DEFG (Grayscale Decentralized Finance (DeFi) Fund LLC) Book Value per Share: $7.11 (As of Mar. 2026)

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DEFG Grayscale Decentralized Finance (DeFi) Fund LLC DEFG
36 GF Score
Price $10.23
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What is Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share?

Grayscale Decentralized Finance (DeFi) Fund LLC DEFG +1.29% 36 Book Value per Share is $7.11 as of Mar. 2026. GuruFocus rates DEFG with a GF Score™ of 36/100.

Grayscale Decentralized Finance (DeFi) Fund LLC's book value per share for the quarter that ended in Mar. 2026 was $7.11.

During the past 12 months, Grayscale Decentralized Finance (DeFi) Fund LLC's average Book Value Per Share Growth Rate was -48.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Grayscale Decentralized Finance (DeFi) Fund LLC was 14.30% per year. The lowest was 14.30% per year. And the median was 14.30% per year.

Grayscale Decentralized Finance (DeFi) Fund LLC's current price is $10.23. Its book value per share for the quarter that ended in Mar. 2026 was $7.11. Hence, today's PB Ratio of Grayscale Decentralized Finance (DeFi) Fund LLC is 1.44.

During the past 4 years, the highest P/B Ratio of Grayscale Decentralized Finance (DeFi) Fund LLC was 47.00. The lowest was 0.53. And the median was 1.14.


Grayscale Decentralized Finance (DeFi) Fund LLC  (OTCPK:DEFG) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Related Terms


Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Historical Data

* Premium members only.

The historical data trend for Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Chart

Grayscale Decentralized Finance (DeFi) Fund LLC Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Book Value per Share
12.42 13.14 19.46 18.52

Grayscale Decentralized Finance (DeFi) Fund LLC Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.71 18.52 19.39 10.88 7.11

DEFG vs ZSTK, BNBX, TWAV: Book Value per Share Comparison

For the Asset Management subindustry, Grayscale Decentralized Finance (DeFi) Fund LLC's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grayscale Decentralized Finance (DeFi) Fund LLC PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Decentralized Finance (DeFi) Fund LLC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grayscale Decentralized Finance (DeFi) Fund LLC's PB Ratio falls into.


DEFG
36GF Score
Grayscale Decentralized Finance (DeFi) Fund LLC DEFG
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Calculation

Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value Per Share for the fiscal year that ended in Jun. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4.41-0.00)/0.24
=18.52

Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1.70-0.00)/0.24
=7.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $7.11 mean?
Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) has a Book Value per Share of $7.11 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Grayscale Decentralized Finance (DeFi) Fund LLC and its competitors.
Is Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value per Share too high?
Grayscale Decentralized Finance (DeFi) Fund LLC's current Book Value per Share is $7.11. Overall, Grayscale Decentralized Finance (DeFi) Fund LLC has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value per Share compare to ZSTK and BNBX?
Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value per Share of $7.11 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Asset Management company?
A good Book Value per Share depends on the Asset Management industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Grayscale Decentralized Finance (DeFi) Fund LLC and its competitors. Grayscale Decentralized Finance (DeFi) Fund LLC's current Book Value per Share is $7.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Decentralized Finance (DeFi) Fund LLC stock overvalued right now?
Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG) has a current Book Value per Share of $7.11. The current Book Value per Share is $7.11. Grayscale Decentralized Finance (DeFi) Fund LLC's overall GF Score™ is 36/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Grayscale Decentralized Finance (DeFi) Fund LLC (DEFG), the current Book Value per Share is $7.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grayscale Decentralized Finance (DeFi) Fund LLC Business Description

Address 290 Harbor Drive, 4th Floor, Stamford, CT, USA, 06902
Grayscale Decentralized Finance (DeFi) Fund LLC is an investment vehicle that invests in and derives value from a basket of decentralized finance applications in the form of a security while avoiding the challenges of buying, storing, and safekeeping DeFi directly. Its investment objective is for the value of the Shares (based on NAV per Share) to reflect the value of the fund components as determined by reference to their respective digital asset reference rates and fund weightings, less the fund's expenses and other liabilities. The fund components consist of the digital assets that make up the DFX (CoinDesk DeFi Select Index) as rebalanced from time to time.
36GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.23
Price