Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -239

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	Hyliion HYLN	-2.55	$3.21	5.53%	🇺🇸 USA
2	Tesla TSLA	113	$554.81	5.17%	🇺🇸 USA
3	NIO NIO	-2.37	$6.19	0.93%	🇨🇳 China
4	XPeng XPEV	-10.9	$22.69	3.09%	🇨🇳 China
5	Nikola NKLA	-0.4558	$1.04	8.86%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.55	0.00%	🇺🇸 USA
7	NIU NIU	-11.0	$2.86	1.98%	🇨🇳 China
8	Li Auto LI	87.5	$33.08	2.31%	🇨🇳 China
9	Canoo GOEV	-0.3558	$0.54	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.96	$4.05	1.45%	🇺🇸 USA
11	Rivian RIVN	-1.91	$17.92	1.35%	🇺🇸 USA
12	REE Automotive REE	-0.9262	$12.00	4.05%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.13	$1.49	1.90%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	$0.93	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.41	$1.14	5.40%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.36	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.00001446	90.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0019	$0.38	8.33%	🇺🇸 USA
19	Faraday Future FFIE	-0.0170	$1.91	0.00%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3580	$0.36	0.80%	🇺🇸 USA
21	Polestar PSNY	-7.74	$1.50	1.96%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.59	1.68%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-20.8	$1.52	5.41%	🇨🇳 China
24	XOS XOS	-5.77	$4.34	2.91%	🇺🇸 USA
25	Leapmotor 9863.HK	-11.0	$6.22	3.24%	🇨🇳 China
26	Workhorse Group WKHS	-0.6642	$0.70	5.99%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	157	$22.66	0.44%	🇮🇳 India
28	Yadea Group 1585.HK	22.1	$2.40	2.37%	🇨🇳 China
29	U Power UCAR	-19.9	$3.57	8.18%	🇨🇳 China
30	EZGO Technologies EZGO	-1.96	$0.77	4.29%	🇨🇳 China
31	VinFast Auto VFS	-3.67	$5.48	2.82%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-6.37	$4.40	3.49%	🇺🇸 USA
33	NWTN Inc. NWTN	-15.0	$0.94	3.14%	🇦🇪 UAE
34	Lotus Technology LOT	-2.47	$3.85	4.66%	🇨🇳 China
35	Xiaomi XIACF	89.5	$7.23	2.91%	🇨🇳 China
36	Zeekr ZK	N/A	$36.19	4.25%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.30	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.3837	$1.20	7.97%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-36.5	$1.24	2.42%	🇮🇳 India

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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