Coinbase Global, Inc.

COIN Financial Financial Data & Stock Exchanges

Coinbase Global, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.2 billion, up 9.40% from fiscal 2024.

Revenue
−35.0%
EPS
+64.9%
Free cash flow
−45.5%
Total debt
+55.0%

Quarter to September 2026, against a year earlier

134.66 2.16 −1.58%
Market cap
$36.2B
P/E
0.0×
Fwd P/E
−1,104×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

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

Alert me on P/B ratio

As of 5 November 2026, Coinbase Global, Inc. (COIN) trades at a P/B ratio of 2.6×. Over the past ten years it has ranged from 1.3× (December 2022) to 14.0× (November 2021); the current reading is higher than 15% of that period. That is below the Financial Data & Stock Exchanges industry median of 4.6× and above the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

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 newest first

Period P/B ratio Change
Sep 2026 3.5× 19.81%
Jun 2026 2.9× (14.16%)
Mar 2026 3.4× (13.74%)
Dec 2025 4.0× (28.18%)
24 more quarters

Against its own ten years

Low 1.3× High 14.0×
Ten-year median 4.7×
Current reading's percentile 15

P/B ratio against peers

Company P/B ratio
MSCI MSCI Inc compare n/m
COIN Coinbase Global, Inc. 2.6×
TRU TransUnion compare 3.2×
ICE Intercontinental Exchange Inc. compare 3.3×
CME CME Group Inc. compare 4.1×
NDAQ Nasdaq, Inc. compare 5.0×
FDS FactSet Research Systems Inc. compare 6.2×
CBOE Cboe Global Markets, Inc. compare 6.2×
MCO Moody's Corporation compare 26.1×
Financial Data & Stock Exchanges industry median 4.6×
Financial sector median 1.3×
Market median 1.7×

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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