Plug Power
PLUG
#1594
Rank
$9.26 B
Marketcap
$15.90
Share price
-1.49%
Change (1 day)
-27.60%
Change (1 year)

P/E ratio for Plug Power (PLUG)

P/E ratio as of February 2023 (TTM): -13.3

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.

P/E ratio history for Plug Power from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-34.440.1%
2020-24.6
2018-3.44-13.89%
2017-4.00
2014-4.62135.24%
2013-1.96268.86%
2012-0.5319

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
43.0-424.62%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-264.95%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2-313.16%๐Ÿ‡บ๐Ÿ‡ธ USA
< -1000 20,518.87%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-256.81%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.76-26.32%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.68-87.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.2-15.52%๐Ÿ‡จ๐Ÿ‡ฆ Canada

How to read a P/E ratio?

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.