COIN PE Ratio & Valuation,Is COIN Overvalued

COIN Relative Valuation

COIN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, COIN is overvalued; if below, it's undervalued.

Historical Valuation

Coinbase Global Inc (COIN) is now in the Fair zone, suggesting that its current forward PS ratio of 8.75 is considered Fairly compared with the five-year average of 26.41. The fair price of Coinbase Global Inc (COIN) is between 169.21 to 308.47 according to relative valuation methord.

Relative Value

Fair Zone

169.21-308.47

Current Price：267.46

Fair

43.52

20.05

EV/EBITDA

Coinbase Global Inc. (COIN) has a current EV/EBITDA of 20.05. The 5-year average EV/EBITDA is 4.84. The thresholds are as follows: Strongly Undervalued below -69.48, Undervalued between -69.48 and -32.32, Fairly Valued between 42.01 and -32.32, Overvalued between 42.01 and 79.17, and Strongly Overvalued above 79.17. The current Forward EV/EBITDA of 20.05 falls within the Historic Trend Line -Fairly Valued range.

31.90

EV/EBIT

Coinbase Global Inc. (COIN) has a current EV/EBIT of 31.90. The 5-year average EV/EBIT is 28.33. The thresholds are as follows: Strongly Undervalued below -144.93, Undervalued between -144.93 and -58.30, Fairly Valued between 114.95 and -58.30, Overvalued between 114.95 and 201.58, and Strongly Overvalued above 201.58. The current Forward EV/EBIT of 31.90 falls within the Historic Trend Line -Fairly Valued range.

8.75

Coinbase Global Inc. (COIN) has a current PS of 8.75. The 5-year average PS is 8.08. The thresholds are as follows: Strongly Undervalued below 2.39, Undervalued between 2.39 and 5.23, Fairly Valued between 10.93 and 5.23, Overvalued between 10.93 and 13.78, and Strongly Overvalued above 13.78. The current Forward PS of 8.75 falls within the Historic Trend Line -Fairly Valued range.

23.98

P/OCF

Coinbase Global Inc. (COIN) has a current P/OCF of 23.98. The 5-year average P/OCF is -5.74. The thresholds are as follows: Strongly Undervalued below -230.63, Undervalued between -230.63 and -118.18, Fairly Valued between 106.71 and -118.18, Overvalued between 106.71 and 219.15, and Strongly Overvalued above 219.15. The current Forward P/OCF of 23.98 falls within the Historic Trend Line -Fairly Valued range.

28.75

P/FCF

Coinbase Global Inc. (COIN) has a current P/FCF of 28.75. The 5-year average P/FCF is 19.72. The thresholds are as follows: Strongly Undervalued below -43.53, Undervalued between -43.53 and -11.91, Fairly Valued between 51.34 and -11.91, Overvalued between 51.34 and 82.96, and Strongly Overvalued above 82.96. The current Forward P/FCF of 28.75 falls within the Historic Trend Line -Fairly Valued range.

Coinbase Global Inc (COIN) has a current Price-to-Book (P/B) ratio of 4.49. Compared to its 3-year average P/B ratio of 5.34 , the current P/B ratio is approximately -15.92% higher. Relative to its 5-year average P/B ratio of 5.88, the current P/B ratio is about -23.65% higher. Coinbase Global Inc (COIN) has a Forward Free Cash Flow (FCF) yield of approximately 0.45%. Compared to its 3-year average FCF yield of -1.00%, the current FCF yield is approximately -144.98% lower. Relative to its 5-year average FCF yield of -0.63% , the current FCF yield is about -171.60% lower.

4.49

P/B

Median3y

5.34

Median5y

5.88

0.45

FCF Yield

Median3y

-1.00

Median5y

-0.63

Competitors Valuation Multiple

The average P/S ratio for COIN's competitors is 5.87, providing a benchmark for relative valuation. Coinbase Global Inc Corp (COIN) exhibits a P/S ratio of 8.75, which is 49.08% above the industry average. Given its robust revenue growth of 55.05%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of COIN increased by 7.72% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 6.26 to 23.15.

The secondary factor is the Revenue Growth, contributed 55.05%to the performance.

Overall, the performance of COIN in the past 1 year is driven by Margin Expansion. Which is more sustainable.

55.05%

1.21B → 1.87B

Revenue Growth

269.81%

6.26 → 23.15

Margin Expansion

-317.14%

-10.73 → 23.30

P/E Change

7.72%

248.30 → 267.46

Mkt Cap Growth

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Frequently Asked Questions

Is Coinbase Global Inc (COIN) currently overvalued or undervalued?

What is Coinbase Global Inc (COIN) fair value?

COIN's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Coinbase Global Inc (COIN) is between 169.21 to 308.47 according to relative valuation methord.

How does COIN's valuation metrics compare to the industry average?

What is the current P/B ratio for Coinbase Global Inc (COIN) as of Dec 15 2025?

As of Dec 15 2025, Coinbase Global Inc (COIN) has a P/B ratio of 4.49. This indicates that the market values COIN at 4.49 times its book value.

What is the current FCF Yield for Coinbase Global Inc (COIN) as of Dec 15 2025?

As of Dec 15 2025, Coinbase Global Inc (COIN) has a FCF Yield of 0.45%. This means that for every dollar of Coinbase Global Inc’s market capitalization, the company generates 0.45 cents in free cash flow.

What is the current Forward P/E ratio for Coinbase Global Inc (COIN) as of Dec 15 2025?

As of Dec 15 2025, Coinbase Global Inc (COIN) has a Forward P/E ratio of 43.52. This means the market is willing to pay $43.52 for every dollar of Coinbase Global Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Coinbase Global Inc (COIN) as of Dec 15 2025?

As of Dec 15 2025, Coinbase Global Inc (COIN) has a Forward P/S ratio of 8.75. This means the market is valuing COIN at $8.75 for every dollar of expected revenue over the next 12 months.

COIN Valuation