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	Xiaomi XIACF	17.3	C$5.32	1.05%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	55.0	C$17.75	0.92%	🇮🇳 India
3	Li Auto LI	105	C$21.93	0.06%	🇨🇳 China
4	Tesla TSLA	361	C$598.72	1.78%	🇺🇸 USA
5	Hyliion HYLN	-19.4	C$9.11	10.18%	🇺🇸 USA
6	NIO NIO	-5.36	C$7.26	1.15%	🇨🇳 China
7	XPeng XPEV	-100	C$22.85	6.16%	🇨🇳 China
8	NIU NIU	-65.1	C$3.40	2.50%	🇨🇳 China
9	Lucid Motors LCID	-0.4668	C$8.24	2.23%	🇺🇸 USA
10	Rivian RIVN	-4.93	C$19.87	1.20%	🇺🇸 USA
11	REE Automotive REE	-0.0445	C$0.54	5.06%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	C$0.11	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1769	C$1.48	0.00%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	C$0.0001381	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0716	C$0.42	4.73%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.06	C$30.53	0.63%	🇸🇪 Sweden

18	Gogoro GGR	-1.23	C$5.32	3.99%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	15.2	C$1.05	3.71%	🇨🇳 China
20	XOS XOS	-0.4872	C$2.90	0.00%	🇺🇸 USA
21	Leapmotor 9863.HK	-18.8	C$7.51	0.09%	🇨🇳 China
22	Workhorse Group WKHS	-0.0110	C$4.69	6.58%	🇺🇸 USA
23	Yadea Group 1585.HK	25.8	C$2.06	0.85%	🇨🇳 China
24	U Power UCAR	-0.6860	C$2.09	11.03%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	C$2.03	9.26%	🇨🇳 China
26	VinFast Auto VFS	-2.26	C$4.96	0.56%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.69	C$1.99	3.60%	🇺🇸 USA
28	Lotus Technology LOT	-0.9925	C$1.84	1.48%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0332	C$0.51	4.61%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.44	C$0.54	0.82%	🇮🇳 India
31	BYD 002594.SZ	28.9	C$19.65	0.61%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-63.6	C$13.72	3.17%	🇮🇳 India
33	Aptera Motors SEV	N/A	C$3.48	1.20%	🇺🇸 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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