Workhorse Group (WKHS)

P/B ratio as of December 2024 : 0.6970

According to Workhorse Group 's latest financial reports the company has a price-to-book ratio of 3.62077.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Workhorse Group - P/B ratio (from 2010 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	0.9009	-20.28%
2023-12-31	1.13	-50.81%
2022-12-31	2.30	-41%
2021-12-31	3.89	-35.46%
2020-12-31	6.03	-203.24%
2019-12-31	-5.84	192.89%
2018-12-31	-1.99	-106.65%
2017-12-31	30.0	-41.22%
2016-12-31	51.0	-236.77%
2015-12-31	-37.3	29.88%
2014-12-31	-28.7	289.33%
2013-12-31	-7.38	41.7%
2012-12-31	-5.21	-50.92%
2011-12-31	-10.6	-88.07%
2010-12-31	-88.9
2009-12-31	N/A
2008-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Paccar PCAR	2.97	326.59%	🇺🇸 USA
Oshkosh Corporation OSK	1.50	115.72%	🇺🇸 USA
Cooper Standard CPS	-1.46	-309.47%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Workhorse Group (WKHS) - P/B ratio