Ballard Power Systems (Ballard Power Systems) Price-to-Tangible-Book : 0.80 (As of Apr. 25, 2024)

View and export this data going back to 1999. Start your Free Trial

What is Ballard Power Systems Price-to-Tangible-Book?

As of today (2024-04-25), Ballard Power Systems's share price is $2.54. Ballard Power Systems's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.18. Hence, Ballard Power Systems's Price to Tangible Book Ratio of today is 0.80.

The historical rank and industry rank for Ballard Power Systems's Price-to-Tangible-Book or its related term are showing as below:

BLDP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 4.34 Max: 12.64
Current: 0.81

During the past 13 years, Ballard Power Systems's highest Price to Tangible Book Ratio was 12.64. The lowest was 0.81. And the median was 4.34.

BLDP's Price-to-Tangible-Book is ranked better than
85.01% of 2822 companies
in the Industrial Products industry
Industry Median: 2.07 vs BLDP: 0.81

A closely related ratio is called PB Ratio. As of today, Ballard Power Systems's share price is $2.54. Ballard Power Systems's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.32. Hence, Ballard Power Systems's P/B Ratio of today is 0.77.

Ballard Power Systems Price-to-Tangible-Book Historical Data

The historical data trend for Ballard Power Systems's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ballard Power Systems Price-to-Tangible-Book Chart

Ballard Power Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

8.21

7.70

3.01

1.31

1.16

Ballard Power Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.31	1.57	1.27	1.10	1.16

Competitive Comparison of Ballard Power Systems's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Ballard Power Systems's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ballard Power Systems's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's Price-to-Tangible-Book falls into.

Ballard Power Systems Price-to-Tangible-Book Calculation

Ballard Power Systems's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.54	/	3.176
	=	0.80

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Ballard Power Systems Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Ballard Power Systems's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Ballard Power Systems (Ballard Power Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ballard Power Systems Inc (NAS:BLDP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

0QY5:UK PO0:Germany BLDP:Canada

Address

9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8

Website

https://www.ballard.com

Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.