Bitcoin Forum

Other => Beginners & Help => Topic started by: OneBTCJay on May 20, 2013, 08:08:38 PM



Title: ASICMINER price/earnings (P/E) ratio
Post by: OneBTCJay on May 20, 2013, 08:08:38 PM
ASICMINER shares have a P/E ratio of 3.416, this seems very low.

If the P/E ratio of ASICMINER matches that of a public gold mining corporation then the share prices will also rise.

Average PE for mining companies seem to be 10-20 or more.

P/E ratio|BTC per share
53.125
106.25
159.375
2012.5

This assumes 20% of Bitcoin network hash power, with earnings per year of: 250000 BTC and current share price of 2.135 BTC.

Here's the math I used to calculated the current P/E ratio:
PE = (Total_shares * Current_price) / (Bitcoins_mined)
PE = (400000 * 2.135) / 250000
PE = 3.416


Title: Re: ASICMINER price/earnings (P/E) ratio
Post by: kodo on May 20, 2013, 08:27:32 PM
Ahah


Title: Re: ASICMINER price/earnings (P/E) ratio
Post by: tuheeden on May 20, 2013, 08:36:49 PM
Ahh - I cant wait to get my 5GHs Butterfly labs device....

But by then I will need 25GHs to just keep up


Title: Re: ASICMINER price/earnings (P/E) ratio
Post by: cp1 on May 20, 2013, 08:43:49 PM
Don't you mean to look at something more like the dividend ratio?