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Coinbase Global (MEX:COIN) PS Ratio : 18.33 (As of Dec. 16, 2024)


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What is Coinbase Global PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Coinbase Global's share price is MXN6255.00. Coinbase Global's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was MXN341.23. Hence, Coinbase Global's PS Ratio for today is 18.33.

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

MEX:COIN' s PS Ratio Range Over the Past 10 Years
Min: 1.64   Med: 8.17   Max: 23.12
Current: 16.27

During the past 5 years, Coinbase Global's highest PS Ratio was 23.12. The lowest was 1.64. And the median was 8.17.

MEX:COIN's PS Ratio is ranked worse than
83.6% of 756 companies
in the Capital Markets industry
Industry Median: 4.095 vs MEX:COIN: 16.27

Coinbase Global's Revenue per Sharefor the three months ended in Sep. 2024 was MXN88.73. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was MXN341.23.

During the past 12 months, the average Revenue per Share Growth Rate of Coinbase Global was 59.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 21.20% per year.

During the past 5 years, Coinbase Global's highest 3-Year average Revenue per Share Growth Rate was 76.90% per year. The lowest was 21.20% per year. And the median was 49.05% per year.

Back to Basics: PS Ratio


Coinbase Global PS Ratio Historical Data

The historical data trend for Coinbase Global's PS 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 PS Ratio Chart

Coinbase Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
- - 7.08 2.46 14.23

Coinbase Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS Ratio 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 Premium Member Only Premium Member Only 6.27 14.23 17.67 12.76 9.33

Competitive Comparison of Coinbase Global's PS Ratio

For the Financial Data & Stock Exchanges subindustry, Coinbase Global's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio Distribution in the Capital Markets Industry

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

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



Coinbase Global PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Coinbase Global's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=6255.00/341.231
=18.33

Coinbase Global's Share Price of today is MXN6255.00.
Coinbase Global's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN341.23.

* 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.

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

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Coinbase Global  (MEX:COIN) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Coinbase Global PS Ratio Related Terms

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Coinbase Global Business Description

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