Ballard Power Systems P/E 2024

Ballard Power Systems P/E

-4.79

Ballard Power Systems Dividend yield

Ticker

BLDP.TO

ISIN

CA0585861085

WKN

A0RENB

As of May 17, 2024, Ballard Power Systems's P/E ratio was -4.79, a -33.38% change from the -7.19 P/E ratio recorded in the previous year.

The Ballard Power Systems P/E history

Ballard Power Systems Aktienanalyse

What does Ballard Power Systems do?

Ballard Power Systems Inc. is a Canadian company that focuses on the manufacturing and sale of fuel cells. The company was founded in 1979 by Geoffrey Ballard and is headquartered in Burnaby, British Columbia, Canada. Since its founding, the company has become one of the world's leading providers of fuel cell technology. Ballard Power Systems specializes in the development of fuel cells that can be used for electricity and heat generation. The fuel cells produced by Ballard Power Systems are environmentally friendly, efficient, and range from small mobile systems to large stationary systems. The company's products are used in various applications, from the telecommunications industry to transportation and power generation. Since its founding, the company has focused on developing fuel cells that are based on hydrogen. The fuel cell converts the fuel, in this case hydrogen, and oxygen into electricity and heat. This technology provides an alternative to conventional fuels such as diesel and gasoline, making it suitable for use in various applications. Ballard Power Systems has divided its business activities into three products: - Fuel cells for heavy-duty vehicles: This includes fuel cell systems for buses, trucks, and trains. Heavy-duty vehicles are typically large consumers of diesel and gasoline fuels. Through the use of hydrogen-based fuel cell technology, these vehicles can be operated in a much more environmentally friendly and efficient manner. - Fuel cell systems for ships: Ballard Power Systems is also specialized in the development of fuel cell systems for ships. Ships are also significant consumers of diesel and gasoline fuels. By using hydrogen-based fuel cell technology, ships can be operated in a much more environmentally friendly and efficient manner. - Fuel cells for aviation: Ballard Power Systems has also started developing fuel cell systems for aviation. Fuel cells can be used here to supply power to aircraft and drones. Ballard Power Systems has introduced a variety of products to the market in recent years, including the FCgen® HPS system, the FCveloCity® fuel cell system, and the FCmove™ train system. These products have helped establish the company as one of the world's leading providers of fuel cell systems. In summary, Ballard Power Systems Inc. plays a leading role in the development and manufacturing of hydrogen-based fuel cell systems. The company has introduced a variety of products to the market in recent years and has specialized in various applications in the areas of heavy-duty vehicles, ships, and aviation. Ballard Power Systems aims to improve the environmental friendliness and efficiency of vehicles and other applications through the use of fuel cell technology. Ballard Power Systems ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Ballard Power Systems's P/E Ratio

The Price to Earnings (P/E) Ratio of Ballard Power Systems is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Ballard Power Systems's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Ballard Power Systems is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Ballard Power Systems’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Ballard Power Systems Stock

What is the price-to-earnings ratio of Ballard Power Systems?

The price-earnings ratio of Ballard Power Systems is currently -4.79.

How has the price-earnings ratio of Ballard Power Systems changed compared to last year?

The price-to-earnings ratio of Ballard Power Systems has increased by -33.38% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Ballard Power Systems high compared to other companies?

Yes, the price-to-earnings ratio of Ballard Power Systems is high compared to other companies.

How does an increase in the price-earnings ratio of Ballard Power Systems affect the company?

An increase in the price-earnings ratio of Ballard Power Systems would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Ballard Power Systems affect the company?

A decrease in the price-earnings ratio of Ballard Power Systems would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Ballard Power Systems?

Some factors that influence the price-earnings ratio of Ballard Power Systems are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Ballard Power Systems pay?

Over the past 12 months, Ballard Power Systems paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Ballard Power Systems is expected to pay a dividend of 0 USD.

What is the dividend yield of Ballard Power Systems?

The current dividend yield of Ballard Power Systems is .

When does Ballard Power Systems pay dividends?

Ballard Power Systems pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Ballard Power Systems?

Ballard Power Systems paid dividends every year for the past 0 years.

What is the dividend of Ballard Power Systems?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Ballard Power Systems located?

Ballard Power Systems is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Ballard Power Systems kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ballard Power Systems from 5/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.

When did Ballard Power Systems pay the last dividend?

The last dividend was paid out on 5/17/2024.

What was the dividend of Ballard Power Systems in the year 2023?

In the year 2023, Ballard Power Systems distributed 0 USD as dividends.

In which currency does Ballard Power Systems pay out the dividend?

The dividends of Ballard Power Systems are distributed in USD.

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Andere Kennzahlen von Ballard Power Systems

Our stock analysis for Ballard Power Systems Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ballard Power Systems Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.