Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and backup power. It also provides technology solutions, including engineering and technology transfer, as well as licenses and sells intellectual property portfolio and fundamental knowledge for various PEM fuel cell applications; and hydrogen fuel cell powertrain and vehicle systems integration solutions. It operates in China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, Sweden, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.
P/S ratio for Ballard Power Systems Inc. (BLDP)
P/S ratio as of 2023: 10.60
According to Ballard Power Systems Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 10.60. At the end of 2022 the company had a P/S ratio of 17.04.
P/S ratio history for Ballard Power Systems Inc. from 1993 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 10.60 |
| 2022 | 17.04 |
| 2021 | 35.49 |
| 2020 | 55.97 |
| 2019 | 15.72 |
| 2018 | 4.60 |
| 2017 | 6.39 |
| 2016 | 3.16 |
| 2015 | 3.88 |
| 2014 | 3.67 |
| 2013 | 2.47 |
| 2012 | 1.22 |
| 2011 | 1.20 |
| 2010 | 1.94 |
| 2009 | 3.38 |
| 2008 | 1.61 |
| 2007 | 9.20 |
| 2006 | 12.95 |
| 2005 | 9.31 |
| 2004 | 9.87 |
| 2003 | 11.62 |
| 2002 | 12.83 |
| 2001 | 44.49 |
| 2000 | 181.98 |
| 1999 | 101.60 |
| 1998 | 118.83 |
| 1997 | 60.06 |
| 1996 | 16.26 |
| 1995 | 7.91 |
| 1994 | 7.23 |
| 1993 | 7.65 |