As of today (2024-04-19), Plug Power's share price is $2.72. Plug Power's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.47. Hence, Plug Power's Price to Tangible Book Ratio of today is 0.61.
The historical rank and industry rank for Plug Power's Price-to-Tangible-Book or its related term are showing as below:
PLUG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 3.4 Max: 32.7
Current: 0.61
During the past 13 years, Plug Power's highest Price to Tangible Book Ratio was 32.70. The lowest was 0.59. And the median was 3.40.
PLUG's Price-to-Tangible-Book is ranked better than 90.68% of 2821
companies
in the Industrial Products industry
Industry Median: 2.06
vs PLUG: 0.61
A closely related ratio is called PB Ratio. As of today, Plug Power's share price is $2.72. Plug Power's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.78. Hence, Plug Power's P/B Ratio of today is 0.57.
Plug Power Price-to-Tangible-Book Historical Data
The historical data trend for Plug Power'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.
Plug Power Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
7.65
32.70
3.86
2.03
1.01
Plug Power 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
2.03
2.01
1.90
1.50
1.01
Competitive Comparison
For the Electrical Equipment & Parts subindustry, Plug Power'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.
Plug Power Price-to-Tangible-Book Distribution
For the Industrial Products industry and Industrials sector, Plug Power's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Plug Power's Price-to-Tangible-Book falls into.
Plug Power Price-to-Tangible-Book Calculation
Plug Power's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
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.
Plug Power Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Plug Power's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PLUG has been successfully added to your 