Last 46 quarters of trend data · Financial Services · Crypto & Digital Assets
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 13.60 | 8.17 | 21.59 | 15.25 | 23.89 | 18.53 | 11.64 | 13.34 | 10.70 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | -55.9% | +85.5% | +14.3% | +123.2% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 0.93 | 0.65 | 0.90 | 1.20 | 1.71 | 1.42 | 1.55 | 2.57 | 2.03 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | -54.1% | -41.9% | -53.3% | -15.7% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/B Ratio | 1.15 | 0.81 | 1.07 | 1.50 | 2.11 | 1.89 | 1.84 | 3.37 | 1.61 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | -57.0% | -41.7% | -55.4% | +31.5% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | 10.30 | 4.27 | 18.71 | 11.68 | — | — | 10.67 | — | 27.20 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | +75.4% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 13.05 | 7.49 | 21.73 | 18.68 | 19.11 | 119.92 | 10.36 | 23.15 | 15.36 | — | — | — | — | — | — | — | — | — | — | — | — |
| — | -93.8% | +109.7% | -19.3% | +24.4% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBIT | 13.05 | — | — | — | 18.84 | 14.40 | 18.65 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.2% | 63.1% | 59.4% | 60.9% | 61.4% | 59.9% | 61.2% | 60.3% | 60.8% | 60.4% | 60.2% | 61.1% | 61.5% | 59.9% | 61.0% | 60.4% | 58.2% | 60.4% | 58.8% | 59.9% | 58.8% |
| — | +5.4% | -3.0% | +1.0% | +0.9% | -0.8% | +1.8% | -1.3% | -1.1% | +0.9% | -1.4% | +1.1% | +5.5% | -0.9% | +3.9% | +0.9% | -0.9% | +5.5% | +3.3% | +5.5% | +10.4% | |
| Operating Margin | 7.8% | 9.8% | 4.8% | 9.5% | 6.8% | 9.5% | 7.7% | 11.5% | 11.4% | 4.7% | 12.8% | 12.1% | 16.3% | 15.2% | 18.1% | 17.6% | 18.4% | 15.8% | 15.7% | 15.1% | 14.1% |
| — | +2.7% | -38.2% | -17.8% | -40.4% | +100.5% | -39.9% | -4.6% | -30.4% | -68.8% | -29.3% | -31.0% | -11.3% | -3.7% | +15.6% | +15.9% | +31.0% | +42.6% | +20.1% | +85.9% | +393.1% | |
| Net Margin | 6.9% | 8.0% | 4.4% | 7.8% | 7.1% | 7.7% | 6.7% | 9.5% | 9.5% | 4.7% | 10.4% | 9.1% | 13.6% | 12.0% | 13.9% | 13.9% | 13.7% | 12.5% | 12.9% | 11.1% | 10.2% |
| — | +4.7% | -35.1% | -17.9% | -25.4% | +61.2% | -35.3% | +4.7% | -29.7% | -60.4% | -24.9% | -34.6% | -1.2% | -4.0% | +7.3% | +26.0% | +34.7% | +41.8% | +36.9% | +78.5% | +177.3% |
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.4% | 2.5% | 1.2% | 2.5% | 2.2% | 2.6% | 2.0% | 2.4% | 2.3% | 1.3% | 3.7% | 3.2% | 5.5% | 5.0% | 6.6% | 7.3% | 8.0% | 6.6% | 7.6% | 5.8% | 5.1% |
| — | -2.5% | -37.8% | +3.2% | -6.5% | +101.2% | -46.1% | -25.4% | -57.5% | -74.7% | -43.6% | -55.9% | -31.0% | -23.8% | -12.7% | +25.5% | +55.3% | +48.7% | +52.5% | +104.5% | +241.8% | |
| ROA | 5.5% | 1.6% | 0.8% | 1.6% | 1.4% | 1.7% | 1.3% | 1.7% | 1.7% | 0.8% | 2.4% | 2.0% | 3.4% | 3.1% | 3.9% | 4.1% | 4.4% | 3.5% | 3.9% | 3.0% | 2.6% |
| — | -2.0% | -36.8% | -5.8% | -15.2% | +101.2% | -45.2% | -14.7% | -51.1% | -73.1% | -39.3% | -51.5% | -22.2% | -12.7% | -0.2% | +40.0% | +65.8% | +49.3% | +46.6% | +97.1% | +245.5% | |
| ROIC | 5.6% | 1.8% | 0.8% | 1.8% | 1.2% | 1.9% | 1.4% | 1.8% | 1.7% | 0.8% | 2.8% | 2.6% | 4.0% | 3.9% | 5.3% | 5.6% | 6.5% | 5.0% | 5.5% | 4.7% | 4.2% |
| — | -4.3% | -40.5% | -1.5% | -28.7% | +147.1% | -51.4% | -30.6% | -57.0% | -80.3% | -47.2% | -53.8% | -38.0% | -22.3% | -2.6% | +20.5% | +57.0% | +53.3% | +36.6% | +130.7% | +750.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.26 | 0.26 | 0.25 | 0.25 | 0.26 | 0.26 | 0.26 | 0.26 | 0.16 | 0.27 | 0.21 | 0.23 | 0.22 | 0.24 | 0.22 | 0.21 | 0.22 | 0.24 | 0.25 | 0.26 | 0.28 |
| — | -0.4% | -0.7% | -2.7% | +62.5% | -3.5% | +19.5% | +14.5% | -26.9% | +12.2% | -0.3% | +6.1% | +0.3% | -1.1% | -15.0% | -18.4% | -21.3% | -13.5% | -8.2% | -10.0% | -39.5% | |
| Debt / EBITDA | 2.67 | 8.39 | 18.62 | 11.67 | 9.08 | 61.83 | 5.42 | 6.87 | 5.89 | 12.74 | 3.98 | 4.43 | 3.02 | 3.32 | 2.31 | 2.15 | 1.95 | 2.62 | 2.53 | 2.84 | 3.39 |
| — | -86.4% | +243.6% | +69.8% | +54.0% | +385.5% | +36.3% | +55.3% | +94.9% | +283.2% | +72.2% | +105.9% | +55.3% | +26.7% | -8.9% | -24.3% | -42.6% | -36.8% | -27.6% | -51.8% | — | |
| Current Ratio | 2.06 | 2.06 | 1.94 | 2.30 | 1.90 | 2.03 | 2.29 | 2.11 | 1.99 | 2.16 | 2.31 | 2.14 | 2.20 | 2.02 | 1.93 | 1.69 | 1.61 | 1.48 | 1.42 | 1.29 | 1.32 |
| — | +1.5% | -15.4% | +9.0% | -4.6% | -6.3% | -1.0% | -1.5% | -9.6% | +7.2% | +20.1% | +26.7% | +37.1% | +36.5% | +35.7% | +30.6% | +21.9% | +14.8% | +8.2% | +4.5% | -20.3% | |
| Quick Ratio | 2.06 | 2.06 | 1.94 | 2.30 | 1.90 | 2.03 | 2.29 | 2.11 | 1.99 | 2.16 | 2.31 | 2.14 | 2.20 | 2.02 | 1.93 | 1.69 | 1.61 | 1.48 | 1.42 | 1.29 | 1.32 |
| — | +1.5% | -15.4% | +9.0% | -4.6% | -6.3% | -1.0% | -1.5% | -9.6% | +7.2% | +20.1% | +26.7% | +37.1% | +36.5% | +35.7% | +30.6% | +21.9% | +14.8% | +8.2% | +4.5% | -20.3% | |
| Interest Coverage | — | — | 54.40 | — | — | — | 209.93 | — | — | — | — | — | — | — | — | — | — | — | — | — | 500.98 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying ETH stock.
Grayscale Ethereum Mini Trust ETF's current P/E is 13.6x. The average P/E over the last 4 quarters is 17.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Grayscale Ethereum Mini Trust ETF's current operating margin is 7.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Grayscale Ethereum Mini Trust ETF's business trajectory between earnings reports.