P/E ratio for Workhorse Group (WKHS)
P/E ratio as of April 2024 (TTM): -0.2201
According to Workhorse Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.220137. At the end of 2022 the company had a P/E ratio of -2.05.
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 | -2.05 | 46.99% |
| 2021 | -1.40 | -105.65% |
| 2020 | 24.7 | -588.19% |
| 2019 | -5.06 | 648.19% |
| 2018 | -0.6769 | -71.18% |
| 2017 | -2.35 | -70.96% |
| 2016 | -8.09 | -29.04% |
| 2015 | -11.4 | 260.29% |
| 2014 | -3.16 | 30.25% |
| 2013 | -2.43 | 1.19% |
| 2012 | -2.40 | 41.82% |
| 2011 | -1.69 | -54.87% |
| 2010 | -3.75 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Paccar PCAR | 14.5 | -6,690.31% | 🇺🇸 USA |
 Oshkosh Corporation
OSK | 15.2 | -6,993.53% | 🇺🇸 USA |
 Cooper Standard CPS | -0.9537 | 333.23% | 🇺🇸 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.