Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.
P/B ratio for Coinbase Global, Inc. (COIN)
P/B ratio as of 2023: 6.53
According to Coinbase Global, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.53. At the end of 2022 the company had a P/B ratio of 1.44.
P/B ratio history for Coinbase Global, Inc. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 6.53 |
| 2022 | 1.44 |
| 2021 | 8.59 |
| 2020 | 42.85 |
| 2019 | 131.55 |