What is the P/B ratio for TeraWulf Inc. (WULF)?

The P/B ratio for WULF stock is 54.81.

What is the estimated TTM average P/B ratio for TeraWulf Inc. (WULF)?

The estimated TTM average P/B ratio for WULF stock is 35.01.

What is the estimated 3Y average P/B ratio for TeraWulf Inc. (WULF)?

The estimated 3Y average P/B ratio for WULF stock is 10.29.

What is the estimated 5Y average P/B ratio for TeraWulf Inc. (WULF)?

The estimated 5Y average P/B ratio for WULF stock is 7.87.

What is the estimated 10Y average P/B ratio for TeraWulf Inc. (WULF)?

The estimated 10Y average P/B ratio for WULF stock is 1.91.

What is the estimated 15Y average P/B ratio for TeraWulf Inc. (WULF)?

The estimated 15Y average P/B ratio for WULF stock is 1.86.

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TeraWulf Inc.(WULF)

Financial - Capital Markets · Easton, MD

$16.29-0.06 (-0.37%)

Delayed quote: Sep 24, 2026, 4:00 PM EDT

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TeraWulf (WULF) Price/Book Ratio: History & Chart | TGMCharts

PB Ratio: 54.81

Name: TeraWulf Inc. (WULF) PB Ratio — historical time series
Creator: TGMCharts

Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 54.81 is 596% above its estimated 5-year average of 7.87, near the low end of its estimated 5-year range (0.48–371.20).

As of 2026-09-25T00:16:10.497Z. 56.56% above its estimated 12-month average of 35.01.

Stored calculation inputs

Calculation as of: 2026-09-25T00:16:10.497Z.

Quote observation: 2026-09-24T20:00:01.000Z. Amounts in USD. The price header may show a later quote.

Quote market capitalization: 8,072,226,787
Stockholders equity · period ending 2026-06-30: 147,284,000

FMP input reference: 066cdc9710f299adfb3175ec58a7e981f152507b63e9494ad059bbbad4e52c80

P/E Ratio|ROE|Debt to Equity|All Metrics

PB Ratio

WULF PB Ratio Chart

54.81

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.

WULF PB Ratio

WULF Average PB Ratio Chart

WULF PB Ratio

WULF Current vs Average PB Ratio Chart

WULF PB Ratio Metrics

PB RATIO

54.81

PB RATIO AVG TTM

35.01

PB RATIO AVG 3Y

10.29

PB RATIO AVG 5Y

7.87

PB RATIO AVG 10Y

1.91

PB RATIO AVG 15Y

1.86

PB RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+56.56%

CURRENT VS 3Y AVG

+432.77%

CURRENT VS 5Y AVG

+596.40%

CURRENT VS 10Y AVG

+2776.65%

CURRENT VS 15Y AVG

+2842.05%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · FINANCIAL SERVICES

2.01

median of 101 covered companies

CURRENT VS SECTOR MEDIAN

+2626.87%

vs the sector median at left

WULF Competitors' PB Ratio

WULF

TeraWulf Inc.

Current

Market Cap

$8.07B

PB Ratio

54.81

TTM Avg

35.01

3Y Avg

10.29

5Y Avg

7.87

KNSL

Kinsale Capital Group, Inc.

vs WULF

Market Cap

$7.76B

PB Ratio

3.81

TTM Avg

4.53

3Y Avg

7.04

5Y Avg

7.75

FDS

FactSet Research Systems Inc.

vs WULF

Market Cap

$9.65B

PB Ratio

4.75

TTM Avg

4.54

3Y Avg

7.64

5Y Avg

9.66

PDI

PIMCO Dynamic Income Fund

vs WULF

Market Cap

$6.40B

PB Ratio

0.85

TTM Avg

0.98

3Y Avg

1.03

5Y Avg

0.94

ERIE

Erie Indemnity Company

vs WULF

Market Cap

$10.11B

PB Ratio

4.10

TTM Avg

6.03

3Y Avg

9.49

5Y Avg

9.14

MKTX

MarketAxess Holdings Inc.

vs WULF

Market Cap

$5.76B

PB Ratio

4.65

TTM Avg

4.60

3Y Avg

5.90

5Y Avg

8.01

RLI

RLI Corp.

vs WULF

Market Cap

$5.15B

PB Ratio

2.94

TTM Avg

3.07

3Y Avg

3.98

5Y Avg

4.16

MAIN

Main Street Capital Corporation

vs WULF

Market Cap

$5.09B

PB Ratio

1.61

TTM Avg

1.72

3Y Avg

1.71

5Y Avg

1.65

Axos Financial, Inc.

vs WULF

Market Cap

$5.04B

PB Ratio

1.59

TTM Avg

1.79

3Y Avg

1.65

5Y Avg

1.65

HUT

Hut 8 Corp.

vs WULF

Market Cap

$11.43B

PB Ratio

7.93

TTM Avg

5.66

3Y Avg

3.61

5Y Avg

2.80

NAME	MARKET CAP	PB RATIO	TTM	3Y	5Y
TeraWulf Inc. (WULF)	$8.07B	54.81	35.01	10.29	7.87
Kinsale Capital Group, Inc. (KNSL)vs ›	$7.76B	3.81	4.53	7.04	7.75
FactSet Research Systems Inc. (FDS)vs ›	$9.65B	4.75	4.54	7.64	9.66
PIMCO Dynamic Income Fund (PDI)vs ›	$6.40B	0.85	0.98	1.03	0.94
Erie Indemnity Company (ERIE)vs ›	$10.11B	4.10	6.03	9.49	9.14
MarketAxess Holdings Inc. (MKTX)vs ›	$5.76B	4.65	4.60	5.90	8.01
RLI Corp. (RLI)vs ›	$5.15B	2.94	3.07	3.98	4.16
Main Street Capital Corporation (MAIN)vs ›	$5.09B	1.61	1.72	1.71	1.65
Axos Financial, Inc. (AX)vs ›	$5.04B	1.59	1.79	1.65	1.65
Hut 8 Corp. (HUT)vs ›	$11.43B	7.93	5.66	3.61	2.80

P/B vs. estimated history

At 54.81, P/B is above its estimated 16-year median — higher than 95% of readings in its estimated 16-year history.

estimated 16-year low

0.48

median

1.68

estimated 16-year high

371.20

estimated 16-year lowestimated 16-year high

Book Value Analysis

P/B Ratio

54.81

Market Price / Book Value per Share

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for TeraWulf Inc. (WULF)?: The P/B ratio for WULF stock is 54.81.
Is TeraWulf Inc.'s P/B ratio high or low?: The P/B ratio of 54.81 is 596% above its estimated 5-year average of 7.87, near the low end of its estimated 5-year range (0.48–371.20).
What is the estimated TTM average P/B ratio for TeraWulf Inc. (WULF)?: The estimated TTM average P/B ratio for WULF stock is 35.01.
What is the estimated 3Y average P/B ratio for TeraWulf Inc. (WULF)?: The estimated 3Y average P/B ratio for WULF stock is 10.29.
What is the estimated 5Y average P/B ratio for TeraWulf Inc. (WULF)?: The estimated 5Y average P/B ratio for WULF stock is 7.87.
What is the estimated 10Y average P/B ratio for TeraWulf Inc. (WULF)?: The estimated 10Y average P/B ratio for WULF stock is 1.91.
What is the estimated 15Y average P/B ratio for TeraWulf Inc. (WULF)?: The estimated 15Y average P/B ratio for WULF stock is 1.86.

WULF PB Ratio History

DATE	PB RATIO
2026-09-09	56.49
2026-09-08	58.90
2026-09-04	54.45
2026-09-03	53.53
2026-09-02	48.88
2026-09-01	48.31
2026-08-31	49.90
2026-08-28	50.62
2026-08-27	54.38
2026-08-26	52.67
2026-08-25	53.82
2026-08-24	51.05
2026-08-21	51.58
2026-08-20	54.25
2026-08-19	51.12
2026-08-18	51.51
2026-08-17	58.04
2026-08-14	57.32
2026-08-13	53.79
2026-08-12	56.69
2026-08-11	55.24
2026-08-10	53.43
2026-08-07	56.33
2026-08-06	58.08
2026-05-08	66.22
2026-05-07	68.00
2026-05-06	72.87
2026-05-05	66.50
2026-05-04	63.10
2026-05-01	60.33
2026-04-30	61.52
2026-04-29	56.68
2026-04-28	58.89
2026-04-27	60.67
2026-04-24	56.65
2026-04-23	57.67
2026-04-22	58.18
2026-04-21	55.97
2026-04-20	58.04
2026-04-17	58.43
2026-04-16	54.67
2026-04-15	55.69
2026-04-14	59.31
2026-04-13	55.06
2026-04-10	53.42
2026-04-09	53.88
2026-04-08	51.10
2026-04-07	46.91
2026-04-06	44.02
2026-04-02	42.13
2026-04-01	40.99
2026-03-31	40.85
2026-03-30	38.79
2026-03-27	42.15
2026-03-26	43.46
2026-03-25	47.73
2026-03-24	45.92
2026-03-23	45.83
2026-03-20	42.75
2026-03-19	44.56
2026-03-18	43.32
2026-03-17	45.41
2026-03-16	46.46
2026-03-13	41.53
2026-03-12	41.53
2026-03-11	43.09
2026-03-10	40.63
2026-03-09	39.21
2026-03-06	38.93
2026-03-05	43.12
2026-03-04	43.51
2026-03-03	41.73
2026-03-02	45.35
2026-02-27	26.33
2026-02-26	29.03
2026-02-25	29.09
2026-02-24	28.51
2026-02-23	25.46
2026-02-20	24.37
2026-02-19	25.12
2026-02-18	24.97
2026-02-17	26.27
2026-02-13	26.40
2026-02-12	25.83
2026-02-11	26.02
2026-02-10	27.00
2026-02-09	27.03
2026-02-06	23.20
2026-02-05	19.35
2026-02-04	22.53
2026-02-03	24.03
2026-02-02	21.82
2026-01-30	21.71
2026-01-29	23.61
2026-01-28	24.53
2026-01-27	24.86
2026-01-26	22.39
2026-01-23	22.92
2026-01-22	20.93
2026-01-21	21.30
2026-01-20	21.64
2026-01-16	22.49
2026-01-15	22.45
2026-01-14	23.07
2026-01-13	22.96
2026-01-12	22.42
2026-01-09	21.27
2026-01-08	20.85
2026-01-07	20.28
2026-01-06	21.40
2026-01-05	22.11
2026-01-02	20.68
2025-12-31	18.65
2025-12-30	18.10
2025-12-29	18.54
2025-12-26	19.08
2025-12-24	19.99
2025-12-23	20.16
2025-12-22	20.25
2025-12-19	20.33
2025-12-18	19.14
2025-12-17	18.78
2025-12-16	21.09
2025-12-15	20.28
2025-12-12	23.26
2025-12-11	25.70
2025-12-10	25.59
2025-12-09	25.31
2025-12-08	24.29
2025-12-05	23.54
2025-12-04	24.51
2025-12-03	23.43
2025-12-02	23.09
2025-12-01	24.84
2025-11-28	25.18
2025-11-26	24.09
2025-11-25	22.63
2025-11-24	20.50
2025-11-21	18.33
2025-11-20	18.77
2025-11-19	19.86
2025-11-18	19.48
2025-11-17	17.94
2025-11-14	17.84
2025-11-13	18.96
2025-11-12	20.52
2025-11-11	20.08
2025-11-10	31.74
2025-11-07	30.94
2025-11-06	31.69
2025-11-05	34.09
2025-11-04	33.31
2025-11-03	35.73
2025-10-31	34.40
2025-10-30	32.89
2025-10-29	32.18
2025-10-28	35.38
2025-10-27	30.27
2025-10-24	30.43
2025-10-23	28.58
2025-10-22	28.01
2025-10-21	29.16
2025-10-20	30.74
2025-10-17	30.91
2025-10-16	30.76
2025-10-15	34.33
2025-10-14	34.31
2025-10-13	31.07
2025-10-10	29.98
2025-10-09	30.16
2025-10-08	27.30
2025-10-07	26.85
2025-10-06	26.57
2025-10-03	26.45
2025-10-02	25.70
2025-10-01	25.46
2025-09-30	25.34
2025-09-29	25.74
2025-09-26	24.04
2025-09-25	24.35
2025-09-24	25.30
2025-09-23	24.94
2025-09-22	25.50
2025-09-19	24.37
2025-09-18	24.79
2025-09-17	25.19
2025-09-16	24.28
2025-09-15	23.28
2025-09-12	23.88
2025-09-11	23.61
2025-09-10	23.41
2025-09-09	22.86
2025-09-08	20.42
2025-09-05	20.26
2025-09-04	19.69
2025-09-03	19.93
2025-09-02	21.37
2025-08-29	20.97
2025-08-28	20.95
2025-08-27	20.26
2025-08-26	20.51
2025-08-25	19.82
2025-08-22	20.33
2025-08-21	20.40
2025-08-20	20.60
2025-08-19	19.49
2025-08-18	20.82
2025-08-15	19.91
2025-08-14	19.33
2025-08-13	12.12
2025-08-12	11.63
2025-08-11	11.98
2025-08-08	11.31
2025-08-07	11.11
2025-08-06	11.58
2025-08-05	11.38
2025-08-04	11.00
2025-08-01	10.70
2025-07-31	11.60
2025-07-30	11.27
2025-07-29	11.74
2025-07-28	11.47
2025-07-25	11.63
2025-07-24	11.96
2025-07-23	11.69
2025-07-22	11.83
2025-07-21	11.22
2025-07-18	11.54
2025-07-17	12.05
2025-07-16	11.81
2025-07-15	10.95
2025-07-14	11.49
2025-07-11	11.00
2025-07-10	11.54
2025-07-09	11.09
2025-07-08	10.84
2025-07-07	10.79
2025-07-03	11.83
2025-07-02	11.33
2025-07-01	9.98
2025-06-30	9.85
2025-06-27	9.49
2025-06-26	9.87
2025-06-25	8.55
2025-06-24	8.64
2025-06-23	8.03
2025-06-20	8.41
2025-06-18	8.64
2025-06-17	8.88
2025-06-16	9.74
2025-06-13	9.04
2025-06-12	9.58
2025-06-11	9.92
2025-06-10	10.16
2025-06-09	10.19
2025-06-06	9.78
2025-06-05	8.61
2025-06-04	9.54
2025-06-03	8.50
2025-06-02	8.12

Showing the most recent 260 of 3,791 data points. The chart above shows the full history.

PB Ratio: 54.81

WULF PB Ratio Chart

WULF Average PB Ratio Chart

WULF Current vs Average PB Ratio Chart

WULF PB Ratio Metrics

WULF Competitors' PB Ratio

P/B vs. estimated history

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio FAQ

WULF PB Ratio History

Related Metrics