Worksport Ltd
NASDAQ:WKSP
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (4.5), the stock would be worth $8.68 (689% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0.6 | $1.1 |
0%
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| 3-Year Average | 4.5 | $8.68 |
+689%
|
| 5-Year Average | 7.8 | $14.93 |
+1 258%
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| Industry Average | 0.9 | $1.68 |
+53%
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| Country Average | 2.7 | $5.12 |
+365%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Worksport Ltd
NASDAQ:WKSP
|
13.1m USD | 0.6 | -0.7 | |
| JP |
P
|
Pacific Industrial Co Ltd
TSE:7250
|
57.2T JPY | 0.9 | 11 | |
| JP |
|
Sumitomo Electric Industries Ltd
TSE:5802
|
7.8T JPY | 3.2 | 30.5 | |
| JP |
|
Denso Corp
TSE:6902
|
5.1T JPY | 1 | 13.3 | |
| KR |
|
Hyundai Mobis Co Ltd
KRX:012330
|
37.7T KRW | 0.8 | 10.3 | |
| CN |
|
Fuyao Glass Industry Group Co Ltd
SSE:600660
|
154.1B CNY | 4.1 | 17.1 | |
| CA |
|
Magna International Inc
TSX:MG
|
24.1B CAD | 1.4 | 20.9 | |
| DE |
|
Continental AG
XETRA:CON
|
13B EUR | 3.3 | -78.5 | |
| CN |
|
Ningbo Tuopu Group Co Ltd
SSE:601689
|
98.6B CNY | 4.1 | 35.5 | |
| IN |
|
Samvardhana Motherson International Ltd
NSE:MOTHERSON
|
1.3T INR | 3.6 | 39.4 | |
| US |
|
Modine Manufacturing Co
NYSE:MOD
|
13.3B USD | 11.4 | 130.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
Worksport Ltd
Glance View
Worksport Ltd. designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada. The company is headquartered in Mississauga, Ontario and currently employs 11 full-time employees. The company went IPO on 2001-06-21. The Company, through its subsidiaries, designs, develops, manufactures, and owns the intellectual property (IP) on a variety of tonneau covers, solar integrations, and hydrogen-based, Non-Parasitic (NP) green energy solutions for the renewable, clean energy, and automotive industries. Its Tonneau covers are an aftermarket accessory that provides security and protection for cargo to personal pickup truck owners. The firm is also developing two component system called the TerraVis that consists of a solar tonneau cover and portable core battery. The firm's products include the SC (Soft Cover) SC3, SC3pro and TC (Tough Cover) TC3 lines. The company distributes its tonneau covers through wholesalers and online retail channels in Canada and the United States. The company also provides its tonneau covers for private labels and original equipment manufacturers (OEM).
