Ballard Power Systems (BLDP)

P/S ratio as of December 2025 (TTM): 9.33

According to Ballard Power Systems 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.39. At the end of 2025 the company had a P/S ratio of 9.16.

P/S ratio history for Ballard Power Systems from 2001 to 2025

PS ratio at the end of each year

Year	P/S ratio	Change
2025	9.16	26.21%
2024	7.26	-33.19%
2023	10.9	-36.31%
2022	17.1	-51.95%
2021	35.5	-44%
2020	63.4	305.76%
2019	15.6	170.24%
2018	5.78	-10.83%
2017	6.48	92.16%
2016	3.37	-21.63%
2015	4.30	9.66%
2014	3.92	44.35%
2013	2.72	59.07%
2012	1.71	42.61%
2011	1.20	-38.25%
2010	1.94	-43.18%
2009	3.42	119.31%
2008	1.56	-83.14%
2007	9.24	-41.02%
2006	15.7	78.57%
2005	8.77	-11.37%
2004	9.90	-15.37%
2003	11.7	0.36%
2002	11.7	-72.56%
2001	42.5

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
FuelCell Energy FCEL	2.70	-71.04%	🇺🇸 USA
Plug Power PLUG	4.54	-51.35%	🇺🇸 USA
Capstone Green Energy CGRN	0.0908	-99.03%	🇺🇸 USA
Canadian Solar CSIQ	0.2752	-97.05%	🇨🇦 Canada

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P/S ratio for Ballard Power Systems (BLDP)

P/S ratio as of December 2025 (TTM): 9.33