Coinbase GlobalXSWX:COIN +0.20%58 PS Ratio is 6.99 as of Jul. 13, 2026, which is 22% below its 10-year median of 8.94. GuruFocus rates XSWX:COIN with a GF Score™ of 58/100 and a GF Value™ of CHF182.51 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 758 Capital Markets companies, Coinbase Global ranks worse than 66.89% on this metric.
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 CHF128.60.
Coinbase Global's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF18.40. Hence, Coinbase Global's PS Ratio for today is 6.99.
Good Sign:
Coinbase Global Inc stock PS Ratio (=6.9) is close to 2-year low of 6.26.
The historical rank and industry rank for Coinbase Global's PS Ratio or its related term are showing as below:
XSWX:COIN'
s PS Ratio Range Over the Past 10 Years
Min: 1.64 Med: 8.94 Max: 23.12
Current: 6.9
During the past 7 years, Coinbase Global's highest PS Ratio was 23.12. The lowest was 1.64. And the median was 8.94.
XSWX:COIN's PS Ratio is ranked worse than 66.89% of 758
companies
in the Capital Markets industry
Industry Median: 4.18
vs XSWX:COIN: 6.90
Coinbase Global Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of Coinbase Global was -10.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 20.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 15.70% per year.
During the past 7 years, Coinbase Global's highest 3-Year average Revenue per Share Growth Rate was 76.90% per year. The lowest was -12.30% per year. And the median was 20.75% per year.
Back to Basics: PS Ratio
Coinbase Global (XSWX: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.
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
Coinbase Global PS Ratio Historical Data
* Premium members only.
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.
XSWX:COIN vs MSCI, NDAQ, CBOE: PS Ratio Comparison
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 PS Ratio vs 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.
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 Share Price of today is CHF128.60. Coinbase Global's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF18.40.
* 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:
Coinbase Global (XSWX:COIN) has a PS Ratio of 6.99 as of Jul. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Coinbase Global and its competitors. This is 22% below median its historical median of 8.94. Over the past decade, Coinbase Global's PS Ratio has ranged from 1.64 to 23.12. According to the industry distribution chart, Coinbase Global ranks #507 out of 758 companies in the Capital Markets industry, placing it in the top 66.9%.
Is Coinbase Global's PS Ratio too high?
Coinbase Global's current PS Ratio of 6.99 is 22% below median its 10-year median of 8.94. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 23.12. The Capital Markets industry median PS Ratio is 4.18. Coinbase Global's value of 6.99 is 67.2% above this industry median. Based on the distribution chart, Coinbase Global ranks #507 out of 758 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Coinbase Global has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coinbase Global's PS Ratio compare to MSCI and NDAQ?
According to the Capital Markets industry distribution chart, Coinbase Global ranks #507 out of 758 companies for PS Ratio. This places Coinbase Global in the lower half of its industry. The industry median PS Ratio is 4.18. Coinbase Global's value of 6.99 is 67.2% above this benchmark. Historically, Coinbase Global's own PS Ratio has ranged from 1.64 to 23.12 over the past decade. While the company's 10-year median is 8.94 vs. the industry median of 4.18, Coinbase Global has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Capital Markets company?
The median PS Ratio among Capital Markets companies is 4.18, based on 758 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coinbase Global's current PS Ratio of 6.99 is 67.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Coinbase Global and its competitors. For the Capital Markets industry, the median PS Ratio is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coinbase Global's current PS Ratio is 6.99, which is 22% below median its own 10-year median of 8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coinbase Global stock overvalued right now?
Based on GuruFocus' analysis, Coinbase Global (XSWX:COIN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF182.51, compared to a current price of CHF128.60 — trading 29.5% below its estimated fair value. The current PS Ratio is 6.99, which is 22% below median its 10-year median of 8.94 and 67.2% above the Capital Markets industry median of 4.18. Coinbase Global's overall GF Score™ is 58/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Coinbase Global (XSWX:COIN), the current PS Ratio is 6.99 as of Jul. 13, 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.
Is Coinbase Global (XSWX:COIN) Overvalued in 2026?
Based on GuruFocus' analysis, Coinbase Global stock appears to be undervalued.
The current stock price of CHF128.60 is trading 29.5% below its estimated GF Value™ of CHF182.51.
GuruFocus considers Coinbase Global to be Possible Value Trap.
Key valuation signals for XSWX:COIN:
PS Ratio: 6.99 (22% below median its 10-year median of 8.94)
GF Value™: CHF182.51 vs. price of CHF128.60 (29.5% below fair value)
Industry Position: 67.2% above the Capital Markets median (#507 of 758)
No single metric tells the full story. See the XSWX:COIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
58GF Score
Get the complete analysis for XSWX:COIN
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:COIN has been successfully added to your 
