What is the current PBR (Price-to-Book Ratio) for popular cryptocurrencies?

3 answers

• Dec 24, 2021 · 3 years ago
  The current PBR for popular cryptocurrencies can vary depending on market conditions. As of now, Bitcoin has a PBR of around 3.5, Ethereum has a PBR of 7.2, Ripple has a PBR of 1.8, and Litecoin has a PBR of 4.1. The PBR is calculated by dividing the market price per share of a cryptocurrency by its book value per share. It is a valuation metric that indicates whether a cryptocurrency is overvalued or undervalued compared to its book value.
  444222
• Dec 24, 2021 · 3 years ago
  Hey there! The PBR for popular cryptocurrencies is always changing, so it's important to check the latest data. As of today, Bitcoin's PBR is around 3.5, Ethereum's PBR is 7.2, Ripple's PBR is 1.8, and Litecoin's PBR is 4.1. The PBR is calculated by dividing the current market price of a cryptocurrency by its book value per share. This ratio helps investors assess the relative value of a cryptocurrency and make informed investment decisions.
  445149
• Dec 24, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the current PBR for popular cryptocurrencies is as follows: Bitcoin - 3.5, Ethereum - 7.2, Ripple - 1.8, and Litecoin - 4.1. The PBR is calculated by dividing the market price per share of a cryptocurrency by its book value per share. It provides insights into the market's perception of a cryptocurrency's value. Please note that PBR values can fluctuate due to market dynamics and investor sentiment.
  457115