Plug Power (PLUG) Price to Book (2010 - 2026)
Plug Power's Price to Book came in at 6.45 for Q2 2026, up 560.9% from 0.98 a year earlier and up 58.3% from the prior quarter.
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Analysis
Plug Power (PLUG) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Plug Power's Price to Book was 2.25, up 106.5% from FY2024.
- Going back by year, Price to Book was 1.09 in FY2024 (+2.6%), 1.06 in FY2023 (-41.2%), 1.81 in FY2022 (-49.0%) and 3.54 in FY2021 (-56.8%).
- The Q2 2026 figure represents the highest quarterly Price to Book since Q4 2020.
- Year-over-year, Price to Book has increased for five consecutive quarters, with growth averaging 157.0% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q2 2026 (growth of 560.9%), and the weakest in Q3 2021 (a decline of 67.1%).
- Business Quant data shows PLUG's Price to Book at 4.07 (Q1 2026), 2.25 (Q4 2025) and 1.80 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 2.71 Bn | 1.80 Bn | -1.68 Mn |
| 2 | Rex American Resources | 1.44 Bn | 86.32 Mn | 53.30 Mn |
| 3 | Green Plains | 1.06 Bn | 456.27 Mn | 113.03 Mn |
| 4 | Montauk Renewables | 391.06 Mn | 318.84 Mn | - |
| 5 | Clean Energy Fuels | 343.76 Mn | -312.04 Mn | 30.14 Mn |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn |
| 8 | Aemetis | 128.25 Mn | 112.00 Mn | 13.52 Mn |
| 9 | Verde Clean Fuels | 47.67 Mn | -150.80 Mn | - |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.45 |
| Mar 31, 2026 | 4.07 |
| Dec 31, 2025 | 2.25 |
| Sep 30, 2025 | 1.80 |
| Jun 30, 2025 | 0.98 |
| Mar 31, 2025 | 0.75 |
| Dec 31, 2024 | 1.09 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.87 |
| Dec 31, 2023 | 1.06 |
| Sep 30, 2023 | 1.31 |
| Jun 30, 2023 | 1.67 |
| Mar 31, 2023 | 1.79 |
| Dec 31, 2022 | 1.81 |
| Sep 30, 2022 | 2.90 |
| Jun 30, 2022 | 2.21 |
| Mar 31, 2022 | 3.69 |
| Dec 31, 2021 | 3.54 |
| Sep 30, 2021 | 3.13 |
API Access
Plug Power Price to Book 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-book&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "PLUG", "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-book&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();