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	Yadea Group 1585.HK	7.97	A$1.52	1.61%	🇨🇳 China
2	Xiaomi XIACF	15.6	A$4.68	4.00%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	52.7	A$17.65	0.23%	🇮🇳 India
4	Leapmotor 9863.HK	80.7	A$6.28	0.34%	🇨🇳 China
5	Tesla TSLA	304	A$509.50	0.52%	🇺🇸 USA
6	Hyliion HYLN	-13.1	A$5.44	2.09%	🇺🇸 USA
7	NIO NIO	-6.62	A$5.14	3.07%	🇨🇳 China
8	XPeng XPEV	-31.0	A$14.69	1.93%	🇨🇳 China
9	Niu Technologies NIU	-11.9	A$2.83	1.93%	🇨🇳 China
10	Li Auto LI	-44.8	A$16.47	1.37%	🇨🇳 China
11	Lucid Motors LCID	-0.3327	A$5.88	0.96%	🇺🇸 USA
12	Rivian RIVN	-5.61	A$22.35	0.12%	🇺🇸 USA
13	REE Automotive REE	-0.0088	A$0.11	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	A$0.11	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2730	A$1.05	0.29%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	A$0.0001394	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	A$0.09996	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	A$0.32	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.7161	A$10.93	1.55%	🇸🇪 Sweden
20	Gogoro GGR	-0.5413	A$3.59	1.78%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	11.9	A$0.85	1.02%	🇨🇳 China
22	Xos, Inc. XOS	-1.39	A$3.78	2.87%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0994	A$4.20	0.99%	🇺🇸 USA
24	U Power UCAR	-0.0188	A$0.60	8.01%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	A$1.19	3.57%	🇨🇳 China
26	VinFast Auto VFS	-1.82	A$4.48	6.64%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.14	A$1.59	0.88%	🇺🇸 USA
28	Lotus Technology LOT	-0.8983	A$1.52	7.92%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3306	A$0.33	0.99%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.87	A$0.56	1.56%	🇮🇳 India
31	BYD 002594.SZ	25.5	A$17.49	0.57%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-111	A$24.17	0.14%	🇮🇳 India
33	Aptera Motors SEV	-1.28	A$3.15	2.16%	🇺🇸 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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