Ballard Power Systems BLDP
NASDAQ BLDP
$2.36 -0.01 (-0.42%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Price to Book (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly Price to Book came in at 2.09 in Q2 2026, up 178.84% year-over-year from 0.75 in Q2 2025, and up 65.97% quarter-over-quarter from 1.26 in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Price to Book (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Price to Book for 18 consecutive years, with 2.09 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Price to Book rose 178.84% year-over-year to 2.09 in Q2 2026; TTM through Jun 2026 was 2.09, a 178.84% increase from a year earlier, with the FY2025 full-year figure at 1.3, up 75.34% from the prior year.
  • Price to Book was 2.09 for Q2 2026 at Ballard Power Systems, up from 1.26 in the prior quarter.
  • Over five years, Price to Book peaked at 2.7 in Q1 2022 and troughed at 0.5 in Q1 2025.
  • A 5-year average of 1.23 and a median of 1.21 in 2023 frame the typical range for Price to Book.
  • Across the five-year window, Price to Book sank 60.68% in 2022 and jumped 178.84% in 2026, its largest moves.
  • Over 5 years, Price to Book stood at 1.23 in 2022, then declined by 9.52% to 1.12 in 2023, then plunged by 33.81% to 0.74 in 2024, then jumped by 75.34% to 1.3 in 2025, then soared by 61.41% to 2.09 in 2026.
  • The last three Price to Book figures came in at 2.09 (Q2 2026), 1.26 (Q1 2026), and 1.3 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bloom Energy 77.62 Bn 74.95 Bn 355.57 Mn
2 Fuelcell Energy 35.19 Bn 34.53 Bn -24.50 Mn
3 Ballard Power Systems 706.87 Mn 201.72 Mn 4.08 Mn
4 Sunhydrogen 93.29 Mn 93.29 Mn -45,724.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.09
Mar 31, 2026 1.26
Dec 31, 2025 1.30
Sep 30, 2025 1.35
Jun 30, 2025 0.75
Mar 31, 2025 0.50
Dec 31, 2024 0.74
Sep 30, 2024 0.75
Jun 30, 2024 0.73
Mar 31, 2024 0.87
Dec 31, 2023 1.12
Sep 30, 2023 1.06
Jun 30, 2023 1.19
Mar 31, 2023 1.47
Dec 31, 2022 1.23
Sep 30, 2022 1.53
Jun 30, 2022 1.52
Mar 31, 2022 2.70
Dec 31, 2021 2.82
Sep 30, 2021 3.07