Workhorse Group (LTS:0A3U) Cyclically Adjusted Revenue per Share: $257.85 (As of Mar. 2026)

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LTS:0A3U Workhorse Group Inc LTS:0A3U
29 GF Score
Price $2.93
GF Value $11.51
Valuation Possible Value Trap
! 8 Warning Signs
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What is Workhorse Group Cyclically Adjusted Revenue per Share?

Workhorse Group LTS:0A3U -6.39% 29 Cyclically Adjusted Revenue per Share is $257.85 as of Mar. 2026. GuruFocus rates LTS:0A3U with a GF Score™ of 29/100 and a GF Value™ of $11.51 (Possible Value Trap). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2026 was $0.432. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $257.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Workhorse Group's average Cyclically Adjusted Revenue Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -5.50% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Workhorse Group was -3.20% per year. The lowest was -14.40% per year. And the median was -8.95% per year.

As of today (2026-08-16), Workhorse Group's current stock price is $2.9299. Workhorse Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $257.85. Workhorse Group's Cyclically Adjusted PS Ratio of today is 0.01.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Workhorse Group was 351.93. The lowest was 0.01. And the median was 13.48.


Workhorse Group  (LTS:0A3U) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.9299/257.85
=0.01

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Workhorse Group was 351.93. The lowest was 0.01. And the median was 13.48.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Workhorse Group Cyclically Adjusted Revenue per Share Related Terms


Workhorse Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Workhorse Group's Cyclically Adjusted Revenue 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 Cyclically Adjusted Revenue per Share Chart

Workhorse Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 321.19 284.66 280.51 266.80 260.62

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 Revenue 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 300.13 504.27 261.65 260.62 257.85

LTS:0A3U vs FABC, FFAI, AIEV: Cyclically Adjusted Revenue per Share 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.


LTS:0A3U
29GF Score
Workhorse Group Inc LTS:0A3U
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Workhorse Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=0.432/330.2130*330.2130
=0.432

Current CPI (Mar. 2026) = 330.2130.

Workhorse Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 176.429 241.018 241.721
201609 272.286 241.428 372.419
201612 337.556 241.432 461.684
201703 142.727 243.801 193.315
201706 21.000 244.955 28.309
201709 255.500 246.819 341.827
201712 321.875 246.524 431.144
201803 43.077 249.554 57.000
201806 12.214 251.989 16.006
201809 0.733 252.439 0.959
201812 1.000 251.233 1.314
201903 20.222 254.202 26.269
201906 0.300 256.143 0.387
201909 0.182 256.759 0.234
201912 0.136 256.974 0.175
202003 3.000 258.115 3.838
202006 3.680 257.797 4.714
202009 15.694 260.280 19.911
202012 13.040 260.474 16.531
202103 12.116 264.877 15.105
202106 29.341 271.696 35.660
202109 -13.419 274.310 -16.154
202112 -41.646 278.802 -49.326
202203 0.275 287.504 0.316
202206 0.245 296.311 0.273
202209 29.226 296.808 32.515
202212 63.833 296.797 71.020
202303 30.232 301.836 33.074
202306 63.968 305.109 69.231
202309 42.069 307.789 45.134
202312 50.644 306.746 54.518
202403 13.257 312.332 14.016
202406 6.683 314.175 7.024
202409 22.818 315.301 23.897
202412 7.353 315.605 7.693
202503 0.123 319.799 0.127
202506 7.702 322.561 7.885
202509 1.842 324.800 1.873
202512 1.290 324.054 1.315
202603 0.432 330.213 0.432

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

What does a Cyclically Adjusted Revenue per Share of $257.85 mean?
Workhorse Group (LTS:0A3U) has a Cyclically Adjusted Revenue per Share of $257.85 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Workhorse Group and its competitors.
Is Workhorse Group's Cyclically Adjusted Revenue per Share too high?
Workhorse Group's current Cyclically Adjusted Revenue per Share is $257.85. Overall, Workhorse Group has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's Cyclically Adjusted Revenue per Share compare to FABC and FFAI?
Workhorse Group's Cyclically Adjusted Revenue per Share of $257.85 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 Cyclically Adjusted Revenue per Share for a Vehicles & Parts company?
A good Cyclically Adjusted Revenue per Share depends on the Vehicles & Parts industry context. However, Cyclically Adjusted Revenue 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 Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Workhorse Group and its competitors. Workhorse Group's current Cyclically Adjusted Revenue per Share is $257.85. 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?
Based on GuruFocus' analysis, Workhorse Group (LTS:0A3U) is currently considered Possible Value Trap. The stock's GF Value™ is $11.51, compared to a current price of $2.93 — trading 74.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $257.85. Workhorse Group's overall GF Score™ is 29/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Workhorse Group (LTS:0A3U), the current Cyclically Adjusted Revenue per Share is $257.85 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 (LTS:0A3U) Overvalued in 2026?

Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued. The current stock price of $2.93 is trading 74.5% below its estimated GF Value™ of $11.51. GuruFocus considers Workhorse Group to be Possible Value Trap.

Key valuation signals for LTS:0A3U:

  • Cyclically Adjusted Revenue per Share: $257.85
  • GF Value™: $11.51 vs. price of $2.93 (74.5% below fair value)
  • GF Score™: 29/100 with 8 warning signs

No single metric tells the full story. See the LTS:0A3U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Workhorse Group Business Description

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.
29GF Score

Get the complete analysis for LTS:0A3U

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

$2.93
Price
$11.51
GF Value