CIFR

Cipher Mining Inc.

There isn't enough reported data to score CIFR yet.

PCB

PCB Bancorp

61
Fundamentals70/ 100
Valuation44/ 100
Upside potential61/ 100
Risk potential13/ 100

PCB's fundamentals are strong: its operating margin rose 5 points to 49% and earnings per share grew 24%. At 10x earnings, it's trading in line with its usual 9.2x. Analysts expect earnings growth.

CIFR Fundamentals

MetricStatus
Weak
Weak
N/A
N/A

CIFR's revenue and profitability are currently weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like CIFR.

PCB Fundamentals

MetricStatus
Stable
Strong
N/A
N/A

PCB's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like PCB.

CIFR PE Valuation

CIFR has no meaningful PE right now: it lost money over the past year.

PCB PE Valuation

CHEAPFAIREXPENSIVE4.0x8.1x12x16x
CHEAPFAIREXPENSIVE4.0x8.1x12x16x
LevelPEPriceVs current
Cheap7.1x$20.98-30%
Fair9.2x$27.19-9.1%
Forward9.5x$29.90—
Current10x$29.90—
Expensive11x$33.19+11%

Historical ranges are pointers, not guarantees.

PCB's PE is in its expensive range at 10x. If earnings grow as analysts expect, today's price would be 9.5x next year's earnings, in its fair range.

CIFR Forward outlook

MetricOutlook
--
Losses shrinking
Strong growth
Strongly improving
Limited
Low

Analysts expect CIFR's losses to shrink, with revenue growing. However, they disagree widely on these estimates.

PCB Forward outlook

MetricOutlook
Improving
Growth
Growth
Strongly improving
Limited
High

Analysts expect earnings and revenue growth for PCB, with profitability improving.

CIFR Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $7.15 on Nov 12.

There is not enough scenario data to compare CIFR and PCB's risk to reward.

PCB Risk to reward

ScenarioChangePrice
Upside+20%$35.95
Downside-13%$26.11

Calculated from the latest close: $29.90 on Nov 12.

There is not enough scenario data to compare CIFR and PCB's risk to reward.

CIFR Earnings Per Share

Q4 2023: $-0.10Q1 2024: $0.06Q2 2024: $0.06Q3 2024: $-0.13Q4 2024: $-0.14Q1 2025: $-0.38Q2 2025: $-0.45Q3 2025: $-0.20Q4 2025: $-2.15Q1 2026: $-2.32Q2 2026: $-2.85Q3 2026: $-3.06
Q4 2023: $-0.10Q1 2024: $0.06Q2 2024: $0.06Q3 2024: $-0.13Q4 2024: $-0.14Q1 2025: $-0.38Q2 2025: $-0.45Q3 2025: $-0.20Q4 2025: $-2.15Q1 2026: $-2.32Q2 2026: $-2.85Q3 2026: $-3.06
QuarterTTM EPSYoY
Q3 2026-$3.06-$2.86
Q2 2026-$2.85-$2.40
Q1 2026-$2.32-$1.94
Q4 2025-$2.15-$2.01
Q3 2025-$0.20-$0.07
Q2 2025-$0.45-850%
Q1 2025-$0.38-733%
Q4 2024-$0.14-$0.04

CIFR lost $3.06 per share over the past year, and its loss has widened in each of the last four quarters.

PCB Earnings Per Share

Q4 2023: $2.12Q1 2024: $1.75Q2 2024: $1.66Q3 2024: $1.69Q4 2024: $1.74Q1 2025: $1.94Q2 2025: $2.13Q3 2025: $2.39Q4 2025: $2.58Q1 2026: $2.79Q2 2026: $2.90Q3 2026: $2.97Forward: $3.15
Q4 2023: $2.12Q1 2024: $1.75Q2 2024: $1.66Q3 2024: $1.69Q4 2024: $1.74Q1 2025: $1.94Q2 2025: $2.13Q3 2025: $2.39Q4 2025: $2.58Q1 2026: $2.79Q2 2026: $2.90Q3 2026: $2.97Forward: $3.15
QuarterTTM EPSYoY
Forward$3.15+6.2%
Q3 2026$2.97+24%
Q2 2026$2.90+36%
Q1 2026$2.79+44%
Q4 2025$2.58+48%
Q3 2025$2.39+41%
Q2 2025$2.13+28%
Q1 2025$1.94+11%
Q4 2024$1.74-18%

PCB has the edge over CIFR on earnings quality, reporting a profit while its opponent remains loss making.

CIFR Quarterly Revenue

Q4 2023: $43MQ1 2024: $48MQ2 2024: $37MQ3 2024: $24MQ4 2024: $42MQ1 2025: $49MQ2 2025: $44MQ3 2025: $72MQ4 2025: $60MQ1 2026: $35MQ2 2026: $25MQ3 2026: $27M
Q4 2023: $43MQ1 2024: $48MQ2 2024: $37MQ3 2024: $24MQ4 2024: $42MQ1 2025: $49MQ2 2025: $44MQ3 2025: $72MQ4 2025: $60MQ1 2026: $35MQ2 2026: $25MQ3 2026: $27M
QuarterRevenueYoY
Q3 2026$26.7M-63%
Q2 2026$24.8M-43%
Q1 2026$34.8M-29%
Q4 2025$59.7M+41%
Q3 2025$71.7M+198%
Q2 2025$43.6M+18%
Q1 2025$49M+1.7%
Q4 2024$42.2M-2.8%

CIFR's revenue has slid since its 2025 peak: $27M last quarter, down 63% from the same quarter a year ago.

PCB Quarterly Revenue

Q4 2023: $24MQ1 2024: $24MQ2 2024: $24MQ3 2024: $25MQ4 2024: $26MQ1 2025: $27MQ2 2025: $29MQ3 2025: $30MQ4 2025: $29MQ1 2026: $30MQ2 2026: $31MQ3 2026: $32M
Q4 2023: $24MQ1 2024: $24MQ2 2024: $24MQ3 2024: $25MQ4 2024: $26MQ1 2025: $27MQ2 2025: $29MQ3 2025: $30MQ4 2025: $29MQ1 2026: $30MQ2 2026: $31MQ3 2026: $32M
QuarterRevenueYoY
Q3 2026$32.4M+6.6%
Q2 2026$30.7M+4.8%
Q1 2026$30.2M+12%
Q4 2025$29.2M+11%
Q3 2025$30.4M+20%
Q2 2025$29.3M+21%
Q1 2025$26.9M+12%
Q4 2024$26.2M+7.3%

PCB has the edge over CIFR on sales, with more consistent year-over-year improvement.

CIFR Free Cash Flow

Q4 2023: −$114MQ1 2024: −$35MQ2 2024: −$33MQ3 2024: −$83MQ4 2024: −$76MQ1 2025: −$72MQ2 2025: −$88MQ3 2025: −$256MQ4 2025: −$280MQ1 2026: −$462MQ2 2026: −$654MQ3 2026: −$1.7B
Q4 2023: −$114MQ1 2024: −$35MQ2 2024: −$33MQ3 2024: −$83MQ4 2024: −$76MQ1 2025: −$72MQ2 2025: −$88MQ3 2025: −$256MQ4 2025: −$280MQ1 2026: −$462MQ2 2026: −$654MQ3 2026: −$1.7B
QuarterFree cash flowYoY
Q3 2026-$1.7B-$1.4B
Q2 2026-$653.8M-$566.3M
Q1 2026-$462.5M-$390.7M
Q4 2025-$280.3M-$204.2M
Q3 2025-$256.2M-$173.1M
Q2 2025-$87.5M-$54.3M
Q1 2025-$71.8M-$37.3M
Q4 2024-$76.1M+$38M

CIFR's free cash flow was −$3.1B over the past year, against −$492M the year before. Free cash flow isn't a meaningful measure for financial services companies like CIFR.

PCB Free Cash Flow

Q4 2023: $10MQ1 2024: $6MQ2 2024: $13MQ3 2024: $12MQ4 2024: $4MQ1 2025: $2MQ2 2025: $4MQ3 2025: $16MQ4 2025: $3MQ1 2026: $21MQ2 2026: $1MQ3 2026: $15M
Q4 2023: $10MQ1 2024: $6MQ2 2024: $13MQ3 2024: $12MQ4 2024: $4MQ1 2025: $2MQ2 2025: $4MQ3 2025: $16MQ4 2025: $3MQ1 2026: $21MQ2 2026: $1MQ3 2026: $15M
QuarterFree cash flowYoY
Q3 2026$15.2M-6.3%
Q2 2026$1.2M-68%
Q1 2026$20.6M+1191%
Q4 2025$2.8M-33%
Q3 2025$16.2M+36%
Q2 2025$3.8M-70%
Q1 2025$1.6M-73%
Q4 2024$4.2M-57%

PCB has the edge over CIFR on cash generation, producing positive trailing cash flow while its opponent burns cash.

CIFR Total Shares

Q4 2023: 252MQ1 2024: 304MQ2 2024: 314MQ3 2024: 333MQ4 2024: 323MQ1 2025: 361MQ2 2025: 375MQ3 2025: 393MQ4 2025: 382MQ1 2026: 405MQ2 2026: 409MQ3 2026: 440M
Q4 2023: 252MQ1 2024: 304MQ2 2024: 314MQ3 2024: 333MQ4 2024: 323MQ1 2025: 361MQ2 2025: 375MQ3 2025: 393MQ4 2025: 382MQ1 2026: 405MQ2 2026: 409MQ3 2026: 440M
PeriodChange %Net change
Quarterly+7.4%+30.3M shares
1 year+12%+46.5M shares
3 years+75%+188M shares
5 years+102%+222M shares

CIFR has 440M diluted shares, up 12% from a year ago, despite $151M in buybacks over the past year.

PCB Total Shares

Q4 2023: 14MQ1 2024: 14MQ2 2024: 14MQ3 2024: 14MQ4 2024: 14MQ1 2025: 14MQ2 2025: 14MQ3 2025: 14MQ4 2025: 14MQ1 2026: 14MQ2 2026: 14MQ3 2026: 14M
Q4 2023: 14MQ1 2024: 14MQ2 2024: 14MQ3 2024: 14MQ4 2024: 14MQ1 2025: 14MQ2 2025: 14MQ3 2025: 14MQ4 2025: 14MQ1 2026: 14MQ2 2026: 14MQ3 2026: 14M
PeriodChange %Net change
Quarterly-0.9%-125K shares
1 year-1.6%-231K shares
3 years-2.1%-301K shares
5 years-6.2%-936K shares
Available history-13%-2.1M shares

PCB has the edge over CIFR on shareholder dilution, with a more favorable share count trend.

CIFR Net Leverage

Q4 2023: -2.2xQ1 2024: -0.9xQ2 2024: -1.2xQ3 2024: -0.7xQ4 2024: 0.5xQ1 2025: 125.4xQ3 2025: -2.3x
Q4 2023: -2.2xQ1 2024: -0.9xQ2 2024: -1.2xQ3 2024: -0.7xQ4 2024: 0.5xQ1 2025: 125.4xQ3 2025: -2.3x
QuarterNet LeverageStatus
Q3 2025-2.3xNet Cash
Q1 2025125.4xHigh
Q4 20240.5xVery low
Q3 2024-0.7xNet Cash
Q2 2024-1.2xNet Cash
Q1 2024-0.9xNet Cash
Q4 2023-2.2xNet Cash
Q2 2023-0.1xNet Cash

CIFR has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like CIFR.

PCB Net Leverage

Q4 2023: -4.5xQ1 2024: -5.1xQ2 2024: -4.0xQ3 2024: -5.3xQ4 2024: -4.8xQ1 2025: -4.3xQ2 2025: -4.7xQ3 2025: -7.1xQ4 2025: -3.2xQ1 2026: -3.7xQ2 2026: -2.9xQ3 2026: -6.7x
Q4 2023: -4.5xQ1 2024: -5.1xQ2 2024: -4.0xQ3 2024: -5.3xQ4 2024: -4.8xQ1 2025: -4.3xQ2 2025: -4.7xQ3 2025: -7.1xQ4 2025: -3.2xQ1 2026: -3.7xQ2 2026: -2.9xQ3 2026: -6.7x
QuarterNet LeverageStatus
Q3 2026-6.7xNet Cash
Q2 2026-2.9xNet Cash
Q1 2026-3.7xNet Cash
Q4 2025-3.2xNet Cash
Q3 2025-7.1xNet Cash
Q2 2025-4.7xNet Cash
Q1 2025-4.3xNet Cash
Q4 2024-4.8xNet Cash

PCB has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like PCB.

CIFR Weekly Momentum

MetricValueStatus
RSI34.4Neutral
Stochastic7.8Oversold

CIFR's weekly RSI is 34 (neutral) and its Stochastic is 8 (oversold).

PCB Weekly Momentum

MetricValueStatus
RSI69.3Neutral
Stochastic66.4Neutral

PCB's weekly RSI is 69 (neutral) and its Stochastic is 66 (neutral).

CIFR PE vs Financial Services Sector

MetricCIFRSector medianRelative
PEN/A13x—

CIFR has no meaningful PE right now: it lost money over the past year.

PCB PE vs Financial Services Sector

MetricPCBSector medianRelative
PE10x13x23% below
PE %68635 pts above

PCB is trading at 10x earnings, a 23% discount to the Financial Services sector's median of 13x.

CIFR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$10.633% below
20 week MA$15.554% below
50 week MA$17.058% below
100 week MA$12.241% below
200 week MA$7.869% below

CIFR is in a downtrend: it's below all five of its weekly moving averages, and 9% below its 200-week average.

PCB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$28.74.4% above
20 week MA$28.45.4% above
50 week MA$25.418% above
100 week MA$22.831% above
200 week MA$19.752% above

PCB has the edge over CIFR on trend strength, trading above more of its moving averages.

CIFR Yearly ROI

YearStart priceEnd priceROI
2020$9.92$9.95+0.3%
2021$9.95$5.21-48%
2022$5.21$0.54-90%
2023$0.54$4.13+665%
2024$4.13$4.86+18%
2025$4.86$15.2+213%
2026 YTD$15.2$7.15-53%

CIFR's yearly returns have swung widely, from +665% in 2023 to −90% in 2022. It's down 53% so far in 2026.

PCB Yearly ROI

YearStart priceEnd priceROI
2020$17.0$10.1-41%
2021$10.1$22.0+117%
2022$22.0$17.9-18%
2023$17.9$18.4+2.7%
2024$18.4$20.1+9%
2025$20.1$22.2+11%
2026 YTD$22.2$29.9+35%

PCB has the edge over CIFR on returns for 2026, with the stronger performance.

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