Coinbase Global (BSP:C2OI34) PB Ratio : 9.81 (As of Dec. 12, 2024)

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What is Coinbase Global PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-12), Coinbase Global's share price is R$75.79. Coinbase Global's Book Value per Share for the quarter that ended in Sep. 2024 was R$7.73. Hence, Coinbase Global's PB Ratio of today is 9.81.

The historical rank and industry rank for Coinbase Global's PB Ratio or its related term are showing as below:

BSP:C2OI34' s PB Ratio Range Over the Past 10 Years
Min: 1.41 Med: 5.42 Max: 29.56
Current: 9

During the past 5 years, Coinbase Global's highest PB Ratio was 29.56. The lowest was 1.41. And the median was 5.42.

BSP:C2OI34's PB Ratio is ranked worse than
92.98% of 755 companies
in the Capital Markets industry
Industry Median: 1.44 vs BSP:C2OI34: 9.00

During the past 12 months, Coinbase Global's average Book Value Per Share Growth Rate was 40.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 71.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Coinbase Global was 113.80% per year. The lowest was 71.10% per year. And the median was 92.45% per year.

Back to Basics: PB Ratio

Coinbase Global PB Ratio Historical Data

The historical data trend for Coinbase Global's PB Ratio 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.

* Premium members only.

Coinbase Global PB Ratio Chart

Coinbase Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

8.73

1.50

7.05

Coinbase Global Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															3.11	7.05	8.08	6.91	5.01

Competitive Comparison of Coinbase Global's PB Ratio

For the Financial Data & Stock Exchanges subindustry, Coinbase Global'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.

Coinbase Global's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coinbase Global's PB Ratio distribution charts can be found below:

* The bar in red indicates where Coinbase Global's PB Ratio falls into.

Coinbase Global PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Coinbase Global's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	75.79	/	7.725
	=	9.81

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Coinbase Global (BSP:C2OI34) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Coinbase Global PB Ratio Related Terms

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Coinbase Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coinbase Global Inc (BSP:C2OI34) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

COIN:USA COIN:Mexico 1COIN:Italy 1QZ:Germany 1QZ:Bulgaria COIN:Austria

Address

1209, Orange Street, c/o The Corporation Trust Company, Wilmington, DE, USA, 19801

Website

https://www.coinbase.com

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.

Coinbase Global Headlines

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