WKSP (Worksport) Cyclically Adjusted PS Ratio: 0.20 (As of Jul. 13, 2026) — 87% Below Median

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WKSP Worksport Ltd WKSP
45 GF Score
Price $0.80
GF Value $8.97
Valuation Possible Value Trap
! 5 Warning Signs
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What is Worksport Cyclically Adjusted PS Ratio?

Worksport WKSP -7.15% 45 Cyclically Adjusted PS Ratio is 0.20 as of Jul. 13, 2026, which is 87% below its 10-year median of 1.50. GuruFocus rates WKSP with a GF Score™ of 45/100 and a GF Value™ of $8.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,041 Vehicles & Parts companies, Worksport ranks better than 78.77% on this metric.

As of today (2026-07-13), Worksport's current share price is $0.795. Worksport's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.91. Worksport's Cyclically Adjusted PS Ratio for today is 0.20.

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

WKSP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.5   Max: 26.79
Current: 0.22

During the past years, Worksport's highest Cyclically Adjusted PS Ratio was 26.79. The lowest was 0.16. And the median was 1.50.

WKSP's Cyclically Adjusted PS Ratio is ranked better than
78.77% of 1041 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs WKSP: 0.22

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.

Worksport's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.307. 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 $3.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Worksport  (NAS:WKSP) 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.


Worksport Cyclically Adjusted PS Ratio Related Terms


Worksport Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Worksport'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.

Worksport Cyclically Adjusted PS Ratio Chart

Worksport 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 2.15 0.95 1.53 0.99 0.53

Worksport 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 0.53 0.59 0.76 0.53 0.27

WKSP vs GTEC, INEO, REE: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Worksport'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.


Worksport Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


WKSP
45GF Score
Worksport Ltd WKSP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Worksport 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.

Worksport's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.795/3.91
=0.20

* 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.

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

For example, Worksport'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)
=0.307/330.2130*330.2130
=0.307

Current CPI (Mar. 2026) = 330.2130.

Worksport Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.464 241.018 0.636
201609 2.857 241.428 3.908
201612 1.464 241.432 2.002
201703 0.886 243.801 1.200
201706 0.391 244.955 0.527
201709 0.117 246.819 0.157
201712 2.147 246.524 2.876
201803 1.480 249.554 1.958
201806 1.375 251.989 1.802
201809 0.051 252.439 0.067
201812 1.460 251.233 1.919
201903 4.576 254.202 5.944
201906 2.598 256.143 3.349
201909 3.118 256.759 4.010
201912 -0.157 256.974 -0.202
202003 0.190 258.115 0.243
202006 0.267 257.797 0.342
202009 0.406 260.280 0.515
202012 0.366 260.474 0.464
202103 0.016 264.877 0.020
202106 0.189 271.696 0.230
202109 0.067 274.310 0.081
202112 0.009 278.802 0.011
202203 0.028 287.504 0.032
202206 0.006 296.311 0.007
202209 0.010 296.808 0.011
202212 0.023 296.797 0.026
202303 0.019 301.836 0.021
202306 0.116 305.109 0.126
202309 0.263 307.789 0.282
202312 0.442 306.746 0.476
202403 0.242 312.332 0.256
202406 0.740 314.175 0.778
202409 1.061 315.301 1.111
202412 0.858 315.605 0.898
202503 0.526 319.799 0.543
202506 0.777 322.561 0.795
202509 0.764 324.800 0.777
202512 0.562 324.054 0.573
202603 0.307 330.213 0.307

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 0.20 mean?
Worksport (WKSP) has a Cyclically Adjusted PS Ratio of 0.20 as of Jul. 13, 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 Worksport and its competitors. This is 87% below median its historical median of 1.50. Over the past decade, Worksport's Cyclically Adjusted PS Ratio has ranged from 0.16 to 26.79. According to the industry distribution chart, Worksport ranks #221 out of 1041 companies in the Vehicles & Parts industry, placing it in the top 21.2%.
Is Worksport's Cyclically Adjusted PS Ratio too high?
Worksport's current Cyclically Adjusted PS Ratio of 0.20 is 87% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 26.79. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Worksport's value of 0.20 is 73% below this industry median. Based on the distribution chart, Worksport ranks #221 out of 1041 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Worksport has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Worksport's Cyclically Adjusted PS Ratio compare to GTEC and INEO?
According to the Vehicles & Parts industry distribution chart, Worksport ranks #221 out of 1041 companies for Cyclically Adjusted PS Ratio. This places Worksport in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.74. Worksport's value of 0.20 is 73% below this benchmark. Historically, Worksport's own Cyclically Adjusted PS Ratio has ranged from 0.16 to 26.79 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 0.74, Worksport has consistently been below the industry average. 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 0.74, based on 1,041 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. Worksport's current Cyclically Adjusted PS Ratio of 0.20 is 73% below the industry median. 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 Worksport and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Worksport's current Cyclically Adjusted PS Ratio is 0.20, which is 87% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worksport stock overvalued right now?
Based on GuruFocus' analysis, Worksport (WKSP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.97, compared to a current price of $0.80 — trading 91.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.20, which is 87% below median its 10-year median of 1.50 and 73% below the Vehicles & Parts industry median of 0.74. Worksport's overall GF Score™ is 45/100 with 5 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 Worksport (WKSP), the current Cyclically Adjusted PS Ratio is 0.20 as of Jul. 13, 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 Worksport (WKSP) Overvalued in 2026?

Based on GuruFocus' analysis, Worksport stock appears to be undervalued. The current stock price of $0.80 is trading 91.1% below its estimated GF Value™ of $8.97. GuruFocus considers Worksport to be Possible Value Trap.

Key valuation signals for WKSP:

  • Cyclically Adjusted PS Ratio: 0.20 (87% below median its 10-year median of 1.50)
  • GF Value™: $8.97 vs. price of $0.80 (91.1% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 73% below the Vehicles & Parts median (#221 of 1041)

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


Worksport Business Description

Address 2500 N America Drive, West Seneca, NY, USA, 14224
Worksport Ltd designs, develops, and manufactures products for markets including automotive accessories, consumer electronics, and residential and commercial HVAC systems. The company leverages a growing intellectual property portfolio of patents, designs, and trademarks covering products such as tonneau covers, solar-integrated tonneau covers, portable power stations, hydrogen-based green energy systems, heat pumps, and EV charging solutions. Its segments include soft tonneau covers, consisting mainly of vinyl-wrapped tri-fold and quad-fold covers manufactured by third-party suppliers, and hard tonneau covers, which generate the majority of revenue in the United States and include aluminum tri-fold and quad-fold covers manufactured and assembled in the United States.
45GF Score

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

$0.80
Price
$8.97
GF Value