Plug PowerXSWX:PLUG -0.95%42 PS Ratio is 4.39 as of Jun. 27, 2026, which is 22% above its 10-year median of 3.60. GuruFocus rates XSWX:PLUG with a GF Score™ of 42/100 and a GF Value™ of CHF1.20. The stock has 6 warning signs investors should review. Among 3,028 Industrial Products companies, Plug Power ranks worse than 72.95% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Plug Power's share price is CHF2.08.
Plug Power's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF0.47. Hence, Plug Power's PS Ratio for today is 4.39.
The historical rank and industry rank for Plug Power's PS Ratio or its related term are showing as below:
XSWX:PLUG'
s PS Ratio Range Over the Past 10 Years
Min: 1.03 Med: 3.6 Max: 35.98
Current: 4.3
During the past 13 years, Plug Power's highest PS Ratio was 35.98. The lowest was 1.03. And the median was 3.60.
XSWX:PLUG's PS Ratio is ranked worse than 72.95% of 3028
companies
in the Industrial Products industry
Industry Median: 2.095
vs XSWX:PLUG: 4.30
Plug Power Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Plug Power was -21.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -20.00% per year.
During the past 13 years, Plug Power's highest 3-Year average Revenue per Share Growth Rate was 28.30% per year. The lowest was -38.30% per year. And the median was -5.50% per year.
Back to Basics: PS Ratio
Plug Power (XSWX:PLUG) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Plug Power PS Ratio Related Terms
Plug Power PS Ratio Historical Data
* Premium members only.
The historical data trend for Plug Power's PS Ratio 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.
For the Electrical Equipment & Parts subindustry, Plug Power's PS Ratio, along with its competitors' market caps and PS Ratio 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 PS Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Plug Power's PS Ratio distribution charts can be found below:
* The bar in red indicates where Plug Power's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Plug Power's Share Price of today is CHF2.08. Plug Power's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF0.47.
* 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:
Plug Power (XSWX:PLUG) has a PS Ratio of 4.39 as of Jun. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Plug Power and its competitors. This is 22% above median its historical median of 3.60. Over the past decade, Plug Power's PS Ratio has ranged from 1.03 to 35.98. According to the industry distribution chart, Plug Power ranks #2209 out of 3028 companies in the Industrial Products industry, placing it in the top 73%.
Is Plug Power's PS Ratio too high?
Plug Power's current PS Ratio of 4.39 is 22% above median its 10-year median of 3.60. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 35.98. The Industrial Products industry median PS Ratio is 2.10. Plug Power's value of 4.39 is 109.5% above this industry median. Based on the distribution chart, Plug Power ranks #2209 out of 3028 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Plug Power has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Plug Power's PS Ratio compare to HAYW and TE?
According to the Industrial Products industry distribution chart, Plug Power ranks #2209 out of 3028 companies for PS Ratio. This places Plug Power in the lower half of its industry. The industry median PS Ratio is 2.10. Plug Power's value of 4.39 is 109.5% above this benchmark. Historically, Plug Power's own PS Ratio has ranged from 1.03 to 35.98 over the past decade. While the company's 10-year median is 3.60 vs. the industry median of 2.10, Plug Power has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.10, based on 3,028 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plug Power's current PS Ratio of 4.39 is 109.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Plug Power and its competitors. For the Industrial Products industry, the median PS Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plug Power's current PS Ratio is 4.39, which is 22% above median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Plug Power (XSWX:PLUG) has a current PS Ratio of 4.39. The stock's GF Value™ is CHF1.20, compared to a current price of CHF2.08 — trading 73.3% above its estimated fair value. The current PS Ratio is 4.39, which is 22% above median its 10-year median of 3.60 and 109.5% above the Industrial Products industry median of 2.10. Plug Power's overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Plug Power (XSWX:PLUG), the current PS Ratio is 4.39 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Plug Power (XSWX:PLUG) Overvalued in 2026?
Based on GuruFocus' analysis, Plug Power stock appears to be overvalued.
The current stock price of CHF2.08 is trading 73.3% above its estimated GF Value™ of CHF1.20.
Key valuation signals for XSWX:PLUG:
PS Ratio: 4.39 (22% above median its 10-year median of 3.60)
GF Value™: CHF1.20 vs. price of CHF2.08 (73.3% above fair value)
Industry Position: 109.5% above the Industrial Products median (#2209 of 3028)
No single metric tells the full story. See the XSWX:PLUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plug Power Inc 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.
42GF Score
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