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TONX logoTON Strategy Co. (TONX) P/E Ratio History

Historical price-to-earnings valuation from 2016 to 2017

Current P/E
-209.2
Undervalued
5Y Avg P/E
17.3
-1310% vs avg
PE Percentile
0%
Low
PEG Ratio
N/A
N/A
TTM EPS$2.04
Price$3.64
5Y PE Range3.4 - 52.8
Earnings YieldN/A

Loading P/E history...

TONX Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
-209.2vs17.3
-1310%
Cheap vs History
vs. Financial Services
-209.2vs13.2
-1682%
Below Sector
vs. S&P 500
-209.2vs24.9
-939%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on 100% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, TON Strategy Co. (TONX) trades at a price-to-earnings ratio of -209.2x, with a stock price of $3.64 and trailing twelve-month earnings per share of $2.04.

The current P/E is 1310% below its 5-year average of 17.3x. Over the past five years, TONX's P/E has ranged from a low of 3.4x to a high of 52.8x, placing the current valuation at the 0th percentile of its historical range.

Compared to the Financial Services sector median P/E of 13.2x, TONX trades at a 1682% discount to its sector peers. The sector includes 775 companies with P/E ratios ranging from 0.0x to 197.4x.

Relative to the broader market, TONX trades at a notable discount to the S&P 500 median P/E of 24.9x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TONX DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

TONX P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
SMLR logoSMLRSemler Scientific, Inc.
$311M4.0Lowest0.18Best+95%
BTBT logoBTBTBit Digital, Inc.
$580M9.0-+225%
CLSK logoCLSKCleanSpark, Inc.
$4B12.7-+262%Best
IREN logoIRENIREN Limited
$20B156.9-+234%
COIN logoCOINCoinbase Global, Inc.
$53B45.20.90-53%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

TONX Historical P/E Data (2016–2017)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2017 Q1Fri Mar 31 2017 00:00:00 GM$12600.00$238.6352.8x+206%
FY2016 Q3Fri Sep 30 2016 00:00:00 GM$17400.00$5141.963.4x-80%
FY2016 Q2$12720.00$1725.267.4x-57%
FY2016 Q1$9600.00$1722.735.6x-68%

Average P/E for displayed period: 17.3x

See TONX's True Return

Price is only half the story. See total return with reinvested dividends.

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Is TONX Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare TONX vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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TONX — Frequently Asked Questions

Quick answers to the most common questions about buying TONX stock.

Is TONX stock overvalued or undervalued?

TONX trades at -209.2x P/E, below its 5-year average of 17.3x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.

How does TONX's valuation compare to peers?

TON Strategy Co. P/E of -209.2x compares to sector median of 13.2x. The discount suggests lower growth expectations or higher risk.

What is TONX's PEG ratio?

TONX PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2016-2017.

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TONX P/E Ratio History (2016–2017)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.