Coinbase Global, Inc. COIN

195.11 (4.10) (2.06%) as of 25 Sep
Market cap
$52.3B
P/E
0.0×
Indexes indicate stock being part of an index

Coinbase Global, Inc. (COIN) P/B ratio

As of 25 September 2026, Coinbase Global, Inc. (COIN) trades at a P/B ratio of 3.9×. Over the past ten years it has ranged from 1.3× (December 2022) to 14.0× (November 2021); the current reading is higher than 40% of that period. That is in line with the Financial Data & Stock Exchanges industry median of 3.8× and above the Financial sector median of 1.3×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 4.0× (33.48%)
FY2024 6.0× 1.49%
FY2023 5.9× 330.00%
FY2022 1.4× (80.37%)
FY2022 7.0× (0.52%)
FY2021 7.0× (37.99%)
FY2021 11.3× 0.00%
FY2020 11.3× 0.00%
FY2020 11.3× 0.00%
FY2019 11.3× 0.00%

Quarterly

Period P/B ratio Change
Jun 2026 2.9× (14.16%)
Mar 2026 3.4× (13.74%)
Dec 2025 4.0× (28.18%)
Sep 2025 5.5× (25.14%)
23 more quarters

Against its own ten years

Low 1.3× High 14.0×
Ten-year median 4.8×
Current reading's percentile 40

P/B ratio against peers

Company P/B ratio
MSCI MSCI Inc compare n/m
TRU TransUnion compare 2.7×
ICE Intercontinental Exchange Inc. compare 2.9×
CME CME Group Inc. compare 3.6×
SPGI S&P Global Inc. compare 3.8×
COIN Coinbase Global, Inc. 3.9×
NDAQ Nasdaq, Inc. compare 4.4×
CBOE Cboe Global Markets, Inc. compare 4.8×
MCO Moody's Corporation compare 25.8×
Financial Data & Stock Exchanges industry median 3.8×
Financial sector median 1.3×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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