Workhorse Group
WKHS
#9574
Rank
HK$0.15 B
Marketcap
HK$6.54
Share price
8.37%
Change (1 day)
-90.34%
Change (1 year)

P/E ratio for Workhorse Group (WKHS)

P/E ratio as of November 2024 (TTM): -1.15

According to Workhorse Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.15274. At the end of 2022 the company had a P/E ratio of -41.1.

P/E ratio history for Workhorse Group from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-41.146.99%
2021-27.9-105.65%
2020495-588.19%
2019-101648.19%
2018-13.5-71.18%
2017-47.0-70.96%
2016-162-29.04%
2015-228260.29%
2014-63.330.25%
2013-48.61.19%
2012-48.041.82%
2011-33.8-54.87%
2010-75.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.4-1,347.25%๐Ÿ‡บ๐Ÿ‡ธ USA
14.1-1,318.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.9827-14.75%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.