BIT Ev To Sales from 2010 to 2024

BTCM Stock  USD 2.77  0.02  0.72%   
BIT Mining EV To Sales yearly trend continues to be very stable with very little volatility. EV To Sales is likely to drop to 1.25. EV To Sales is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. View All Fundamentals
 
EV To Sales  
First Reported
2010-12-31
Previous Quarter
1.31167814
Current Value
1.25
Quarterly Volatility
705.43280856
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BIT Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BIT Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.8 M, Interest Expense of 0.0 or Selling General Administrative of 32.2 M, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0029 or PTB Ratio of 2.32. BIT financial statements analysis is a perfect complement when working with BIT Mining Valuation or Volatility modules.
  
Check out the analysis of BIT Mining Correlation against competitors.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.

Latest BIT Mining's Ev To Sales Growth Pattern

Below is the plot of the Ev To Sales of BIT Mining over the last few years. It is the Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue. BIT Mining's EV To Sales historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BIT Mining's overall financial position and show how it may be relating to other accounts over time.
Ev To Sales10 Years Trend
Very volatile
   Ev To Sales   
       Timeline  

BIT Ev To Sales Regression Statistics

Arithmetic Mean331.58
Geometric Mean34.93
Coefficient Of Variation212.75
Mean Deviation395.30
Median108.92
Standard Deviation705.43
Sample Variance497,635
Range2.8K
R-Value(0.05)
Mean Square Error534,380
R-Squared0
Significance0.85
Slope(8.44)
Total Sum of Squares7M

BIT Ev To Sales History

2024 1.25
2023 1.31
2022 0.0193
2021 0.28
2020 742.56
2019 444.48
2018 115.88

About BIT Mining Financial Statements

BIT Mining investors utilize fundamental indicators, such as Ev To Sales, to predict how BIT Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
EV To Sales 1.31  1.25 

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When determining whether BIT Mining is a strong investment it is important to analyze BIT Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BIT Mining's future performance. For an informed investment choice regarding BIT Stock, refer to the following important reports:
Check out the analysis of BIT Mining Correlation against competitors.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BIT Mining. If investors know BIT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BIT Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.00)
Revenue Per Share
3.712
Quarterly Revenue Growth
(0.87)
Return On Assets
(0.19)
Return On Equity
(0.43)
The market value of BIT Mining is measured differently than its book value, which is the value of BIT that is recorded on the company's balance sheet. Investors also form their own opinion of BIT Mining's value that differs from its market value or its book value, called intrinsic value, which is BIT Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BIT Mining's market value can be influenced by many factors that don't directly affect BIT Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BIT Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIT Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIT Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.