According to Plug Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.23776. At the end of 2022 the company had a P/E ratio of -9.90.
Year | P/E ratio | Change |
---|---|---|
2022 | -9.90 | -71.25% |
2021 | -34.4 | 47.21% |
2020 | -23.4 | 173.83% |
2019 | -8.54 | 147.95% |
2018 | -3.44 | -13.89% |
2017 | -4.00 | 6.67% |
2016 | -3.75 | -43.13% |
2015 | -6.59 | 42.86% |
2014 | -4.62 | 135.24% |
2013 | -1.96 | 268.86% |
2012 | -0.5319 | -59.85% |
2011 | -1.32 | 27.81% |
2010 | -1.04 | -53.29% |
2009 | -2.22 | 198.01% |
2008 | -0.7445 | -87.18% |
2007 | -5.81 | -13.39% |
2006 | -6.71 | -13.71% |
2005 | -7.77 | -19.86% |
2004 | -9.70 | 17.72% |
2003 | -8.24 | 70.64% |
2002 | -4.83 | -14.38% |
2001 | -5.64 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.