10 Value Investing Metrics for Crypto Investors in 2025
The convergence of traditional value investing metrics with cryptocurrency analysis is reshaping portfolio strategies. As institutional adoption accelerates, these ten metrics serve as critical filters for identifying undervalued digital assets.
Price-to-Earnings (P/E) Ratio—often dismissed in crypto—now gains relevance with Bitcoin miners and staking platforms generating consistent cash flows. Ethereum's post-merge financials particularly reward this analysis.
Free Cash Flow Yield separates viable projects from speculative tokens. Layer 1 chains like Solana and Avalanche now disclose treasury burn rates, while DeFi protocols like Aave and Uniswap demonstrate real revenue capture.
The Graham Number's ceiling valuation principle finds unexpected utility in assessing proof-of-work assets. Bitcoin's production cost floor and Ethereum's staking yield create mathematically defensible price anchors.
Net Current Asset Value (NCAV) exposes hidden balance sheet strengths. Exchange tokens (BNB, OKB) and wrapped asset protocols (WBTC, STETH) now warrant traditional accounting scrutiny.