Workhorse Group Inc. (WKHS) P/E Ratio History
Deep ValueTrading at -0.4x · 0th percentile of 5-year range · Significant discount to historical valuation · Data 2021–2021
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P/E Ratio Analysis
As of June 21, 2026, Workhorse Group Inc. (WKHS) trades at a price-to-earnings ratio of -0.4x, with a stock price of $3.03 and trailing twelve-month earnings per share of $-6.32.
The current P/E is 101% below its 5-year average of 58.2x. Over the past five years, WKHS's P/E has ranged from a low of 24.8x to a high of 91.6x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 21.2x, WKHS trades at a 102% discount to its sector peers. The sector includes 307 companies with P/E ratios ranging from 0.1x to 184.9x.
Relative to the broader market, WKHS trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our WKHS DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
WKHS Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
WKHS P/E vs Peers
Commercial vehicles and buses peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $89B | 16.0Lowest | 0.48Best | -3% | |
| $78B | 19.4 | 0.69 | -2% | |
| $2.6T | 34.1 | 1.22 | +30%Best | |
| $1.5T | 370.8 | 9.57 | -47% | |
| $71B | 24.2 | - | -49% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
WKHS Historical P/E Data (2021–2021)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2021 Q3 | - | $1912.50 | $77.01 | 24.8x | -57% |
| FY2021 Q2 | Jun 30 2021 | $4147.50 | $45.28 | 91.6x | +57% |
Average P/E for displayed period: 58.2x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
WKHS — Frequently Asked Questions
Quick answers to the most common questions about buying WKHS stock.
What is WKHS's P/E ratio?
Workhorse Group Inc. (WKHS) trailing twelve-month P/E ratio is -0.4x, based on TTM diluted EPS of $-6.32. The 5-year average P/E is 58.2x and the historical range spans 24.8x to 91.6x.
Is WKHS stock overvalued or undervalued?
WKHS trades at -0.4x P/E, below its 5-year average of 58.2x. At the 0th percentile of its historical range (24.8x–91.6x), the stock is priced at a discount to its own history.
Is WKHS stock expensive?
No, WKHS is not expensive on a historical basis. The current P/E of -0.4x is below the 5-year average of 58.2x and sits at the 0th percentile of its valuation range.
What is WKHS's historical P/E range?
Over the past 5 years, WKHS's P/E ratio has ranged from 24.8x to 91.6x, with a median of 91.6x and an average of 58.2x. The current P/E of -0.4x places the stock at the 0th percentile of this range. Full historical data spans 2021–2021.
How does WKHS's P/E compare to the S&P 500?
WKHS trades at -0.4x P/E versus the S&P 500 median of 24.4x. The 102% discount to the market suggests lower growth expectations or perceived higher risk.
How does WKHS's valuation compare to Consumer Cyclical peers?
Workhorse Group Inc. P/E of -0.4x compares to the Consumer Cyclical sector median of 21.2x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is WKHS's PEG ratio?
WKHS PEG ratio is N/A, based on a P/E of -0.4x and EPS growth of 86.9%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is WKHS's earnings yield?
WKHS earnings yield is N/A, the inverse of its -0.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.