Ballard Power Systems (BLDP) Price to Earnings (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly Price to Earnings came in at 57.84 in Q2 2026, down 193.97% year-over-year from 61.55 in Q2 2025, and up 18.53% quarter-over-quarter from 70.99 in Q1 2026.
Analysis
Ballard Power Systems (BLDP) Price to Earnings (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Price to Earnings for 18 consecutive years, with 57.84 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Earnings fell 193.97% year-over-year to 57.84 in Q2 2026; TTM through Jun 2026 was 15.38, a 857.17% decrease from a year earlier, with the FY2025 full-year figure at 8.41, down 448.38% from the prior year.
- Price to Earnings was 57.84 for Q2 2026 at Ballard Power Systems, up from 70.99 in the prior quarter.
- Over five years, Price to Earnings peaked at 2.63 in Q3 2024 and troughed at 84.98 in Q1 2022.
- A 5-year average of 35.04 and a median of 31.45 in 2025 frame the typical range for Price to Earnings.
- Across the five-year window, Price to Earnings jumped 86.28% in 2022 and plunged 1007.74% in 2025, its largest moves.
- Over 5 years, Price to Earnings stood at 46.33 in 2022, then soared by 53.42% to 21.58 in 2023, then soared by 50.44% to 10.7 in 2024, then plunged by 307.52% to 43.59 in 2025, then slumped by 32.69% to 57.84 in 2026.
- The last three Price to Earnings figures came in at 57.84 (Q2 2026), 70.99 (Q1 2026), and 43.59 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bloom Energy | 74.18 Bn | 71.54 Bn | 355.57 Mn |
| 2 | Fuelcell Energy | 38.38 Bn | 37.73 Bn | -24.50 Mn |
| 3 | Ballard Power Systems | 703.84 Mn | 198.69 Mn | 4.08 Mn |
| 4 | Sunhydrogen | 114.56 Mn | 114.56 Mn | -45,724.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -57.84 |
| Mar 31, 2026 | -70.99 |
| Dec 31, 2025 | -43.59 |
| Sep 30, 2025 | -29.12 |
| Jun 30, 2025 | -19.67 |
| Mar 31, 2025 | -15.69 |
| Dec 31, 2024 | -10.70 |
| Sep 30, 2024 | -2.63 |
| Jun 30, 2024 | -21.50 |
| Mar 31, 2024 | -20.17 |
| Dec 31, 2023 | -21.58 |
| Sep 30, 2023 | -17.56 |
| Jun 30, 2023 | -43.27 |
| Mar 31, 2023 | -48.72 |
| Dec 31, 2022 | -46.33 |
| Sep 30, 2022 | -42.56 |
| Jun 30, 2022 | -33.77 |
| Mar 31, 2022 | -84.98 |
| Dec 31, 2021 | -85.31 |
| Sep 30, 2021 | -135.57 |