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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.56 Bn | 54.94 Bn | 40.81 Mn |
| 2 | Coinbase Global | 51.47 Bn | 8.27 Bn | - |
| 3 | PayPal Holdings | 47.44 Bn | 5.67 Bn | - |
| 4 | Block | 45.91 Bn | 17.17 Bn | 3.17 Bn |
| 5 | Iren | 33.57 Bn | 21.17 Bn | 103.89 Mn |
| 6 | Corpay | 26.14 Bn | 16.34 Bn | - |
| 7 | Fiserv | 24.72 Bn | 21.42 Bn | 2.90 Bn |
| 8 | Global Payments | 22.99 Bn | 1.43 Bn | 2.03 Bn |
| 9 | Guidewire Software | 11.94 Bn | 8.51 Bn | 269.68 Mn |
| 10 | Hut 8 | 11.93 Bn | 11.77 Bn | 48.04 Mn |
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 |
Coinbase Global Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=COIN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "COIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=COIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();