Core Scientific, Inc.
CORZ
Rank in Stocks
#3752
Core Scientific, Inc. is a North American enterprise primarily engaged in... Core Scientific, Inc. is a North American enterprise primarily engaged in operating facilities for digital asset mining and providing colocation services for distributed ledger technology. The company actively mines various digital currencies for its proprietary accounts, leveraging specialized computing hardware within its owned and operated data centers to process transactions on blockchain networks in exchange for digital asset rewards. Concurrently, it extends hosting and colocation capabilities to other significant participants in the digital asset mining sector. Beyond these core operations, Core Scientific provides a suite of blockchain infrastructure and software solutions. Its development efforts encompass blockchain-based platforms and applications aimed at areas such as infrastructure management, enhanced security, mining optimization, and robust recordkeeping. Its operational framework is structured into two principal divisions: Equipment Sales and Hosting. The corporate headquarters are situated in Austin, Texas. However, a significant development occurred on December 21, 2022, when Core Scientific, Inc. initiated voluntary reorganization proceedings under Chapter 11 of the U.S. Bankruptcy Code, filing with the U.S. Bankruptcy Court for the Southern District of Texas.
Share Price
$13.89
Last synced: 2026-10-19
Market Cap
$4.46B
Change (1 day)
3.00%
Change (1 year)
-26.18%
Country
US
Trade Core Scientific, Inc. (CORZ)
Category
Technology
P/E ratio for Core Scientific, Inc. (CORZ)
P/E ratio as of October 2026 TTM: -3.24
According to Core Scientific, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.24. At the end of 2023 the company had a P/E ratio of -5.30.
P/E ratio history for Core Scientific, Inc. from 2019 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | -3.24 | 18.67% |
| 2024 | -2.73 | -48.44% |
| 2023 | -5.30 | 870.95% |
| 2022 | -0.55 | -103.62% |
| 2021 | 15.07 | -223.99% |
| 2020 | -12.15 | -2.33% |
| 2019 | -12.44 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 29.65 | -1,015.16% |
US
|
|
| 159.50 | -5,023.14% |
US
|
|
| 20.15 | -721.82% |
US
|
|
| 815.30 | -25,265.27% |
US
|
|
| 7.08K | -218,696.90% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.