P/E ratio for Plug Power (PLUG)

P/E ratio history for Plug Power from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Ballard Power Systems BLDP	-3.45	92.54%	🇨🇦 Canada
FuelCell Energy FCEL	-33.6	1,777.60%	🇺🇸 USA
Capstone Green Energy CGRN	-0.3190	-82.18%	🇺🇸 USA
Walmart WMT	17.7	-1,087.06%	🇺🇸 USA
Procter & Gamble PG	26.5	-1,583.06%	🇺🇸 USA
Air Products and Chemicals APD	29.9	-1,769.50%	🇺🇸 USA
Lowe's Companies LOW	24.4	-1,460.62%	🇺🇸 USA
General Electric GE	19.7	-1,200.01%	🇺🇸 USA

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.