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	8.05	C$1.54	1.71%	🇨🇳 China
2	Xiaomi XIACF	15.4	C$4.69	0.30%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	52.1	C$17.49	1.06%	🇮🇳 India
4	Leapmotor 9863.HK	85.2	C$6.64	6.64%	🇨🇳 China
5	Tesla TSLA	303	C$509.50	0.53%	🇺🇸 USA
6	Hyliion HYLN	-13.7	C$5.87	2.94%	🇺🇸 USA
7	NIO NIO	-6.60	C$5.12	1.10%	🇨🇳 China
8	XPeng XPEV	-31.3	C$14.85	0.19%	🇨🇳 China
9	Niu Technologies NIU	-12.0	C$2.90	0.00%	🇨🇳 China
10	Li Auto LI	-45.7	C$16.98	1.42%	🇨🇳 China
11	Lucid Motors LCID	-0.3225	C$5.72	4.44%	🇺🇸 USA
12	Rivian RIVN	-5.15	C$20.97	2.66%	🇺🇸 USA
13	REE Automotive REE	-0.0088	C$0.11	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	C$0.11	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2816	C$1.13	5.78%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	C$0.0001399	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	C$0.10	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.7102	C$10.99	1.01%	🇸🇪 Sweden
20	Gogoro GGR	-0.5890	C$3.94	2.92%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	10.7	C$0.73	5.31%	🇨🇳 China
22	Xos, Inc. XOS	-1.32	C$3.62	0.38%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0954	C$4.00	5.92%	🇺🇸 USA
24	U Power UCAR	-0.2008	C$6.46	3.82%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	C$1.24	5.64%	🇨🇳 China
26	VinFast Auto VFS	-1.81	C$4.52	0.31%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.69	C$2.28	14.79%	🇺🇸 USA
28	Lotus Technology LOT	-0.7950	C$1.24	6.50%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3053	C$0.31	0.85%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.47	C$0.53	1.09%	🇮🇳 India
31	BYD 002594.SZ	25.6	C$17.63	0.79%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-110	C$23.93	5.81%	🇮🇳 India
33	Aptera Motors SEV	-1.16	C$3.04	3.83%	🇺🇸 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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