Workhorse Group Inc. (WKHS) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2021
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WKHS Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Workhorse Group Inc. (WKHS) trades at a price-to-earnings ratio of -0.1x, with a stock price of $3.18 and trailing twelve-month earnings per share of $-4.15.
The current P/E is 100% 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 19.3x, WKHS trades at a 100% discount to its sector peers. The sector includes 301 companies with P/E ratios ranging from 0.1x to 188.7x.
Relative to the broader market, WKHS trades at a notable discount to the S&P 500 median P/E of 25.1x. 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 P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $83B | 14.9Lowest | 0.44Best | -3% | |
| $85B | 21.6 | 0.77 | -2% | |
| $2.9T | 38.1 | 1.36 | +30%Best | |
| $1.5T | 360.5 | 9.30 | -47% | |
| $69B | 23.3 | - | -49% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
WKHS Historical P/E Data (2021–2021)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2021 Q3 | $1912.50 | $77.01 | 24.8x | -57% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $4147.50 | $45.28 | 91.6x | +57% |
Average P/E for displayed period: 58.2x
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Start ComparisonWKHS — Frequently Asked Questions
Quick answers to the most common questions about buying WKHS stock.
Is WKHS stock overvalued or undervalued?
WKHS trades at -0.1x P/E, below its 5-year average of 58.2x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does WKHS's valuation compare to peers?
Workhorse Group Inc. P/E of -0.1x compares to sector median of 19.3x. The discount suggests lower growth expectations or higher risk.
What is WKHS's PEG ratio?
WKHS PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2021.