Workhorse price to book ratio WKHS

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026: 4.0×
10-year median: 19.5×
Against its 10-year history: 23rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 0.1× to 191×
Peer median: 0.8×

Workhorse's price to book ratio is 4.0× as of Oct 23, 2026.

That is below its ten-year median of 19.5×, lower than on 77% of days in the last ten years.

Over that time it ranged from 0.1× in May 2025 to 191× in Dec 2018.

The median for 10 consumer cyclical stocks of a similar size is 0.8×.

Price to book ratio over time

median 19.5×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	4.0×	0.2×	4.9×
2025	0.3×	0.1×	9.2×
2024	8.5×	3.0×	15.0×
2023	10.4×	9.4×	37.6×
2022	23.8×	23.8×	56.0×
2021	54.2×	37.7×	89.1×
2020	n/m a value too high to mean anything
2019	n/m a value too high to mean anything
2018	177×	109×	191×
2017	101×	61.8×	173×
2016	n/m a value too high to mean anything
2015	n/m a value too high to mean anything
2014	144×	102×	195×
2013	n/m a value too high to mean anything
2012	n/m a value too high to mean anything
2011	197×	140×	197×

Against its peers

Companies in Consumer Cyclical nearest Workhorse's size, closest first, today.

Company	Price to book ratio
WKHSWorkhorse	4.0×
CRWSCrown Crafts	0.7×
BODIBeachbody	0.8×
EURKEureka Acquisition	n/m
HOURHour Loop	6.5×
GTIMGood Times Restaurants	0.4×
RGSRegis	0.4×
JRSHJerash Holdings (US)	1.2×
TLYSTilly'S	1.5×
DLTHDuluth	0.8×
VNCEVince	2.6×
Peer median	0.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Workhorse

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.