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	8.80	C$1.68	4.39%	🇨🇳 China
2	Xiaomi XIACF	16.6	C$5.01	1.58%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	57.9	C$19.27	0.01%	🇮🇳 India
4	Leapmotor 9863.HK	90.5	C$6.96	1.95%	🇨🇳 China
5	Tesla TSLA	288	C$480.10	1.26%	🇺🇸 USA
6	Hyliion HYLN	-11.1	C$4.61	2.47%	🇺🇸 USA
7	NIO NIO	-8.00	C$6.18	2.06%	🇨🇳 China
8	XPeng XPEV	-34.6	C$16.26	0.95%	🇨🇳 China
9	Niu Technologies NIU	-11.5	C$2.72	0.00%	🇨🇳 China
10	Li Auto LI	-46.0	C$16.85	1.06%	🇨🇳 China
11	Lucid Motors LCID	-0.3870	C$6.87	5.89%	🇺🇸 USA
12	Rivian RIVN	-5.59	C$22.67	2.45%	🇺🇸 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	-0.5411	C$2.19	1.86%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	C$0.0001388	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	C$0.09954	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.13	C$17.21	1.12%	🇸🇪 Sweden
20	Gogoro GGR	-0.5614	C$3.68	1.12%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	13.2	C$0.91	0.32%	🇨🇳 China
22	Xos, Inc. XOS	-1.82	C$5.00	2.27%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0990	C$4.19	3.82%	🇺🇸 USA
24	U Power UCAR	-0.0276	C$0.88	7.38%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	C$1.37	3.57%	🇨🇳 China
26	VinFast Auto VFS	-1.76	C$4.28	1.60%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.70	C$1.90	11.38%	🇺🇸 USA
28	Lotus Technology LOT	-1.01	C$1.65	3.48%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.4034	C$0.40	0.40%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.67	C$0.55	0.97%	🇮🇳 India
31	BYD 002594.SZ	27.6	C$18.93	0.65%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-99.9	C$21.73	0.05%	🇮🇳 India
33	Aptera Motors SEV	-1.28	C$3.18	3.98%	🇺🇸 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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