What is CleanSpark's price / book?

CleanSpark (CLSK) reported price / book of 2.2× in Q1 2026.

How has CleanSpark's price / book changed year-over-year?

CleanSpark's price / book increased by 121.1% year-over-year, from 1× to 2.2×.

What is the long-term trend for CleanSpark's price / book?

Over 5 years (2020 to 2025), CleanSpark's price / book has grown at a -43.1% compound annual growth rate (CAGR), from 31.5× to 1.9×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

CleanSpark CLSK Price / book

Price / book at other companies

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34.3×+25.3×

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6.7×+1.0×

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2×+1.1×

Digital RealtyDLR

2.3×-0.4×

Marathon Digital HoldingsMARA

1.4×+0.3×

Cipher Digital, Inc. CIFR

7.3×+6.2×

Other financials

Income statement

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Revenue$191.6M+115%

Gross profit$105.8M+229%

Operating income-$345.7M-150%

Net income-$378.3M-173%

EPS (diluted)-$1.52-210%

Balance sheet

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Cash & equivalents$260.3M+168%

Total debt$709.0K-15.5%

Total equity$986.2M-47.8%

Total assets$2.9B+9.7%

Cash flow

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Operating cash flow-$135.8M-21.0%

CapEx$37.6M+10.3%

Free cash flow-$173.4M-18.5%

Valuation

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Market cap$4.42B+15.3%

P/S5.8×-1.0×

Profitability

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Gross margin55.2%-1.1pp

Operating margin41.6%+28.0pp

Net margin47.7%+33.0pp

FCF margin-84.5%+17.8pp

Returns & leverage

See full

Return on equity-34.7%-67.6pp

Debt / equity0×0.0×

Current ratio8.3×-0.4×

Where this comes from

Calculated from CleanSpark’s reported figures.

market cap/total stockholders equity=2.2×

Based on the most recent quarter.

The official record: CleanSpark’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CleanSpark's price / book?: CleanSpark (CLSK) reported price / book of 2.2× in Q1 2026.
How has CleanSpark's price / book changed year-over-year?: CleanSpark's price / book increased by 121.1% year-over-year, from 1× to 2.2×.
What is the long-term trend for CleanSpark's price / book?: Over 5 years (2020 to 2025), CleanSpark's price / book has grown at a -43.1% compound annual growth rate (CAGR), from 31.5× to 1.9×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.