Ballard Power Systems (XSWX:BLDP) ROE % Adjusted to Book Value: -6.16% (As of Mar. 2026)


XSWX:BLDP Ballard Power Systems Inc XSWX:BLDP
69 GF Score
Price CHF3.12
GF Value CHF2.44
! 3 Warning Signs
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What is Ballard Power Systems ROE % Adjusted to Book Value?

Ballard Power Systems XSWX:BLDP -7.14% 69 ROE % Adjusted to Book Value is -6.16% as of Mar. 2026. GuruFocus rates XSWX:BLDP with a GF Score™ of 69/100 and a GF Value™ of CHF2.44. The stock has 3 warning signs investors should review.

Ballard Power Systems's ROE % for the quarter that ended in Mar. 2026 was -7.76%. Ballard Power Systems's PB Ratio for the quarter that ended in Mar. 2026 was 1.26. Ballard Power Systems's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -6.16%.


Ballard Power Systems ROE % Adjusted to Book Value Related Terms


Ballard Power Systems ROE % Adjusted to Book Value Historical Data

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The historical data trend for Ballard Power Systems's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.05 -3.63 0.00 0.00 -10.26

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
ROE % Adjusted to Book Value 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 -8.88 -6.16

XSWX:BLDP vs VRT, BE: ROE % Adjusted to Book Value Comparison

For the Electrical Equipment & Parts subindustry, Ballard Power Systems's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's ROE % Adjusted to Book Value falls into.


XSWX:BLDP
69GF Score
Ballard Power Systems Inc XSWX:BLDP
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems ROE % Adjusted to Book Value Calculation

Ballard Power Systems's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-13.54% / 1.32
=-10.26%

Ballard Power Systems's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-7.76% / 1.26
=-6.16%

* 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.

What does a ROE % Adjusted to Book Value of -6.16% mean?
Ballard Power Systems (XSWX:BLDP) has a ROE % Adjusted to Book Value of -6.16% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' ROE % Adjusted to Book Value too high?
Ballard Power Systems' current ROE % Adjusted to Book Value is -6.16%. Overall, Ballard Power Systems has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' ROE % Adjusted to Book Value compare to VRT and BE?
Ballard Power Systems' ROE % Adjusted to Book Value of -6.16% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Industrial Products company?
A good ROE % Adjusted to Book Value depends on the Industrial Products industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current ROE % Adjusted to Book Value is -6.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current ROE % Adjusted to Book Value of -6.16%. The stock's GF Value™ is CHF2.44, compared to a current price of CHF3.12 — trading 27.9% above its estimated fair value. The current ROE % Adjusted to Book Value is -6.16%. Ballard Power Systems' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current ROE % Adjusted to Book Value is -6.16% as of Mar. 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 Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued. The current stock price of CHF3.12 is trading 27.9% above its estimated GF Value™ of CHF2.44.

Key valuation signals for XSWX:BLDP:

  • ROE % Adjusted to Book Value: -6.16%
  • GF Value™: CHF2.44 vs. price of CHF3.12 (27.9% above fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the XSWX:BLDP 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.
69GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF3.12
Price
CHF2.44
GF Value