Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers SteelCell, a solid oxide fuel cell that generates power from conventional and sustainable fuels, such as natural gas, biogas, ethanol, and hydrogen. Its products are applied in commercial, data center, transport, and residential markets. Ceres Power Holdings plc has a collaboration and license agreement with Doosan Fuel Cell Co. Ltd to build a 50MW facility for the mass manufacture under license of Ceres' fuel cell stacks in South Korea. The company was incorporated in 2004 and is headquartered in Horsham, the United Kingdom.
P/B ratio for Ceres Power Holdings plc (CWR.L)
P/B ratio as of 2023: 1.95
According to Ceres Power Holdings plc's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.95. At the end of 2022 the company had a P/B ratio of 2.83.
P/B ratio history for Ceres Power Holdings plc from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.95 |
| 2022 | 2.83 |
| 2021 | 6.59 |
| 2020 | 17.65 |
| 2019 | 0.00 |
| 2018 | 2.86 |
| 2017 | 13.43 |
| 2016 | 5.11 |
| 2015 | 7.71 |
| 2014 | 3.59 |
| 2013 | 5.72 |
| 2012 | 1.68 |
| 2011 | 0.24 |
| 2010 | 1.13 |
| 2009 | 1.43 |
| 2008 | 6.06 |
| 2007 | 4.22 |
| 2006 | 13.39 |
| 2005 | 8.45 |
| 2004 | 3.01 |
| 2003 | 35.26 |
| 2002 | 22.11 |