Workhorse Group

Workhorse Group P/TBV

The Price to Tangible Book Value (P/TBV) of Workhorse Group (WKHS) as of Oct 27, 2026 is 0.95. In the previous year, Price to Tangible Book Value (P/TBV) was 0.85 — a change of 10.96% (higher).

P/TBV

0.95

YoY

10.96%

Last updated:

Price to Tangible Book Value (P/TBV) of Workhorse Group is 2025 0.95 . Price to Tangible Book Value (P/TBV) of Workhorse Group was 2024 0.85 . It decreases by 10.96% higher compared to the previous year.

The Workhorse Group P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2018
-2.45 USD
Jan 1, 2019
-1.08 USD
Jan 1, 2020
0.10 USD
Jan 1, 2021
0.22 USD
Jan 1, 2022
0.35 USD
Jan 1, 2023
0.46 USD
Jan 1, 2024
0.85 USD
Jan 1, 2025
0.95 USD
The Workhorse Group P/TBV history
YEARP/TBVYoY
0.95+10.96%
0.85+87.66%
0.46+30.65%
0.35+60.88%
0.22+126.23%
0.10-108.83%
-1.08-55.83%
-2.45-122.77%
10.78+8.70%
9.91-199.11%
-10.00-78.61%
-46.75—

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Workhorse Group Stock analysis

What does Workhorse Group do? Workhorse Group Inc. designs and builds performance battery-electric vehicles and aircraft, focusing on the commercial transportation sector. The company develops cloud-based telematics systems for real-time monitoring and sells its C-Series electric delivery trucks in 450, 650, and 1,000 cubic feet configurations directly to fleet customers and through distributor Ryder System, Inc. (Ryder). Its product HorseFly is a custom-designed unmanned aerial system for package delivery. The firm operates as an Original Equipment Manufacturer (OEM) for Class 3-6 medium-duty trucks. Workhorse's primary revenue streams come from direct sales of electric trucks to fleet operators and through Ryder, its main distributor. The C-Series platform targets commercial delivery needs with multiple size options, while HorseFly serves as a specialized delivery solution for packages. The company leverages its telematics systems as part of its vehicle solutions, enhancing performance monitoring for customers. The firm's vehicle solutions are tailored for commercial use, with the C-Series trucks designed for medium-duty applications and HorseFly addressing last-mile delivery challenges. Ryder System, Inc. acts as the key distributor for Workhorse's products, facilitating sales to fleet customers. The company's focus on electric and unmanned delivery systems positions it within the growing commercial transportation market. Workhorse Group is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Workhorse Group stock

Price to Tangible Book Value (P/TBV) of Workhorse Group is 0.95 in 2025.

Price to Tangible Book Value (P/TBV) of Workhorse Group changed from 0.85 to 0.95, representing a 10.96% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) Workhorse Group since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s Workhorse Group with sector peers and the industry average to assess whether it is attractive.

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Valuation — Workhorse Group

All Key Metrics — Workhorse Group