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The historical rank and industry rank for Workhorse Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Workhorse Group's highest Cyclically Adjusted PB Ratio was 8005.65. The lowest was 0.01. And the median was 1.32.
MEX:WKHS's Cyclically Adjusted PB Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.27 * Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
Workhorse Group's adjusted book value per share data for the three months ended in Mar. 2026 was MXN45.199. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN50,728.96 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Workhorse Group (MEX:WKHS) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Workhorse Group Cyclically Adjusted PB Ratio Related Terms
Workhorse Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Workhorse Group's Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio Chart
MEX:WKHS vs FABC, FFAI, AIEV: Cyclically Adjusted PB Ratio Comparison
For the Auto Manufacturers subindustry, Workhorse Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Workhorse Group's Cyclically Adjusted PB Ratio falls into.
Workhorse Group Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
Workhorse Group's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PB Ratio of 0.00 mean?
Workhorse Group (MEX:WKHS) has a Cyclically Adjusted PB Ratio of 0.00 as of Jul. 29, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Workhorse Group and its competitors. Over the past decade, Workhorse Group's Cyclically Adjusted PB Ratio has ranged from 0.01 to 8,005.65. According to the industry distribution chart, Workhorse Group ranks #999999 out of 1026 companies in the Vehicles & Parts industry.
Is Workhorse Group's Cyclically Adjusted PB Ratio too high?
Workhorse Group's current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 8,005.65. Based on the distribution chart, Workhorse Group ranks #999999 out of 1026 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. 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 Cyclically Adjusted PB Ratio compare to FABC and FFAI?
According to the Vehicles & Parts industry distribution chart, Workhorse Group ranks #999999 out of 1026 companies for Cyclically Adjusted PB Ratio. This places Workhorse Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Historically, Workhorse Group's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 8,005.65 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,026 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Workhorse Group and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workhorse Group's current Cyclically Adjusted PB Ratio is 0.00. 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 Cyclically Adjusted PB Ratio of 0.00. The stock's GF Value™ is MXN185.78, compared to a current price of MXN44.70 — trading 75.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.00. 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 Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current Cyclically Adjusted PB Ratio is 0.00 as of Jul. 29, 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 75.9% below its estimated GF Value™ of MXN185.78.
Key valuation signals for MEX:WKHS:
Cyclically Adjusted PB Ratio: 0.00
GF Value™: MXN185.78 vs. price of MXN44.70 (75.9% below fair value)
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 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
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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