Abits Group Inc.
Abits Group Inc., through its subsidiary, operates in the bitcoin mining business in the United States. It also provides in-house support services. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong.
Market Cap & Net Worth: Abits Group Inc. (ABTS)
Abits Group Inc. (NASDAQ:ABTS) has a market capitalization of $8.57 Million ($8.57 Million) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #31569 globally and #10389 in its home market, demonstrating a -3.90% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Abits Group Inc.'s stock price $2.71 by its total outstanding shares 3162447 (3.16 Million).
Abits Group Inc. Market Cap History: 2015 to 2026
Abits Group Inc.'s market capitalization history from 2015 to 2026. Data shows change from $158.12 Million to $8.57 Million (-24.55% CAGR).
Index Memberships
Abits Group Inc. is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #2572 of 3165 |
Weight: Abits Group Inc.'s market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Abits Group Inc. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Abits Group Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.32x
Abits Group Inc.'s market cap is 0.32 times its annual revenue
0.40x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $158.12 Million | $83.87K | -$4.94 Million | 1885.33x | N/A |
| 2016 | $50.28 Million | $21.48K | -$13.81 Million | 2341.03x | N/A |
| 2017 | $60.88 Million | $92.20K | -$13.69 Million | 660.24x | N/A |
| 2018 | $5.39 Million | $339.95K | -$8.60 Million | 15.86x | N/A |
| 2019 | $6.67 Million | $370.41K | $300.45K | 18.01x | 22.21x |
| 2020 | $4.36 Million | $946.47K | $72.72K | 4.61x | 60.02x |
| 2021 | $9.04 Million | $219.33K | -$2.74 Million | 41.24x | N/A |
| 2022 | $1.43 Million | $164.43K | -$22.65 Million | 8.67x | N/A |
| 2023 | $3.61 Million | $1.68 Million | -$12.61 Million | 2.14x | N/A |
| 2024 | $2.18 Million | $6.71 Million | -$931.71K | 0.32x | N/A |
Competitor Companies of ABTS by Market Capitalization
Companies near Abits Group Inc. in the global market cap rankings as of March 18, 2026.
Key companies related to Abits Group Inc. by market ranking:
- Goldman Sachs Group Inc (NYSE:GS): Ranked #61 globally with a market cap of $236.20 Billion USD.
- Morgan Stanley (NYSE:MS): Ranked #82 globally with a market cap of $189.65 Billion USD.
- Charles Schwab Corp (NYSE:SCHW): Ranked #109 globally with a market cap of $157.13 Billion USD.
- The Charles Schwab Corporation (MX:SCHW): Ranked #137 globally with a market cap of $136.01 Billion USD ( MX$2.80 Trillion MXN).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #61 | Goldman Sachs Group Inc | NYSE:GS | $236.20 Billion | $807.04 |
| #82 | Morgan Stanley | NYSE:MS | $189.65 Billion | $157.83 |
| #109 | Charles Schwab Corp | NYSE:SCHW | $157.13 Billion | $93.93 |
| #137 | The Charles Schwab Corporation | MX:SCHW | $136.01 Billion | MX$1675.00 |
Abits Group Inc. Historical Marketcap From 2015 to 2026
Between 2015 and today, Abits Group Inc.'s market cap moved from $158.12 Million to $ 8.57 Million, with a yearly change of -24.55%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $8.57 Million | -47.38% |
| 2025 | $16.29 Million | +647.57% |
| 2024 | $2.18 Million | -39.57% |
| 2023 | $3.61 Million | +152.77% |
| 2022 | $1.43 Million | -84.23% |
| 2021 | $9.04 Million | +107.25% |
| 2020 | $4.36 Million | -34.60% |
| 2019 | $6.67 Million | +23.75% |
| 2018 | $5.39 Million | -91.14% |
| 2017 | $60.88 Million | +21.07% |
| 2016 | $50.28 Million | -68.20% |
| 2015 | $158.12 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Abits Group Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $8.57 Million USD |
| MoneyControl | $8.57 Million USD |
| MarketWatch | $8.57 Million USD |
| marketcap.company | $8.57 Million USD |
| Reuters | $8.57 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.