Plug Power Inc (PLUG) is now in the Overvalued zone, suggesting that its current forward PS ratio of 3.77 is considered Overvalued compared with the five-year average of -26.28. The fair price of Plug Power Inc (PLUG) is between 0.87 to 1.78 according to relative valuation method. Compared to the current price of 1.81 USD , Plug Power Inc By Overvalued By 1.72%.

Relative Value

Fair Zone

0.87-1.78

Current Price：1.81

1.72%

Overvalued

P/E

EV/EBITDA

EV/EBIT

P/S

P/OCF

P/FCF

Trailing

Forward

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Plug Power Inc (PLUG) has a current Price-to-Book (P/B) ratio of 1.89. Compared to its 3-year average P/B ratio of 1.04, the current P/B ratio is approximately 82.08% higher. Relative to its 5-year average P/B ratio of 2.03, the current P/B ratio is about -7.03% higher. Plug Power Inc (PLUG) has a Forward Free Cash Flow (FCF) yield of approximately -22.04%. Compared to its 3-year average FCF yield of -58.47%, the current FCF yield is approximately -62.31% lower. Relative to its 5-year average FCF yield of -36.35%, the current FCF yield is about -39.38% lower.

Competitors Valuation Multiple

AI Analysis

The average P/S ratio for PLUG competitors is 2.87, providing a benchmark for relative valuation. Plug Power Inc Corp (PLUG.O) exhibits a P/S ratio of 3.77, which is 31.34% above the industry average. Given its robust revenue growth of 1.91%, this premium appears unsustainable.

P/E

P/S

EV/EBITDA

EV/EBIT

Earnings Growth

Market Cap

Performance Decomposition

AI Analysis

Market capitalization of PLUG increased by 0.00% over the past 1 year(s). The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.

The secondary factor is the Unknown, contributed 0.00% to the performance.

Overall, the performance of PLUG in the past 1 year(s) is driven by Unknown.

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Frequently Asked Questions

Is PLUG currently overvalued or undervalued?

What is Plug Power Inc (PLUG) fair value?

PLUG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. The fair price of Plug Power Inc (PLUG) is between 0.87 to 1.78 according to relative valuation method.

How does PLUG's valuation metrics compare to the industry average?

The average P/S ratio for PLUG's competitors is 2.87, providing a benchmark for relative valuation. Plug Power Inc Corp (PLUG) exhibits a P/S ratio of 3.77, which is 31.34% above the industry average. Given its robust revenue growth of 1.91%, this premium appears unsustainable.

What is the current P/B ratio for Plug Power Inc (PLUG) as of Mar 02 2026?

As of Mar 02 2026, Plug Power Inc (PLUG) has a P/B ratio of 1.89. This indicates that the market values PLUG at 1.89 times its book value.

What is the current FCF Yield for Plug Power Inc (PLUG) as of Mar 02 2026?

As of Mar 02 2026, Plug Power Inc (PLUG) has a FCF Yield of -22.04%. This means that for every dollar of Plug Power Inc's market capitalization, the company generates -22.04 cents in free cash flow.

What is the current Forward P/E ratio for Plug Power Inc (PLUG) as of Mar 02 2026?

As of Mar 02 2026, Plug Power Inc (PLUG) has a Forward P/E ratio of -5.95. This means the market is willing to pay $-5.95 for every dollar of Plug Power Inc's expected earnings over the next 12 months.

What is the current Forward P/S ratio for Plug Power Inc (PLUG) as of Mar 02 2026?

As of Mar 02 2026, Plug Power Inc (PLUG) has a Forward P/S ratio of 3.77. This means the market is valuing PLUG at $3.77 for every dollar of expected revenue over the next 12 months.

PLUG Valuation