Coinbase Global, Inc. Class A Common Stock (COIN) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
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 i...
Coinbase Global, Inc. Class A Common Stock (COIN) currently trades at a P/E ratio of 50.15 (historical range: 4.47–71.63, median: 31.41), placing it at the 86th percentile — expensive relative to its history, P/S ratio of 7.27 (range: 1.42–25.56, 43th percentile — near its historical average), EV/EBITDA of 70.34 (range: 5.27–246.22, 80th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Coinbase Global, Inc. Class A Common Stock's P/E ratio has expanded by 166% over the observed period (from an average of 14.5 to 38.7).
Coinbase Global, Inc. Class A Common Stock trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 50.15 | 31.41 | 86th | expensive relative to its history |
| P/S Ratio | 7.27 | 7.98 | 43th | near its historical average |
| EV/EBITDA | 70.34 | 39.56 | 80th | expensive relative to its history |
| FCF Yield | 5.82% | 5.22% | 55th | near its historical average |
Coinbase Global, Inc. Class A Common Stock (COIN) Valuation & P/E History
Coinbase Global, Inc. Class A Common Stock (COIN) is a US-listed stock operating in the Financial Services sector, specifically the Finance Services industry currently trading at $172.85 with a market capitalization of $45.6 billion. This page provides historical valuation analysis for COIN based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 50.15 is above the historical median of 31.41, placing COIN at the 86th percentile of its valuation range. The P/S ratio of 7.27 compares to a median of 7.98.
COIN Valuation Metrics & Historical Range
The valuation table above shows Coinbase Global, Inc. Class A Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether COIN is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests COIN is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Coinbase Global, Inc. Class A Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is COIN Overvalued or Undervalued?
Coinbase Global, Inc. Class A Common Stock trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 70 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive COIN is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full COIN analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.COIN trades on NYSE. This page is for informational purposes only and is not financial advice.