Workhorse Group (MEX:WKHS) Cyclically Adjusted PS Ratio: 0.00 (As of Jul. 26, 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
View Full Analysis

What is Workhorse Group Cyclically Adjusted PS Ratio?

Workhorse Group MEX:WKHS 33 Cyclically Adjusted PS Ratio is 0.00 as of Jul. 26, 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. Among 1,042 Vehicles & Parts companies, Workhorse Group ranks better than 99.9% on this metric.

As of today (2026-07-26), Workhorse Group's current share price is MXN44.70. Workhorse Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN10,864.52. Workhorse Group's Cyclically Adjusted PS Ratio for today is 0.00.

The historical rank and industry rank for Workhorse Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:WKHS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 14.23   Max: 351.93
Current: 0.01

During the past years, Workhorse Group's highest Cyclically Adjusted PS Ratio was 351.93. The lowest was 0.01. And the median was 14.23.

MEX:WKHS's Cyclically Adjusted PS Ratio is ranked better than
99.9% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.72 vs MEX:WKHS: 0.01

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Workhorse Group's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN7.795. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN10,864.52 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Workhorse Group Cyclically Adjusted PS Ratio Related Terms


Workhorse Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Workhorse Group's Cyclically Adjusted PS 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 PS Ratio Chart

Workhorse Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.84 16.07 3.85 0.39 0.02

Workhorse Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio 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 0.08 0.05 0.05 0.02 0.01

MEX:WKHS vs DCX, EVTV, FABC: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Workhorse Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Workhorse Group's Cyclically Adjusted PS Ratio falls into.


MEX:WKHS
33GF Score
Workhorse Group Inc MEX:WKHS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Workhorse Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Workhorse Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.70/10864.52
=0.00

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Workhorse Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.795/330.2130*330.2130
=7.795

Current CPI (Mar. 2026) = 330.2130.

Workhorse Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3,262.714 241.018 4,470.166
201609 5,264.714 241.428 7,200.809
201612 6,959.333 241.432 9,518.466
201703 2,687.455 243.801 3,639.987
201706 379.583 244.955 511.699
201709 4,636.833 246.819 6,203.504
201712 6,321.438 246.524 8,467.415
201803 782.615 249.554 1,035.566
201806 240.000 251.989 314.502
201809 13.733 252.439 17.964
201812 19.619 251.233 25.787
201903 392.278 254.202 509.576
201906 5.750 256.143 7.413
201909 3.591 256.759 4.618
201912 2.591 256.974 3.329
202003 70.357 258.115 90.009
202006 84.960 257.797 108.826
202009 346.694 260.280 439.845
202012 259.400 260.474 328.851
202103 247.674 264.877 308.767
202106 584.073 271.696 709.869
202109 -275.907 274.310 -332.135
202112 -854.313 278.802 -1,011.848
202203 5.471 287.504 6.284
202206 4.943 296.311 5.509
202209 587.887 296.808 654.052
202212 1,244.500 296.797 1,384.617
202303 544.929 301.836 596.160
202306 1,096.661 305.109 1,186.893
202309 732.806 307.789 786.195
202312 859.644 306.746 925.409
202403 220.020 312.332 232.616
202406 122.429 314.175 128.679
202409 449.300 315.301 470.549
202412 153.353 315.605 160.451
202503 2.511 319.799 2.593
202506 145.031 322.561 148.472
202509 33.785 324.800 34.348
202512 23.233 324.054 23.675
202603 7.795 330.213 7.795

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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 PS Ratio of 0.00 mean?
Workhorse Group (MEX:WKHS) has a Cyclically Adjusted PS Ratio of 0.00 as of Jul. 26, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio has ranged from 0.01 to 351.93. According to the industry distribution chart, Workhorse Group ranks #1 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 0.099999999999994%.
Is Workhorse Group's Cyclically Adjusted PS Ratio too high?
Workhorse Group's current Cyclically Adjusted PS Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 351.93. Based on the distribution chart, Workhorse Group ranks #1 out of 1042 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position 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 PS Ratio compare to DCX and EVTV?
According to the Vehicles & Parts industry distribution chart, Workhorse Group ranks #1 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Workhorse Group in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.72. Historically, Workhorse Group's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 351.93 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 PS Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.72, based on 1,042 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workhorse Group's current Cyclically Adjusted PS 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 PS Ratio of 0.00. 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 Cyclically Adjusted PS 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current Cyclically Adjusted PS Ratio is 0.00 as of Jul. 26, 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:

  • Cyclically Adjusted PS Ratio: 0.00
  • 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

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN44.70
Price
MXN204.70
GF Value