Ballard Power Systems Inc (TO:BLDP) — Market Cap & Net Worth
Market Cap & Net Worth: Ballard Power Systems Inc (BLDP)
Ballard Power Systems Inc (TO:BLDP) has a market capitalization of $657.00 Million (CA$908.23 Million) as of September 19, 2026. Listed on the TO stock exchange, this Canada-based company holds position #10967 globally and #321 in its home market, demonstrating a -2.27% decrease 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 CA$3.02 by its total outstanding shares 300738656 (300.74 Million). Also see how large is Ballard Power Systems Inc's balance sheet for a full breakdown of the balance sheet.
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 $467.73 Million to $657.00 Million (4.09% CAGR). Also see Ballard Power Systems Inc cash conversion from operations for how efficiently the company converts equity into cash flow.
Index Memberships
Ballard Power Systems Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.87 Trillion | 0.02% | #199 of 225 |
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. Check BLDP share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
7.46x
Ballard Power Systems Inc's market cap is 7.46 times its annual revenue
Latest 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 | $467.73 Million | $56.46 Million | -$5.82 Million | 8.28x | N/A |
| 2016 | $482.96 Million | $85.27 Million | -$21.69 Million | 5.66x | N/A |
| 2017 | $1.21 Billion | $121.29 Million | -$8.05 Million | 9.97x | N/A |
| 2018 | $713.56 Million | $96.59 Million | -$27.32 Million | 7.39x | N/A |
| 2019 | $2.02 Billion | $106.33 Million | -$39.05 Million | 18.99x | N/A |
| 2020 | $6.48 Billion | $103.88 Million | -$49.47 Million | 62.37x | N/A |
| 2021 | $3.46 Billion | $104.50 Million | -$114.40 Million | 33.08x | N/A |
| 2022 | $1.41 Billion | $83.80 Million | -$173.49 Million | 16.82x | N/A |
| 2023 | $1.07 Billion | $102.37 Million | -$177.72 Million | 10.43x | N/A |
| 2024 | $519.94 Million | $69.73 Million | -$324.25 Million | 7.46x | N/A |
Competitor Companies of BLDP by Market Capitalization
Companies near Ballard Power Systems Inc in the global market cap rankings as of September 19, 2026. Review Ballard Power Systems Inc tangible book value ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Ballard Power Systems Inc by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #110 globally with a market cap of $194.78 Billion USD ( CN¥1.33 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #193 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #266 globally with a market cap of $96.01 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #282 globally with a market cap of $93.70 Billion USD ( ฿3.01 Trillion THB).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #110 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $194.78 Billion | CN¥301.95 |
| #193 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF80.02 |
| #266 | Vertiv Holdings Co | NYSE:VRT | $96.01 Billion | $249.39 |
| #282 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $93.70 Billion | ฿241.00 |
Ballard Power Systems Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Ballard Power Systems Inc's market cap moved from $467.73 Million to $ 657.00 Million, with a yearly change of 4.09%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$657.00 Million | -13.71% |
| 2025 | CA$761.42 Million | +46.44% |
| 2024 | CA$519.94 Million | -51.32% |
| 2023 | CA$1.07 Billion | -24.23% |
| 2022 | CA$1.41 Billion | -59.22% |
| 2021 | CA$3.46 Billion | -46.64% |
| 2020 | CA$6.48 Billion | +220.91% |
| 2019 | CA$2.02 Billion | +182.93% |
| 2018 | CA$713.56 Million | -41.01% |
| 2017 | CA$1.21 Billion | +150.45% |
| 2016 | CA$482.96 Million | +3.26% |
| 2015 | CA$467.73 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 19th, 2026 the market cap of Ballard Power Systems Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $657.00 Million USD |
| MoneyControl | $657.00 Million USD |
| MarketWatch | $657.00 Million USD |
| marketcap.company | $657.00 Million USD |
| Reuters | $657.00 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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