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PLAGPlanet Green Holdings Corp.
$2.21$18M
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Planet Green Holdings Corp. (PLAG) Financial Ratios

Latest Ratios: P/E Ratio -0.7x · EV/EBITDA N/A · ROE -566.5%. (2005–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

PLAG Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$18M$18M$19M$36M$37M$25M$23M$19M$7M$7M$21M
Enterprise Value$23M$23M$21M$39M$41M$32M$19M$12M$6M$62M$73M
P/E Ratio →-0.66——————2.212.12——
P/S Ratio5.865.812.812.020.820.676.2017.081.071.320.26
P/B Ratio——1.621.830.910.491.230.911.00—0.31
P/FCF——20.56————————
P/OCF——20.39————————

P/E links to full P/E history page with 30-year chart

PLAG EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—7.663.092.220.910.855.2710.990.9112.140.91
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF——22.57————————

PLAG Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin3.3%3.3%11.3%9.0%9.7%10.2%34.9%58.0%4.5%-6.9%13.2%
Operating Margin-580.3%-580.3%-99.0%-37.2%-11.8%-16.5%-76.6%-27.4%-8.6%-809.3%-45.7%
Net Profit Margin-887.2%-887.2%-108.9%-118.0%-57.7%-25.8%-303.7%266.4%50.4%-631.7%-108.9%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-566.5%-566.5%-47.1%-69.4%-56.2%-28.0%-56.6%21.0%47.3%-116.7%-64.7%
ROA-151.4%-151.4%-21.5%-40.3%-35.2%-18.0%-46.2%13.7%8.0%-29.8%-37.9%
ROIC-155.5%-155.5%-27.3%-14.6%-7.7%-12.8%-14.5%-2.2%-1.7%-38.1%-14.7%
ROCE-338.2%-338.2%-42.2%-21.7%-11.4%-17.8%-14.1%-2.1%-8.0%-149.5%-26.1%

PLAG Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity——0.180.200.100.150.000.03——0.80
Debt / EBITDA———————————
Net Debt / Equity——0.160.180.090.13-0.18-0.32-0.15—0.79
Net Debt / EBITDA———————————
Debt / FCF——2.02————————
Interest Coverage-113.31-113.31-104.71-1692.81-23.09-14.37-476.29-31.15-11466.62-10.58-17.66

PLAG Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.400.400.540.970.710.793.733.791.510.210.81
Quick Ratio0.340.340.480.900.490.573.113.39640.410.080.67
Cash Ratio0.010.010.010.010.000.020.941.520.110.000.01
Asset Turnover—0.300.260.410.740.440.170.040.400.070.54
Inventory Turnover3.983.987.0111.299.734.341.050.24—0.525.84
Days Sales Outstanding—353.78232.1274.8929.28122.4983.80111.20349.91167.3318.15

PLAG Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————45.2%47.2%——
FCF Yield——4.9%————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Shares Outstanding—$8M$7M$7M$6M$2M$1M$689771$297823$153098$153059

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent Liquidity Exhaustion

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Distressed Valuation Reflects Operational Uncertainty

According to current market data, PLAG trades at a price-to-sales ratio of 5.28, a valuation that appears disconnected from the company's severe revenue contraction and negative earnings, suggesting that investors are pricing the firm as a speculative option rather than a traditional consumer defensive entity.

The elevated P/S multiple relative to the company's lack of profitability indicates that the market may be assigning value to potential future pivots or residual assets rather than current operational output. This valuation warrants caution, as it implies a growth expectation that is fundamentally contradicted by the recent 54.82% year-over-year revenue decline.

Capital Efficiency Remains Fundamentally Impaired

Based on reported financial figures, the company's ROIC has fluctuated wildly, reaching a negative 26.5% in 2025Q3, which underscores a persistent inability to generate returns on invested capital that exceed the cost of maintaining its fragmented and capital-intensive industrial infrastructure.

The erratic nature of these returns suggests that capital allocation has been largely value-destructive, as the firm pivots between unrelated business segments without achieving scale. Investors should monitor whether the company can stabilize its asset base, as the current trend indicates a decay in the firm's ability to compound value.

Working Capital Cycles Indicate Inefficiency

As reported in recent quarterly filings, the cash conversion cycle has reached extreme levels, peaking at 485 days in 2025Q4, which highlights significant friction in converting inventory and receivables into cash within the company's highly fragmented and transactional business model.

This prolonged cycle suggests that the company lacks leverage over its suppliers and customers, forcing it to tie up precious liquidity in slow-moving inventory and delayed collections. Such inefficiency is particularly concerning given the firm's minimal cash reserves and its reliance on rapid turnover to sustain operations.

Liquidity Buffer Near Total Depletion

Based on the latest quarterly data, the current ratio has deteriorated to 0.40, signaling that the company's short-term assets are insufficient to cover its immediate liabilities, a position that leaves the firm highly vulnerable to even minor operational or external financial shocks.

The reliance on inventory and receivables to meet obligations, combined with a nominal cash balance of $118,956, suggests that the company is operating in a state of near-constant liquidity stress. This precarious position implies that any further disruption in revenue could necessitate immediate and potentially dilutive external financing.

Misapplication of Consumer Defensive Metrics

Analysts frequently misapply the price-to-earnings ratio to PLAG, which obscures the reality that the company's negative net margins and extreme volatility render traditional earnings-based valuation metrics entirely meaningless for assessing its true financial health or potential for recovery.

Instead of P/E, investors should focus on liquidity-based metrics and the burn rate of cash reserves, as these provide a more accurate picture of the company's survival prospects. The 'Consumer Defensive' label is misleading, as the firm's industrial and tech exposure makes it far more cyclical and volatile than its sector peers.

Download Financial Ratios Data

Includes 30+ ratios · 21 years · Updated daily

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PLAG — Frequently Asked Questions

Quick answers to the most common questions about buying PLAG stock.

What is Planet Green Holdings Corp.'s P/E ratio?

Planet Green Holdings Corp.'s current P/E ratio is -0.7x. The historical average is 19.0x.

What is Planet Green Holdings Corp.'s ROE?

Planet Green Holdings Corp.'s return on equity (ROE) is -566.5%. The historical average is -12.7%.

Is PLAG stock overvalued?

Based on historical data, Planet Green Holdings Corp. is trading at a P/E of -0.7x. Compare with industry peers and growth rates for a complete picture.

What are Planet Green Holdings Corp.'s profit margins?

Planet Green Holdings Corp. has 3.3% gross margin and -580.3% operating margin.