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Workhorse Group PE Ratio

: At Loss (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-05-29), Workhorse Group's share price is $2.98. Workhorse Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 was $-2.40. Therefore, Workhorse Group's PE Ratio for today is At Loss.


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

WKHS' s PE Ratio Range Over the Past 10 Years
Min: 2.62   Med: 6.35   Max: 54.88
Current: At Loss


During the past 13 years, the highest PE Ratio of Workhorse Group was 54.88. The lowest was 2.62. And the median was 6.35.


WKHS's PE Ratio is ranked worse than
100% of 914 companies
in the Vehicles & Parts industry
Industry Median: 16.34 vs WKHS: At Loss

Workhorse Group's Earnings per Share (Diluted) for the three months ended in Mar. 2022 was $-0.15. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 was $-2.40.

As of today (2022-05-29), Workhorse Group's share price is $2.98. Workhorse Group's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2022 was $-2.40. Therefore, Workhorse Group's PE Ratio without NRI for today is At Loss.

During the past 13 years, Workhorse Group's highest PE Ratio without NRI was 54.88. The lowest was 2.62. And the median was 6.35.

Workhorse Group's EPS without NRI for the three months ended in Mar. 2022 was $-0.15. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2022 was $-2.40.

During the past 3 years, the average EPS without NRI Growth Rate was -61.60% per year.

During the past 13 years, Workhorse Group's highest 3-Year average EPS without NRI Growth Rate was 76.60% per year. The lowest was -61.60% per year. And the median was 13.75% per year.

Workhorse Group's EPS (Basic) for the three months ended in Mar. 2022 was $-0.15. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2022 was $-2.29.


Workhorse Group PE Ratio Historical Data

The historical data trend for Workhorse Group's PE 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.

* Premium members only.

Workhorse Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss At Loss 28.26 At Loss

Workhorse Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only At Loss 15.80 7.22 At Loss At Loss

Competitive Comparison

For the Auto Manufacturers subindustry, Workhorse Group's PE Ratio, along with its competitors' market caps and PE 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 PE Ratio Distribution

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

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



Workhorse Group PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Workhorse Group's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=2.98/-2.400
=At Loss

Workhorse Group's Share Price of today is $2.98.
Workhorse Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.40.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Workhorse Group  (NAS:WKHS) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Workhorse Group PE Ratio Related Terms

Thank you for viewing the detailed overview of Workhorse Group's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Workhorse Group Business Description

Workhorse Group logo
Industry
Consumer Cyclical » Vehicles & Parts NAICS : 336111 SIC : 3711
Address
100 Commerce Drive, Loveland, OH, USA, 45140
Workhorse Group Inc is a technology company. It designs, develops, manufactures and sells high-performance, medium-duty trucks with powertrain components under the Workhorse chassis brand. The company's products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power train. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms.
Executives
Hughes Duane director, officer: CEO and President C/O WORKHORSE GROUP INC. 100 COMMERCE DRIVE LOVELAND OH 45140
Fleming Stephen M. officer: Vice President/General Counsel 49 FRONT STREET SUITE #206 ROCKVILLE CENTRE NY 11570
Furey Anthony Daly officer: Vice President-Finance 48 SOUTH MONTGOMERY AVE BAY SHORE NY 11706
Chess Raymond Joseph director 1084 ANDANTE CT OXFORD MI 48370
Demott Harry director C/O WORKHORSE GROUP INC., 100 COMMERCE DRIVE LOVELAND OH 45140
Ackerson Gregory T. officer: Controller 616 STOKES RESERVE CT. LEBANON OH 45036
Budde Gerald B. director 6146 COURT SIDE PLACE LOVELAND OH 45140
Samuels H. Benjamin director C/O WORKHORSE GROUP INC. 100 COMMERCE DRIVE LOVELAND OH 45140
Willison Robert Harry officer: Chief Operating Officer 100 COMMERCE DRIVE LOVELAND OH 45140
Clark Michael Laurence director 828 PRESIDENT STREET BROOKLYN NY 11215
Schrader Steve officer: Chief Financial Officer 100 COMMERCE DRIVE LOVELAND OH 45140
Marathon Asset Management Lp 10 percent owner ONE BRYANT PARK 38TH FLOOR NEW YORK NY 10036
Mader Pamela S. director 2522 N 600 E CRAIGVILLE IN 46731
Dedo Jacqueline A director 3939 TECHNOLOGY DRIVE MAUMEE OH 43537
Burns Stephen S. other: Consult, formerly CEO and Dir. C/O ADVANCED MECHANICAL PRODUCTS, INC. 4540 ALPINE ROAD BLUE ASH OH 45242

Workhorse Group Headlines

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