Workhorse Price To Sales Ratio from 2010 to 2024

WKHS Stock  USD 1.06  0.05  4.50%   
Workhorse Price To Sales Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Sales Ratio will likely drop to 5.41 in 2024. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Workhorse's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
5.69889116
Current Value
5.41
Quarterly Volatility
1.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Workhorse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Workhorse's main balance sheet or income statement drivers, such as Interest Expense of 9.2 M, Selling General Administrative of 56.1 M or Other Operating Expenses of 124.3 M, as well as many indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 767 or PTB Ratio of 0.85. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
  
Check out the analysis of Workhorse Correlation against competitors.

Latest Workhorse's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Workhorse Group over the last few years. Price to Sales Ratio is figured by comparing Workhorse Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Workhorse sales, a figure that is much harder to manipulate than other Workhorse Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Workhorse's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Workhorse's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.73 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Workhorse Price To Sales Ratio Regression Statistics

Arithmetic Mean997.83
Coefficient Of Variation154.19
Mean Deviation1,107
Median519.22
Standard Deviation1,539
Sample Variance2.4M
Range5.7K
R-Value(0.58)
Mean Square Error1.7M
R-Squared0.34
Significance0.02
Slope(200.78)
Total Sum of Squares33.1M

Workhorse Price To Sales Ratio History

2024 5.41
2023 5.7
2022 47.99
2021 -658.54
2020 1319.2
2019 519.22
2018 34.85

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Workhorse investors may analyze each financial statement separately, they are all interrelated. The changes in Workhorse's assets and liabilities, for example, are also reflected in the revenues and expenses on on Workhorse's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Sales Ratio 5.70  5.41 

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Additional Tools for Workhorse Stock Analysis

When running Workhorse's price analysis, check to measure Workhorse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.