Coinbase Global (COIN) Price to Book (2021 - 2026)
Coinbase Global's (COIN) quarterly Price to Book came in at 2.95 in Q2 2026, down 52.42% year-over-year from 6.2 in Q2 2025, and down 13.59% quarter-over-quarter from 3.41 in Q1 2026.
Analysis
Coinbase Global (COIN) Price to Book (2021 - 2026) Analysis & Trends
Coinbase Global (COIN) has reported Price to Book for 6 consecutive years, with 2.95 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book fell 52.42% year-over-year to 2.95 in Q2 2026; TTM through Jun 2026 was 2.95, a 52.42% decrease from a year earlier, with the FY2025 full-year figure at 4.09, down 33.19% from the prior year.
- Price to Book was 2.95 for Q2 2026 at Coinbase Global, down from 3.41 in the prior quarter.
- Over five years, Price to Book peaked at 8.07 in Q1 2024 and troughed at 1.5 in Q4 2022.
- A 5-year average of 4.45 and a median of 4.14 in 2025 frame the typical range for Price to Book.
- Across the five-year window, Price to Book tumbled 84.06% in 2022 and surged 346.23% in 2023, its largest moves.
- Over 5 years, Price to Book stood at 1.5 in 2022, then surged by 346.23% to 6.7 in 2023, then declined by 8.56% to 6.13 in 2024, then tumbled by 33.19% to 4.09 in 2025, then slipped by 27.99% to 2.95 in 2026.
- The last three Price to Book figures came in at 2.95 (Q2 2026), 3.41 (Q1 2026), and 4.09 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - |
| 10 | Universal Token | 174.68 Mn | 174.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.95 |
| Mar 31, 2026 | 3.41 |
| Dec 31, 2025 | 4.09 |
| Sep 30, 2025 | 5.66 |
| Jun 30, 2025 | 6.20 |
| Mar 31, 2025 | 4.19 |
| Dec 31, 2024 | 6.13 |
| Sep 30, 2024 | 5.11 |
| Jun 30, 2024 | 6.59 |
| Mar 31, 2024 | 8.07 |
| Dec 31, 2023 | 6.70 |
| Sep 30, 2023 | 3.03 |
| Jun 30, 2023 | 2.95 |
| Mar 31, 2023 | 2.79 |
| Dec 31, 2022 | 1.50 |
| Sep 30, 2022 | 2.57 |
| Jun 30, 2022 | 1.79 |
| Mar 31, 2022 | 6.36 |
| Dec 31, 2021 | 8.68 |
| Sep 30, 2021 | 8.89 |