As of 2025-10-21, the EV/EBITDA ratio of Ballard Power Systems Inc (BLDP.TO) is -11.56. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. BLDP.TO's latest enterprise value is 1,529.95 mil CAD. BLDP.TO's TTM EBITDA according to its financial statements is -132.33 mil CAD. Dividing these 2 quantities gives us the above BLDP.TO EV/EBITDA ratio.
Note: valuation result may not be accurate due to the company's negative EBITDA.
| Range | Selected | |
| Trailing P/E multiples | 8.4x - 10.4x | 9.0x |
| Forward P/E multiples | 8.4x - 11.5x | 9.0x |
| Fair Price | (5.16) - (6.42) | (5.57) |
| Upside | -201.4% - -226.1% | -209.5% |
| Date | EV/EBITDA |