diff --git a/packages/validator/src/services/block.ts b/packages/validator/src/services/block.ts
index a9663c69aa6c..71a06b4af773 100644
--- a/packages/validator/src/services/block.ts
+++ b/packages/validator/src/services/block.ts
@@ -17,10 +17,14 @@ import {Api, ApiError, ServerApi} from "@lodestar/api";
 import {IClock, LoggerVc} from "../util/index.js";
 import {PubkeyHex} from "../types.js";
 import {Metrics} from "../metrics.js";
+import {formatBigDecimal} from "../util/format.js";
 import {ValidatorStore, BuilderSelection} from "./validatorStore.js";
 import {BlockDutiesService, GENESIS_SLOT} from "./blockDuties.js";
 
 const ETH_TO_WEI = BigInt("1000000000000000000");
+// display upto 5 decimal places
+const MAX_DECIMAL_FACTOR = BigInt("100000");
+
 /**
  * Cutoff time to wait for execution and builder block production apis to resolve
  * Post this time, race execution and builder to pick whatever resolves first
@@ -243,7 +247,7 @@ export class BlockProposingService {
     const debugLogCtx = {
       source: source,
       // winston logger doesn't like bigint
-      "blockValue(eth)": `${fullOrBlindedBlock.blockValue / ETH_TO_WEI}`,
+      blockValue: `${formatBigDecimal(fullOrBlindedBlock.blockValue, ETH_TO_WEI, MAX_DECIMAL_FACTOR)} ETH`,
     };
     const blockFeeRecipient = (fullOrBlindedBlock.data as bellatrix.BeaconBlock).body.executionPayload?.feeRecipient;
     const feeRecipient = blockFeeRecipient !== undefined ? toHexString(blockFeeRecipient) : undefined;
diff --git a/packages/validator/src/util/format.ts b/packages/validator/src/util/format.ts
index a405383232c9..63a9997848bc 100644
--- a/packages/validator/src/util/format.ts
+++ b/packages/validator/src/util/format.ts
@@ -1,3 +1,9 @@
 export function isValidatePubkeyHex(pubkeyHex: string): boolean {
   return /^0x[0-9a-fA-F]{96}$/.test(pubkeyHex);
 }
+
+export function formatBigDecimal(numerator: bigint, denominator: bigint, maxDecimalFactor: bigint): string {
+  const full = numerator / denominator;
+  const fraction = ((numerator - full * denominator) * maxDecimalFactor) / denominator;
+  return `${full}.${fraction}`;
+}
diff --git a/packages/validator/test/unit/utils/format.test.ts b/packages/validator/test/unit/utils/format.test.ts
new file mode 100644
index 000000000000..d080d040c358
--- /dev/null
+++ b/packages/validator/test/unit/utils/format.test.ts
@@ -0,0 +1,17 @@
+import {expect} from "chai";
+import {formatBigDecimal} from "../../../src/util/format.js";
+
+describe("util / formatBigDecimal", function () {
+  const testCases: [bigint, bigint, bigint, string][] = [
+    [BigInt("103797739275696858"), BigInt("1000000000000000000"), BigInt("100000"), "0.10379"],
+    [BigInt("103797739275696858"), BigInt("1000000000000000000"), BigInt("1000"), "0.103"],
+    [BigInt("111103797739275696858"), BigInt("1000000000000000000"), BigInt("100000"), "111.10379"],
+    [BigInt("111103797739275696858"), BigInt("1000000000000000000"), BigInt("1000"), "111.103"],
+    [BigInt("1037977392756"), BigInt("1000000000000000000"), BigInt("100000"), "0.0"],
+  ];
+  for (const [numerator, denominator, decimalFactor, expectedString] of testCases) {
+    it(`format ${numerator} / ${denominator} correctly to ${expectedString}`, () => {
+      expect(formatBigDecimal(numerator, denominator, decimalFactor)).to.be.equal(expectedString);
+    });
+  }
+});