P/B ratio - price to Bitcoin ratio .. just like P/E
Discussion
That makes sense. This would be useful info if all companies posted it.
It is already there .. it is called Price to Book ratio .. Book stands for assets (Assets - Liabilities ) ..
MSTR reports specific Bitcoin thingie cuz they have no other asset .. besides they want to confuse every one :-)
To their credit ... Asset valuation rules were written in the 17th century :=-) .. they have helped improve the rules through FASB ...