Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 428

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	20.7	C$6.32	0.13%	🇨🇳 China
2	Yadea Group 1585.HK	25.9	C$2.06	1.93%	🇨🇳 China
3	Li Auto LI	26.3	C$23.02	3.50%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	46.4	C$15.22	1.10%	🇮🇳 India
5	Tesla TSLA	274	C$619.75	4.15%	🇺🇸 USA
6	Hyliion HYLN	-6.68	C$3.13	5.09%	🇺🇸 USA
7	NIO NIO	-3.27	C$6.58	2.14%	🇨🇳 China
8	XPeng XPEV	-48.1	C$27.49	2.02%	🇨🇳 China
9	NIU NIU	-83.2	C$4.33	4.32%	🇨🇳 China
10	Lucid Motors LCID	-1.11	C$15.82	0.00%	🇺🇸 USA
11	Rivian RIVN	-5.25	C$22.51	0.91%	🇺🇸 USA
12	REE Automotive REE	-0.0811	C$0.98	2.84%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1733	C$0.21	3.53%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1640	C$1.37	7.07%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	C$0.0001379	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.2441	C$1.42	0.96%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA

18	Polestar PSNY	-2.66	C$23.65	6.28%	🇸🇪 Sweden
19	Gogoro GGR	-1.02	C$4.40	1.85%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	21.2	C$1.46	7.66%	🇨🇳 China
21	XOS XOS	-0.5406	C$3.21	3.56%	🇺🇸 USA
22	Leapmotor 9863.HK	-19.8	C$7.90	1.15%	🇨🇳 China
23	Workhorse Group WKHS	-0.0165	C$7.08	2.60%	🇺🇸 USA
24	U Power UCAR	-0.7041	C$2.14	1.27%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3266	C$2.66	9.81%	🇨🇳 China
26	VinFast Auto VFS	-2.26	C$4.76	0.00%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-7.62	C$4.10	15.12%	🇺🇸 USA
28	Lotus Technology LOT	-1.13	C$2.08	3.42%	🇨🇳 China
29	Zeekr ZK	-17.1	C$36.87	0.49%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0429	C$0.66	1.16%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.13	C$0.49	0.46%	🇮🇳 India
32	BYD 002594.SZ	44.9	C$18.55	0.49%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-27.2	C$9.39	1.39%	🇮🇳 India
34	Aptera Motors SEV	N/A	C$3.32	25.85%	🇺🇸 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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