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	8.19	C$1.57	2.39%	🇨🇳 China
2	Xiaomi XIACF	15.4	C$4.67	1.21%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	51.5	C$17.29	1.56%	🇮🇳 India
4	Leapmotor 9863.HK	79.9	C$6.23	0.34%	🇨🇳 China
5	Tesla TSLA	307	C$512.13	2.27%	🇺🇸 USA
6	Hyliion HYLN	-13.8	C$5.71	3.55%	🇺🇸 USA
7	NIO NIO	-6.51	C$5.06	1.12%	🇨🇳 China
8	XPeng XPEV	-31.5	C$14.82	2.51%	🇨🇳 China
9	Niu Technologies NIU	-12.3	C$2.89	0.98%	🇨🇳 China
10	Li Auto LI	-45.3	C$16.74	0.50%	🇨🇳 China
11	Lucid Motors LCID	-0.3382	C$5.99	5.94%	🇺🇸 USA
12	Rivian RIVN	-5.37	C$21.54	1.12%	🇺🇸 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	-0.2634	C$1.07	0.67%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	C$0.0001398	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	-0.7034	C$11.10	8.77%	🇸🇪 Sweden
20	Gogoro GGR	-0.5847	C$3.83	2.24%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	11.4	C$0.77	6.12%	🇨🇳 China
22	Xos, Inc. XOS	-1.33	C$3.64	3.59%	🇺🇸 USA
23	Workhorse Group WKHS	-0.1017	C$4.25	0.33%	🇺🇸 USA
24	U Power UCAR	-0.1856	C$6.22	15.58%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	C$1.18	2.13%	🇨🇳 China
26	VinFast Auto VFS	-1.83	C$4.53	3.85%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.05	C$1.99	19.33%	🇺🇸 USA
28	Lotus Technology LOT	-0.8169	C$1.32	3.99%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3036	C$0.30	0.21%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.53	C$0.54	1.21%	🇮🇳 India
31	BYD 002594.SZ	25.8	C$17.75	1.20%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-104	C$22.60	1.12%	🇮🇳 India
33	Aptera Motors SEV	-1.18	C$2.92	1.46%	🇺🇸 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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