Next Hydrogen Solutions Inc. Market Cap ($20.06 Million)
Market Cap & Net Worth: Next Hydrogen Solutions Inc. (NXH)
Next Hydrogen Solutions Inc. market cap. Next Hydrogen Solutions Inc. (V:NXH) has a market capitalization of $20.06 Million (CA$27.73 Million) as of November 4, 2026. Listed on the V stock exchange, this Canada-based company holds position #24948 globally and #951 in its home market, demonstrating a -13.04% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Next Hydrogen Solutions Inc.'s stock price CA$0.40 by its total outstanding shares 69312949 (69.31 Million). Also see NXH cash flow metrics for how efficiently the company converts equity into cash flow.
Next Hydrogen Solutions Inc. Market Cap History (2021–2026)
Next Hydrogen Solutions Inc. market cap history from 2021 to 2026. Data shows change from $167.97 Million to $20.06 Million (-44.23% CAGR). Check latest Next Hydrogen Solutions Inc. stock price today for real-time trading data and today's change.
Next Hydrogen Solutions Inc. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Next Hydrogen Solutions 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. Explore Next Hydrogen Solutions Inc. (NXH) equity growth momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
8.06x
Next Hydrogen Solutions Inc.'s market cap is 8.06 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 |
|---|---|---|---|---|---|
| 2021 | $167.97 Million | $177.59K | -$25.01 Million | 945.83x | N/A |
| 2022 | $60.17 Million | $721.59K | -$14.28 Million | 83.38x | N/A |
| 2023 | $36.10 Million | $951.91K | -$12.01 Million | 37.92x | N/A |
| 2024 | $35.10 Million | $1.36 Million | -$14.60 Million | 25.76x | N/A |
| 2025 | $27.58 Million | $3.42 Million | -$7.65 Million | 8.06x | N/A |
Competitor Companies of NXH by Market Capitalization
Companies near Next Hydrogen Solutions Inc. in the global market cap rankings as of November 4, 2026. Also see total assets of Next Hydrogen Solutions Inc. for a full breakdown of the balance sheet.
Key companies related to Next Hydrogen Solutions Inc. by market ranking:
- GE Vernova LLC (NYSE:GEV): Ranked #79 globally with a market cap of $246.74 Billion USD.
- Siemens Aktiengesellschaft (XETRA:SIE): Ranked #91 globally with a market cap of $218.11 Billion USD ( €186.56 Billion EUR).
- SIEMENS AG SP. ADR 1/ 1/2 (F:SIEB): Ranked #121 globally with a market cap of $177.31 Billion USD ( €151.67 Billion EUR).
- Schneider Electric S.E. (PA:SU): Ranked #148 globally with a market cap of $157.90 Billion USD ( €135.06 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #79 | GE Vernova LLC | NYSE:GEV | $246.74 Billion | $918.20 |
| #91 | Siemens Aktiengesellschaft | XETRA:SIE | $218.11 Billion | €269.75 |
| #121 | SIEMENS AG SP. ADR 1/ 1/2 | F:SIEB | $177.31 Billion | €119.00 |
| #148 | Schneider Electric S.E. | PA:SU | $157.90 Billion | €239.75 |
Market Capitalization of Next Hydrogen Solutions Inc. (2021–2026)
Market capitalization of Next Hydrogen Solutions Inc. from 2021 to today. Between 2021 and today, Next Hydrogen Solutions Inc.'s market cap moved from $167.97 Million to $ 20.06 Million, with a yearly change of -44.23%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$20.06 Million | -27.27% |
| 2025 | CA$27.58 Million | -21.43% |
| 2024 | CA$35.10 Million | -2.78% |
| 2023 | CA$36.10 Million | -40.00% |
| 2022 | CA$60.17 Million | -64.18% |
| 2021 | CA$167.97 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of Next Hydrogen Solutions Inc. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $20.06 Million USD |
| MoneyControl | $20.06 Million USD |
| MarketWatch | $20.06 Million USD |
| marketcap.company | $20.06 Million USD |
| Reuters | $20.06 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Next Hydrogen Solutions Inc.
Next Hydrogen Solutions Inc. designs, manufactures, and sells electrolyzers and other plant equipment to generate clean hydrogen in Canada. Next Hydrogen Solutions Inc. was founded in 2007 and is headquartered in Mississauga, Canada.