P/E ratio for Workhorse Group (WKHS)
P/E ratio as of March 2025 (TTM): -2.66
According to Workhorse Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.65753. 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 | -41.1 | 46.99% |
| 2021 | -27.9 | -105.65% |
| 2020 | 495 | -588.19% |
| 2019 | -101 | 648.19% |
| 2018 | -13.5 | -71.18% |
| 2017 | -47.0 | -70.96% |
| 2016 | -162 | -29.04% |
| 2015 | -228 | 260.29% |
| 2014 | -63.3 | 30.25% |
| 2013 | -48.6 | 1.19% |
| 2012 | -48.0 | 41.82% |
| 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 |
|---|---|---|---|
 | 12.4 | -565.13% | 🇺🇸 USA |
 | 11.8 | -544.15% | 🇺🇸 USA |
 | -0.9611 | -63.83% | 🇺🇸 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.