Metric spotlight
WKHSPrice-to-Book RatioUpdated Dec 2024

Workhorse Group Inc.’s Price-to-Book Ratio at a glance

Workhorse Group Inc. reports price-to-book ratio of 3.9x for Dec 2024. The prior period recorded 11.2x (Dec 2023). Year over year the metric moved −7.34 (−65.4%). The rolling three-period average stands at 14.3x. Data last refreshed Nov 21, 2025, 12:33 AM.

Latest reading

3.9x · Dec 2024

YoY movement

−7.34 (−65.4%)

Rolling average

14.3x

Current Price-to-Book Ratio

3.9x

YoY change

−7.34

YoY change %

−65.4%

Rolling average

14.3x

WKHS · Workhorse Group Inc.

Latest Value

3.9x

Dec 2024

YoY Change

−7.34

Absolute

YoY Change %

−65.4%

Rate of change

3-Period Avg

14.3x

Smoothed

201320142015201620172024

Narrative signal

Workhorse Group Inc.’s price-to-book ratio stands at 3.9x for Dec 2024. Year-over-year, the metric shifted by −7.34, translating into a −65.4% rate of change versus the prior period.

Pair this momentum with product cadence, pricing power, and capital allocation moves to understand durability.

Blend with balance sheet, cash flow, and peer benchmarks from AlphaPilot’s broader dashboards to shape an investable thesis.

How price-to-book ratio shapes Workhorse Group Inc.'s story

As of Dec 2024, Workhorse Group Inc. reports price-to-book ratio of 3.9x. Monitor price-to-book trends to gauge how investors value tangible assets and equity on the balance sheet.

Capital-intensive industries

Banks, insurers, and industrials rely on P/B to judge returns on equity relative to book value.

Reading discount or premium

Ratios below 1.0 signal the market values equity below book, which could mean undervaluation or weak profitability.

Valuation Multiples

Compare how the market prices revenue, equity, and operating cash flow versus peers and history.

Related metrics

Workhorse Group Inc. (WKHS) FAQs

Answers tailored to Workhorse Group Inc.’s price-to-book ratio profile using the latest Financial Modeling Prep data.

What is Workhorse Group Inc.'s current price-to-book ratio?

As of Dec 2024, Workhorse Group Inc. reports price-to-book ratio of 3.9x. This reading reflects the latest filings and price data for WKHS.

How is Workhorse Group Inc.'s price-to-book ratio trending year over year?

Year-over-year, the figure shifts by −7.34 (−65.4%). Pair this context with revenue growth and free cash flow signals to gauge momentum for WKHS.

Why does price-to-book ratio matter for Workhorse Group Inc.?

Price-to-book compares market value with book value of equity, highlighting balance sheet-driven valuation. For Workhorse Group Inc., operating within Consumer Cyclical — Auto - Manufacturers, tracking this metric helps benchmark management's execution against close competitors.

Is Workhorse Group Inc.'s price-to-book ratio above its recent average?

Workhorse Group Inc.'s rolling three-period average sits at 14.3x. Comparing the latest reading of 3.9x to that baseline highlights whether momentum is building or fading for WKHS.

How frequently is Workhorse Group Inc.'s price-to-book ratio refreshed?

Data for WKHS was last refreshed on Nov 21, 2025, 12:33 AM and updates automatically every 24 hours, keeping your valuation inputs current.