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Grayscale Decentralized Finance (DeFi) Fund LLC (Grayscale Decentralized Finance (DeFi) Fund LLC) Book Value per Share : $29.38 (As of Mar. 2024)


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What is Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share?

Grayscale Decentralized Finance (DeFi) Fund LLC's book value per share for the quarter that ended in Mar. 2024 was $29.38.

During the past 12 months, Grayscale Decentralized Finance (DeFi) Fund LLC's average Book Value Per Share Growth Rate was 100.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Grayscale Decentralized Finance (DeFi) Fund LLC's current price is $29.75. Its book value per share for the quarter that ended in Mar. 2024 was $29.38. Hence, today's PB Ratio of Grayscale Decentralized Finance (DeFi) Fund LLC is 1.01.

During the past 2 years, the highest P/B Ratio of Grayscale Decentralized Finance (DeFi) Fund LLC was 2.96. The lowest was 0.53. And the median was 1.17.


Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Historical Data

The historical data trend for Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Chart

Grayscale Decentralized Finance (DeFi) Fund LLC Annual Data
Trend Jun22 Jun23
Book Value per Share
12.42 13.14

Grayscale Decentralized Finance (DeFi) Fund LLC Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.64 13.14 12.40 18.77 29.38

Competitive Comparison of Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value per Share

For the Asset Management subindustry, Grayscale Decentralized Finance (DeFi) Fund LLC's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Grayscale Decentralized Finance (DeFi) Fund LLC's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Decentralized Finance (DeFi) Fund LLC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grayscale Decentralized Finance (DeFi) Fund LLC's PB Ratio falls into.



Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Calculation

Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(3.08-0.00)/0.23
=13.14

Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(6.87-0.00)/0.23
=29.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Grayscale Decentralized Finance (DeFi) Fund LLC  (OTCPK:DEFG) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Grayscale Decentralized Finance (DeFi) Fund LLC Book Value per Share Related Terms

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Grayscale Decentralized Finance (DeFi) Fund LLC (Grayscale Decentralized Finance (DeFi) Fund LLC) Business Description

Traded in Other Exchanges
N/A
Address
290 Harbor Drive, 4th Floor, Stamford, CT, USA, 06902
Grayscale Decentralized Finance (DeFi) Fund LLC seeks to provide investors with exposure to a selection of industry decentralized finance platforms through a market cap-weighted portfolio designed to track the CoinDesk DeFi Select Index. DeFi Fund holds the liquid digital assets that meet certain trading and custody requirements and are classified in the DeFi sector defined by CoinDesk Digital Asset Classification Standard.

Grayscale Decentralized Finance (DeFi) Fund LLC (Grayscale Decentralized Finance (DeFi) Fund LLC) Headlines

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