Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 459

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	23.4	C$7.17	0.38%	🇨🇳 China
2	Li Auto LI	25.5	C$22.30	0.15%	🇨🇳 China
3	Yadea Group 1585.HK	26.9	C$2.14	0.67%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	53.5	C$17.56	1.31%	🇮🇳 India
5	Tesla TSLA	295	C$666.24	3.45%	🇺🇸 USA
6	Hyliion HYLN	-5.35	C$2.51	3.41%	🇺🇸 USA
7	NIO NIO	-3.38	C$6.80	1.44%	🇨🇳 China
8	XPeng XPEV	-44.9	C$25.64	2.82%	🇨🇳 China
9	NIU NIU	-81.0	C$4.22	4.08%	🇨🇳 China
10	Lucid Motors LCID	-1.11	C$15.78	2.88%	🇺🇸 USA
11	Rivian RIVN	-6.52	C$27.95	15.03%	🇺🇸 USA
12	REE Automotive REE	-0.0768	C$0.92	1.37%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1639	C$0.20	5.13%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1372	C$1.14	7.10%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	C$0.0001378	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.2583	C$1.50	5.83%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA

18	Polestar PSNY	-0.0864	C$0.77	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-1.17	C$5.03	0.82%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	17.6	C$1.21	2.39%	🇨🇳 China
21	XOS XOS	-0.4664	C$2.77	2.90%	🇺🇸 USA
22	Leapmotor 9863.HK	-21.6	C$8.64	2.14%	🇨🇳 China
23	Workhorse Group WKHS	-0.2027	C$7.22	3.68%	🇺🇸 USA
24	U Power UCAR	-0.7428	C$2.25	5.22%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3096	C$2.52	7.58%	🇨🇳 China
26	VinFast Auto VFS	-2.20	C$4.64	1.32%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-12.5	C$6.74	2.30%	🇺🇸 USA
28	Lotus Technology LOT	-1.04	C$1.92	0.72%	🇨🇳 China
29	Zeekr ZK	-17.0	C$36.66	0.23%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0415	C$0.64	1.07%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.33	C$0.53	9.98%	🇮🇳 India
32	BYD 002594.SZ	45.0	C$18.57	1.39%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-29.1	C$10.24	1.11%	🇮🇳 India
34	Aptera Motors SEV	N/A	C$6.62	2.83%	🇺🇸 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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