Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 411

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	Li Auto LI	15.2	C$23.52	0.41%	🇨🇳 China
2	Yadea Group 1585.HK	27.0	C$2.15	0.16%	🇨🇳 China
3	Xiaomi XIACF	29.4	C$7.51	0.37%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	55.9	C$18.45	1.62%	🇮🇳 India
5	Tesla TSLA	280	C$632.06	2.71%	🇺🇸 USA
6	Hyliion HYLN	-5.71	C$2.67	3.48%	🇺🇸 USA
7	NIO NIO	-3.13	C$6.93	1.95%	🇨🇳 China
8	XPeng XPEV	-30.2	C$26.15	1.04%	🇨🇳 China
9	NIU NIU	-12.7	C$4.48	1.22%	🇨🇳 China
10	Lucid Motors LCID	-1.22	C$17.27	2.26%	🇺🇸 USA
11	Rivian RIVN	-5.92	C$25.37	12.11%	🇺🇸 USA
12	REE Automotive REE	-0.0887	C$1.07	3.33%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1508	C$0.22	5.20%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1376	C$1.33	2.72%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	C$0.0001377	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0562	C$1.47	3.60%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA

18	Polestar PSNY	-1.56	C$0.77	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-1.19	C$5.12	3.12%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	20.7	C$1.43	5.91%	🇨🇳 China
21	XOS XOS	-0.3966	C$3.19	0.00%	🇺🇸 USA
22	Leapmotor 9863.HK	-22.2	C$8.97	1.44%	🇨🇳 China
23	Workhorse Group WKHS	-0.2518	C$8.97	0.77%	🇺🇸 USA
24	U Power UCAR	-0.8185	C$2.48	3.21%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3858	C$3.14	1.79%	🇨🇳 China
26	VinFast Auto VFS	-2.41	C$4.54	0.30%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-12.7	C$6.80	0.61%	🇺🇸 USA
28	Lotus Technology LOT	-0.8831	C$1.87	1.49%	🇨🇳 China
29	Zeekr ZK	-14.7	C$36.81	0.26%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0450	C$0.70	2.87%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-8.02	C$0.56	0.08%	🇮🇳 India
32	BYD 002594.SZ	45.9	C$18.85	0.33%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-28.4	C$9.79	0.42%	🇮🇳 India
34	Aptera Motors SEV	N/A	C$6.68	1.22%	🇺🇸 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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