Coinbase
COIN
#301
Rank
$63.30 B
Marketcap
$257.79
Share price
10.53%
Change (1 day)
134.04%
Change (1 year)

P/E ratio for Coinbase (COIN)

P/E ratio as of July 2024 (TTM): -45.8

According to Coinbase's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.7593. At the end of 2022 the company had a P/E ratio of -3.00.

P/E ratio history for Coinbase from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.00-120.8%
202114.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.8-160.86%๐Ÿ‡บ๐Ÿ‡ธ USA
34.2-174.64%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.