scale. The company offers miners comprehensive hosting services to maximize mining performance. The firm takes care of complex tasks, such as machine management, electricity billing, and ongoing maintenance, allowing you to focus on optimizing mining activities.

BGIN Intrinsic Value
2.72 USD
Overvaluation 24%
Intrinsic Value
Price $3.55
B
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett