Ballard Power Systems (BLDP) Price to Sales (2009 - 2026)
Ballard Power Systems' Price to Sales was 11.02 in the quarter ended Jun 30, 2026, up 67.6% from 6.58 a year earlier and up 56.6% from the prior quarter.
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Analysis
Ballard Power Systems (BLDP) Price to Sales (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Price to Sales at Ballard Power Systems came in at 7.69, up 7.9% from the prior year.
- In earlier years, Price to Sales was 7.13 in the year ended Dec 31, 2024 (-34.0%), 10.80 in the year ended Dec 31, 2023 (-38.1%), 17.46 in the year ended Dec 31, 2022 (-51.2%) and 35.78 in the year ended Dec 31, 2021 (-43.7%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Price to Sales since the quarter ended Sep 30, 2023.
- Compared with a year earlier, Price to Sales has increased for five straight quarters, with growth averaging 5.8% over the last eight quarters.
- The best year-over-year quarter for Price to Sales over five years was the quarter ended Jun 30, 2026 (growth of 67.6%); the worst was the quarter ended Jun 30, 2022 (a decline of 77.1%).
- Per Business Quant data, BLDP's Price to Sales in the three quarters before the quarter ended Jun 30, 2026 was 7.04 (quarter ended Mar 31, 2026), 7.69 (quarter ended Dec 31, 2025) and 9.06 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 216.95 Bn | 178.02 Bn | 2.36 Bn |
| 2 | Bloom Energy | 57.07 Bn | 47.00 Bn | 417.10 Mn |
| 3 | First Solar | 18.48 Bn | 9.43 Bn | 605.00 Mn |
| 4 | Nextpower | 11.96 Bn | 7.86 Bn | 335.85 Mn |
| 5 | BWX Technologies | 11.65 Bn | 9.95 Bn | 202.31 Mn |
| 6 | Generac Holdings | 11.03 Bn | 9.86 Bn | 521.81 Mn |
| 7 | EnerSys | 6.03 Bn | 4.22 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.18 Bn | -683.79 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.62 Bn | 1.51 Bn | 133.10 Mn |
| 10 | Ballard Power Systems | 442.15 Mn | -1.64 Bn | 4.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.02 |
| Mar 31, 2026 | 7.04 |
| Dec 31, 2025 | 7.69 |
| Sep 30, 2025 | 9.06 |
| Jun 30, 2025 | 6.58 |
| Mar 31, 2025 | 4.66 |
| Dec 31, 2024 | 7.13 |
| Sep 30, 2024 | 5.86 |
| Jun 30, 2024 | 6.46 |
| Mar 31, 2024 | 8.03 |
| Dec 31, 2023 | 10.80 |
| Sep 30, 2023 | 14.78 |
| Jun 30, 2023 | 19.03 |
| Mar 31, 2023 | 22.45 |
| Dec 31, 2022 | 17.46 |
| Sep 30, 2022 | 18.24 |
| Jun 30, 2022 | 18.08 |
| Mar 31, 2022 | 32.12 |
| Dec 31, 2021 | 35.78 |
| Sep 30, 2021 | 43.38 |
API Access
Ballard Power Systems Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();