Ballard Power Systems (XBUL:PO0) Beta: N/A (As of Jul. 24, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBUL:PO0 Ballard Power Systems Inc XBUL:PO0
76 GF Score
Price €1.77
GF Value €1.77
! 4 Warning Signs
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What is Ballard Power Systems Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-24), Ballard Power Systems's Beta is Not available.

Ballard Power Systems  (XBUL:PO0) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Ballard Power Systems Beta Related Terms

Ballard Power Systems Beta Historical Data

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The historical data trend for Ballard Power Systems's Beta 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.

Ballard Power Systems Beta Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ballard Power Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
XBUL:PO0
76GF Score
Ballard Power Systems Inc XBUL:PO0
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Is Ballard Power Systems (XBUL:PO0) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be undervalued. The current stock price of €1.77 is trading 0.2% below its estimated GF Value™ of €1.77.

Key valuation signals for XBUL:PO0:

  • Beta: N/A
  • GF Value™: €1.77 vs. price of €1.77 (0.2% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the XBUL:PO0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ballard Power Systems Business Description

Address 9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
76GF Score

Get the complete analysis for XBUL:PO0

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.77
Price
€1.77
GF Value