According to Plug Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.25. At the end of 2021 the company had a P/E ratio of -34.4.
|Company||P/E ratio||P/E ratio differencediff.||Country|
Procter & Gamble
Air Products and Chemicals
|< -1000||20,518.87%||🇺🇸 USA|
Capstone Green Energy
Ballard Power Systems
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.