Workhorse Group (MEX:WKHS) Book Value per Share: MXN45.20 (As of Mar. 2026)

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MEX:WKHS Workhorse Group Inc MEX:WKHS
33 GF Score
Price MXN44.70
GF Value MXN204.70
! 8 Warning Signs
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What is Workhorse Group Book Value per Share?

Workhorse Group MEX:WKHS 33 Book Value per Share is MXN45.20 as of Mar. 2026. GuruFocus rates MEX:WKHS with a GF Score™ of 33/100 and a GF Value™ of MXN204.70. The stock has 8 warning signs investors should review.

Workhorse Group's book value per share for the quarter that ended in Mar. 2026 was MXN45.20.

During the past 12 months, Workhorse Group's average Book Value Per Share Growth Rate was -96.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -86.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Workhorse Group was 237.40% per year. The lowest was -555.00% per year. And the median was -34.00% per year.

Workhorse Group's current price is MXN44.70. Its book value per share for the quarter that ended in Mar. 2026 was MXN45.20. Hence, today's PB Ratio of Workhorse Group is 0.99.

During the past 13 years, the highest P/B Ratio of Workhorse Group was 45.62. The lowest was 0.16. And the median was 2.90.


Workhorse Group  (MEX:WKHS) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Workhorse Group Book Value per Share Related Terms


Workhorse Group Book Value per Share Historical Data

* Premium members only.

The historical data trend for Workhorse Group's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Workhorse Group Book Value per Share Chart

Workhorse Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70,267.69 38,491.13 14,850.15 -2,663.34 79.90

Workhorse Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,337.97 477.07 331.81 79.90 45.20

MEX:WKHS vs DCX, EVTV, FABC: Book Value per Share Comparison

For the Auto Manufacturers subindustry, Workhorse Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Workhorse Group PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Workhorse Group's PB Ratio falls into.


MEX:WKHS
33GF Score
Workhorse Group Inc MEX:WKHS
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Workhorse Group Book Value per Share Calculation

Workhorse Group's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(775.0-0.0)/9.7
=79.90

Workhorse Group's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(472.3-0.0)/10.5
=45.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of MXN45.20 mean?
Workhorse Group (MEX:WKHS) has a Book Value per Share of MXN45.20 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Workhorse Group and its competitors.
Is Workhorse Group's Book Value per Share too high?
Workhorse Group's current Book Value per Share is MXN45.20. Overall, Workhorse Group has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's Book Value per Share compare to DCX and EVTV?
Workhorse Group's Book Value per Share of MXN45.20 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Vehicles & Parts company?
A good Book Value per Share depends on the Vehicles & Parts industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Workhorse Group and its competitors. Workhorse Group's current Book Value per Share is MXN45.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workhorse Group stock overvalued right now?
Workhorse Group (MEX:WKHS) has a current Book Value per Share of MXN45.20. The stock's GF Value™ is MXN204.70, compared to a current price of MXN44.70 — trading 78.2% below its estimated fair value. The current Book Value per Share is MXN45.20. Workhorse Group's overall GF Score™ is 33/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current Book Value per Share is MXN45.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Workhorse Group (MEX:WKHS) Overvalued in 2026?

Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued. The current stock price of MXN44.70 is trading 78.2% below its estimated GF Value™ of MXN204.70.

Key valuation signals for MEX:WKHS:

  • Book Value per Share: MXN45.20
  • GF Value™: MXN204.70 vs. price of MXN44.70 (78.2% below fair value)
  • GF Score™: 33/100 with 8 warning signs

No single metric tells the full story. See the MEX:WKHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Workhorse Group Business Description

Other Exchanges WKHS:USA0A3U:UK1WO0:Germany
Address 48443 Alpha Drive, Suite 190, Wixom, MI, USA, 48393
Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric vehicles, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.
33GF Score

Get the complete analysis for MEX:WKHS

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN44.70
Price
MXN204.70
GF Value