Ballard Power Systems Inc
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary power, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including techn… Read more
Market Cap & Net Worth: Ballard Power Systems Inc (BLDP)
Ballard Power Systems Inc (NASDAQ:BLDP) has a market capitalization of $805.98 Million ($805.98 Million) as of March 19, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #9072 globally and #4444 in its home market, demonstrating a 34.67% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Ballard Power Systems Inc's stock price $2.68 by its total outstanding shares 300738656 (300.74 Million).
Ballard Power Systems Inc Market Cap History: 2015 to 2026
Ballard Power Systems Inc's market capitalization history from 2015 to 2026. Data shows growth from $469.15 Million to $805.98 Million (5.73% CAGR).
Index Memberships
Ballard Power Systems Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #970 of 3165 |
Weight: Ballard Power Systems Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Ballard Power Systems Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Ballard Power Systems Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
7.16x
Ballard Power Systems Inc's market cap is 7.16 times its annual revenue
0.28x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $469.15 Million | $56.46 Million | -$5.82 Million | 8.31x | N/A |
| 2016 | $496.22 Million | $85.27 Million | -$21.69 Million | 5.82x | N/A |
| 2017 | $1.33 Billion | $121.29 Million | -$8.05 Million | 10.93x | N/A |
| 2018 | $718.77 Million | $96.59 Million | -$27.32 Million | 7.44x | N/A |
| 2019 | $2.16 Billion | $105.72 Million | -$39.05 Million | 20.42x | N/A |
| 2020 | $7.04 Billion | $103.88 Million | -$51.38 Million | 67.75x | N/A |
| 2021 | $3.78 Billion | $104.50 Million | -$114.40 Million | 36.14x | N/A |
| 2022 | $1.44 Billion | $83.80 Million | -$173.49 Million | 17.19x | N/A |
| 2023 | $1.11 Billion | $102.37 Million | -$177.72 Million | 10.87x | N/A |
| 2024 | $499.23 Million | $69.73 Million | -$324.25 Million | 7.16x | N/A |
Competitor Companies of BLDP by Market Capitalization
Companies near Ballard Power Systems Inc in the global market cap rankings as of March 19, 2026.
Key companies related to Ballard Power Systems Inc by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #157 globally with a market cap of $118.93 Billion USD ( CN¥872.65 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #225 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #371 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #157 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $118.93 Billion | CN¥405.00 |
| #225 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $268.41 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #371 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.00 |
Ballard Power Systems Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Ballard Power Systems Inc's market cap moved from $469.15 Million to $ 805.98 Million, with a yearly change of 5.73%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $805.98 Million | +5.51% |
| 2025 | $763.88 Million | +53.01% |
| 2024 | $499.23 Million | -55.14% |
| 2023 | $1.11 Billion | -22.76% |
| 2022 | $1.44 Billion | -61.86% |
| 2021 | $3.78 Billion | -46.32% |
| 2020 | $7.04 Billion | +225.91% |
| 2019 | $2.16 Billion | +200.42% |
| 2018 | $718.77 Million | -45.80% |
| 2017 | $1.33 Billion | +167.27% |
| 2016 | $496.22 Million | +5.77% |
| 2015 | $469.15 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Ballard Power Systems Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $805.98 Million USD |
| MoneyControl | $805.98 Million USD |
| MarketWatch | $805.98 Million USD |
| marketcap.company | $805.98 Million USD |
| Reuters | $805.98 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.