Is Bloom Energy Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Bloom Energy Corp. has moved from expensive to fair. The company appears to be fairly valued based on its metrics, with a P/E ratio of 148, a Price to Book Value of 8.75, and an EV to EBITDA of 36.81. In comparison, its peer, which is also in the electronics and appliances industry, has a significantly higher P/E ratio of 215.17, indicating that Bloom Energy may be more attractively priced relative to its peers.
The company's recent stock performance has been impressive, with a year-to-date return of 402.03%, significantly outpacing the S&P 500's return of 13.30% over the same period. This strong performance reinforces the narrative that Bloom Energy is fairly valued in the current market context.