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	8.51	A$1.68	0.55%	🇨🇳 China
2	Xiaomi XIACF	13.1	A$4.19	3.93%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	67.0	A$22.54	3.11%	🇮🇳 India
4	Li Auto LI	79.1	A$17.31	1.72%	🇨🇳 China
5	Leapmotor 9863.HK	84.1	A$6.75	5.33%	🇨🇳 China
6	Tesla TSLA	328	A$566.69	7.49%	🇺🇸 USA
7	Hyliion HYLN	-13.1	A$6.22	6.49%	🇺🇸 USA
8	NIO NIO	-4.88	A$6.90	3.62%	🇨🇳 China
9	XPeng XPEV	-79.1	A$18.84	3.82%	🇨🇳 China
10	Niu Technologies NIU	-53.8	A$2.92	1.93%	🇨🇳 China
11	Lucid Motors LCID	-0.4754	A$8.76	8.30%	🇺🇸 USA
12	Rivian RIVN	-6.38	A$26.83	8.44%	🇺🇸 USA
13	REE Automotive REE	-0.0240	A$0.30	1.50%	🇮🇱 Israel
14	Cenntro Electric Group CENN	-0.0881	A$0.11	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2529	A$2.20	4.38%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	A$0.0001440	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0573	A$0.35	2.46%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	A$0.33	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.90	A$29.44	0.54%	🇸🇪 Sweden
20	Gogoro GGR	-1.27	A$5.70	0.50%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	14.4	A$1.04	4.39%	🇨🇳 China
22	XOS XOS	-0.6288	A$3.90	7.82%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0086	A$3.85	9.18%	🇺🇸 USA
24	U Power UCAR	-0.5361	A$1.70	0.00%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0007	A$1.83	2.31%	🇨🇳 China
26	VinFast Auto VFS	-1.93	A$4.42	0.65%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-2.69	A$1.51	5.41%	🇺🇸 USA
28	Lotus Technology LOT	-0.8731	A$1.69	2.50%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0292	A$0.47	1.06%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-8.85	A$0.67	2.26%	🇮🇳 India
31	BYD 002594.SZ	26.5	A$18.83	5.86%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-76.0	A$17.10	1.14%	🇮🇳 India
33	Aptera Motors SEV	N/A	A$3.10	5.70%	🇺🇸 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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