As of 2026-04-30, the Relative Valuation of Iris Energy Ltd (IREN) is 39.29 USD. This relative valuation is based on P/E multiples. With the latest stock price at 42.86 USD, the upside of Iris Energy Ltd based on Relative Valuation is -8.3%.
The range of the Relative Valuation is 25.15 - 63.25 USD.
| Range | Selected | |
| Trailing P/E multiples | 33.3x - 56.6x | 38.4x |
| Forward P/E multiples | 40.9x - 60.9x | 58.1x |
| Fair Price | 25.15 - 63.25 | 39.29 |
| Upside | -41.3% - 47.6% | -8.3% |
| Date | P/E |
| 2026-04-29 | 38.38 |
| 2026-04-28 | 39.79 |
| 2026-04-27 | 43.31 |
| 2026-04-24 | 45.35 |
| 2026-04-23 | 46.58 |
| 2026-04-22 | 43.33 |
| 2026-04-21 | 40.45 |
| 2026-04-20 | 43.63 |
| 2026-04-17 | 43.09 |
| 2026-04-16 | 42.71 |
| 2026-04-15 | 43.72 |
| 2026-04-14 | 42.42 |
| 2026-04-13 | 38.57 |
| 2026-04-10 | 35.21 |
| 2026-04-09 | 33.19 |
| 2026-04-08 | 32.98 |
| 2026-04-07 | 32.00 |
| 2026-04-06 | 31.46 |
| 2026-04-02 | 31.14 |
| 2026-04-01 | 30.53 |
| 2026-03-31 | 30.70 |
| 2026-03-30 | 28.31 |
| 2026-03-27 | 31.42 |
| 2026-03-26 | 33.54 |
| 2026-03-25 | 37.10 |
| 2026-03-24 | 36.82 |
| 2026-03-23 | 37.75 |
| 2026-03-20 | 36.97 |
| 2026-03-19 | 37.31 |
| 2026-03-18 | 37.80 |
| 2026-03-17 | 38.47 |
| 2026-03-16 | 40.24 |
| 2026-03-13 | 37.23 |
| 2026-03-12 | 37.05 |
| 2026-03-11 | 37.59 |
| 2026-03-10 | 34.14 |
| 2026-03-09 | 34.78 |
| 2026-03-06 | 32.86 |
| 2026-03-05 | 35.93 |
| 2026-03-04 | 39.26 |
| 2026-03-03 | 34.79 |
| 2026-03-02 | 37.06 |
| 2026-02-27 | 36.67 |
| 2026-02-26 | 39.62 |
| 2026-02-25 | 39.43 |
| 2026-02-24 | 40.70 |
| 2026-02-23 | 37.93 |
| 2026-02-20 | 35.80 |
| 2026-02-19 | 38.77 |
| 2026-02-18 | 37.68 |