WKHS PE Ratio & Valuation,Is WKHS Overvalued

WKHS Relative Valuation

WKHS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, WKHS is overvalued; if below, it's undervalued.

Historical Valuation

Workhorse Group Inc (WKHS) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.60 is considered Undervalued compared with the five-year average of -4.19. The fair price of Workhorse Group Inc (WKHS) is between 6.08 to 14.40 according to relative valuation methord. Compared to the current price of 5.51 USD , Workhorse Group Inc is Undervalued By 9.36%.

Relative Value

Fair Zone

6.08-14.40

Current Price：5.51

9.36%

Undervalued

-0.11

-0.61

EV/EBITDA

Workhorse Group Inc. (WKHS) has a current EV/EBITDA of -0.61. The 5-year average EV/EBITDA is -5.57. The thresholds are as follows: Strongly Undervalued below -23.71, Undervalued between -23.71 and -14.64, Fairly Valued between 3.51 and -14.64, Overvalued between 3.51 and 12.58, and Strongly Overvalued above 12.58. The current Forward EV/EBITDA of -0.61 falls within the Historic Trend Line -Fairly Valued range.

-0.49

EV/EBIT

Workhorse Group Inc. (WKHS) has a current EV/EBIT of -0.49. The 5-year average EV/EBIT is -4.40. The thresholds are as follows: Strongly Undervalued below -16.30, Undervalued between -16.30 and -10.35, Fairly Valued between 1.55 and -10.35, Overvalued between 1.55 and 7.50, and Strongly Overvalued above 7.50. The current Forward EV/EBIT of -0.49 falls within the Historic Trend Line -Fairly Valued range.

0.60

Workhorse Group Inc. (WKHS) has a current PS of 0.60. The 5-year average PS is 109.63. The thresholds are as follows: Strongly Undervalued below -821.88, Undervalued between -821.88 and -356.13, Fairly Valued between 575.38 and -356.13, Overvalued between 575.38 and 1041.14, and Strongly Overvalued above 1041.14. The current Forward PS of 0.60 falls within the Historic Trend Line -Fairly Valued range.

-0.09

P/OCF

Workhorse Group Inc. (WKHS) has a current P/OCF of -0.09. The 5-year average P/OCF is -4.46. The thresholds are as follows: Strongly Undervalued below -15.31, Undervalued between -15.31 and -9.88, Fairly Valued between 0.96 and -9.88, Overvalued between 0.96 and 6.39, and Strongly Overvalued above 6.39. The current Forward P/OCF of -0.09 falls within the Historic Trend Line -Fairly Valued range.

-0.09

P/FCF

Workhorse Group Inc. (WKHS) has a current P/FCF of -0.09. The 5-year average P/FCF is -3.91. The thresholds are as follows: Strongly Undervalued below -13.84, Undervalued between -13.84 and -8.87, Fairly Valued between 1.05 and -8.87, Overvalued between 1.05 and 6.02, and Strongly Overvalued above 6.02. The current Forward P/FCF of -0.09 falls within the Historic Trend Line -Fairly Valued range.

Workhorse Group Inc (WKHS) has a current Price-to-Book (P/B) ratio of 0.00. Compared to its 3-year average P/B ratio of 0.95 , the current P/B ratio is approximately -100.00% higher. Relative to its 5-year average P/B ratio of 2.37, the current P/B ratio is about -100.00% higher. Workhorse Group Inc (WKHS) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -246.96%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -154.73% , the current FCF yield is about -100.00% lower.

0.00

P/B

Median3y

0.95

Median5y

2.37

0.00

FCF Yield

Median3y

-246.96

Median5y

-154.73

Competitors Valuation Multiple

The average P/S ratio for WKHS's competitors is 0.29, providing a benchmark for relative valuation. Workhorse Group Inc Corp (WKHS) exhibits a P/S ratio of 0.60, which is 107.65% above the industry average. Given its robust revenue growth of -4.97%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of WKHS decreased by 93.07% over the past 1 year. The primary factor behind the change was an decrease in Revenue Growth from 2.51M to 2.38M.

The secondary factor is the P/E Change, contributed -20.87%to the performance.

Overall, the performance of WKHS in the past 1 year is driven by Revenue Growth. Which is more sustainable.

-4.97%

2.51M → 2.38M

Revenue Growth

-67.23%

-1.00K → -328.21

Margin Expansion

-20.87%

0.00 → 0.00

P/E Change

-93.07%

77.40 → 5.36

Mkt Cap Growth

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Frequently Asked Questions

Is Workhorse Group Inc (WKHS) currently overvalued or undervalued?

What is Workhorse Group Inc (WKHS) fair value?

WKHS's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Workhorse Group Inc (WKHS) is between 6.08 to 14.40 according to relative valuation methord.

How does WKHS's valuation metrics compare to the industry average?

What is the current P/B ratio for Workhorse Group Inc (WKHS) as of Jan 09 2026?

As of Jan 09 2026, Workhorse Group Inc (WKHS) has a P/B ratio of 0.00. This indicates that the market values WKHS at 0.00 times its book value.

What is the current FCF Yield for Workhorse Group Inc (WKHS) as of Jan 09 2026?

As of Jan 09 2026, Workhorse Group Inc (WKHS) has a FCF Yield of 0.00%. This means that for every dollar of Workhorse Group Inc’s market capitalization, the company generates 0.00 cents in free cash flow.

What is the current Forward P/E ratio for Workhorse Group Inc (WKHS) as of Jan 09 2026?

As of Jan 09 2026, Workhorse Group Inc (WKHS) has a Forward P/E ratio of -0.11. This means the market is willing to pay $-0.11 for every dollar of Workhorse Group Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Workhorse Group Inc (WKHS) as of Jan 09 2026?

As of Jan 09 2026, Workhorse Group Inc (WKHS) has a Forward P/S ratio of 0.60. This means the market is valuing WKHS at $0.60 for every dollar of expected revenue over the next 12 months.

WKHS Valuation