Plug Power (PLUG) - P/S ratio

P/S ratio as of December 2025 (TTM): 4.53

According to Plug Power's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.04. At the end of 2025 the company had a P/S ratio of 4.08.

P/S ratio history for Plug Power from 2001 to 2025

PS ratio at the end of each year

Year	P/S ratio	Change
2025	4.08	18.37%
2024	3.45	12.82%
2023	3.06	-70.26%
2022	10.3	-68.26%
2021	32.4
2020	N/A	-100%
2019	4.05	160.18%
2018	1.56	-69.38%
2017	5.08	101.49%
2016	2.52	-31.44%
2015	3.68	-54.54%
2014	8.09	30.79%
2013	6.19	744.93%
2012	0.7323	-56.38%
2011	1.68	-33.19%
2010	2.51	-66.43%
2009	7.49	48.64%
2008	5.04	-76.39%
2007	21.3	-50.49%
2006	43.1	31.97%
2005	32.7	17.75%
2004	27.7	-34.37%
2003	42.2	118.04%
2002	19.4	-74.71%
2001	76.6

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Ballard Power Systems BLDP	9.40	107.56%	🇨🇦 Canada
FuelCell Energy FCEL	2.62	-42.19%	🇺🇸 USA
Capstone Green Energy CGRN	0.0908	-98.00%	🇺🇸 USA
Walmart WMT	1.32	-70.75%	🇺🇸 USA
Procter & Gamble PG	3.95	-12.68%	🇺🇸 USA
Air Products and Chemicals APD	4.81	6.30%	🇺🇸 USA
Lowe's Companies LOW	1.67	-63.18%	🇺🇸 USA
General Electric GE	6.85	51.34%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Plug Power (PLUG)

P/S ratio as of December 2025 (TTM): 4.53