Grayscale Decentralized Finance (DeFi) Fund LLC (Grayscale Decentralized Finance (DeFi) Fund LLC) Price-to-Tangible-Book : 1.23 (As of May. 12, 2024)

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What is Grayscale Decentralized Finance (DeFi) Fund LLC Price-to-Tangible-Book?

As of today (2024-05-12), Grayscale Decentralized Finance (DeFi) Fund LLC's share price is $23.00. Grayscale Decentralized Finance (DeFi) Fund LLC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.77. Hence, Grayscale Decentralized Finance (DeFi) Fund LLC's Price to Tangible Book Ratio of today is 1.23.

The historical rank and industry rank for Grayscale Decentralized Finance (DeFi) Fund LLC's Price-to-Tangible-Book or its related term are showing as below:

DEFG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 1.14 Max: 1.69
Current: 1.23

During the past 2 years, Grayscale Decentralized Finance (DeFi) Fund LLC's highest Price to Tangible Book Ratio was 1.69. The lowest was 0.53. And the median was 1.14.

DEFG's Price-to-Tangible-Book is ranked worse than
77.05% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs DEFG: 1.23

A closely related ratio is called PB Ratio. As of today, Grayscale Decentralized Finance (DeFi) Fund LLC's share price is $23.00. Grayscale Decentralized Finance (DeFi) Fund LLC's Book Value per Sharefor the quarter that ended in Dec. 2023 was $18.77. Hence, Grayscale Decentralized Finance (DeFi) Fund LLC's P/B Ratio of today is 1.23.

Grayscale Decentralized Finance (DeFi) Fund LLC Price-to-Tangible-Book Historical Data

The historical data trend for Grayscale Decentralized Finance (DeFi) Fund LLC's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Grayscale Decentralized Finance (DeFi) Fund LLC Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

1.14

Grayscale Decentralized Finance (DeFi) Fund LLC Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				1.69	0.53	1.14	1.43	1.12

Competitive Comparison of Grayscale Decentralized Finance (DeFi) Fund LLC's Price-to-Tangible-Book

For the Asset Management subindustry, Grayscale Decentralized Finance (DeFi) Fund LLC's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Decentralized Finance (DeFi) Fund LLC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Grayscale Decentralized Finance (DeFi) Fund LLC's Price-to-Tangible-Book falls into.

Grayscale Decentralized Finance (DeFi) Fund LLC Price-to-Tangible-Book Calculation

Grayscale Decentralized Finance (DeFi) Fund LLC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	23.00	/	18.772
	=	1.23

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Grayscale Decentralized Finance (DeFi) Fund LLC Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Grayscale Decentralized Finance (DeFi) Fund LLC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Grayscale Decentralized Finance (DeFi) Fund LLC (OTCPK:DEFG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

290 Harbor Drive, 4th Floor, Stamford, CT, USA, 06902

Website

https://www.grayscale.com

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.

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