Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): > 1000

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Rank	Name	P/E ratio	Price	Today	Country
1	Xiaomi XIACF	17.3	A$5.38	0.65%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	55.3	A$17.90	0.25%	🇮🇳 India
3	Li Auto LI	105	A$22.19	0.06%	🇨🇳 China
4	Tesla TSLA	361	A$605.86	1.78%	🇺🇸 USA
5	Hyliion HYLN	-19.4	A$9.22	10.18%	🇺🇸 USA
6	NIO NIO	-5.36	A$7.35	1.15%	🇨🇳 China
7	XPeng XPEV	-100	A$23.13	6.16%	🇨🇳 China
8	NIU NIU	-65.1	A$3.44	2.50%	🇨🇳 China
9	Lucid Motors LCID	-0.4668	A$8.34	2.23%	🇺🇸 USA
10	Rivian RIVN	-4.93	A$20.11	1.20%	🇺🇸 USA
11	REE Automotive REE	-0.0445	A$0.54	5.06%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	A$0.11	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1769	A$1.50	0.00%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	A$0.0001397	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0716	A$0.42	4.73%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	A$0.32	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.06	A$30.89	0.63%	🇸🇪 Sweden

18	Gogoro GGR	-1.23	A$5.38	3.99%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	15.2	A$1.06	3.71%	🇨🇳 China
20	XOS XOS	-0.4872	A$2.93	0.00%	🇺🇸 USA
21	Leapmotor 9863.HK	-18.9	A$7.49	1.45%	🇨🇳 China
22	Workhorse Group WKHS	-0.0110	A$4.75	6.58%	🇺🇸 USA
23	Yadea Group 1585.HK	25.5	A$2.05	1.63%	🇨🇳 China
24	U Power UCAR	-0.6860	A$2.11	11.03%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	A$2.05	9.26%	🇨🇳 China
26	VinFast Auto VFS	-2.26	A$5.02	0.56%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.69	A$2.01	3.60%	🇺🇸 USA
28	Lotus Technology LOT	-0.9925	A$1.86	1.48%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0332	A$0.52	4.61%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.47	A$0.56	1.36%	🇮🇳 India
31	BYD 002594.SZ	28.7	A$19.58	1.58%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-63.9	A$13.96	0.67%	🇮🇳 India
33	Aptera Motors SEV	N/A	A$3.52	1.20%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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