Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 734

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	18.5	C$5.61	3.01%	🇨🇳 China
2	Yadea Group 1585.HK	28.2	C$2.23	0.47%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	56.5	C$18.05	0.93%	🇮🇳 India
4	Li Auto LI	122	C$25.33	1.98%	🇨🇳 China
5	Tesla TSLA	330	C$531.95	0.78%	🇺🇸 USA
6	Hyliion HYLN	-5.65	C$2.63	1.03%	🇺🇸 USA
7	NIO NIO	-7.00	C$9.40	6.84%	🇨🇳 China
8	XPeng XPEV	-44.1	C$24.96	3.34%	🇨🇳 China
9	NIU NIU	-82.4	C$4.25	2.30%	🇨🇳 China
10	Lucid Motors LCID	-0.6564	C$10.53	6.21%	🇺🇸 USA
11	Rivian RIVN	-5.50	C$23.10	2.93%	🇺🇸 USA
12	REE Automotive REE	-0.0700	C$0.84	2.84%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.0881	C$0.11	9.04%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1583	C$1.31	0.81%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	C$0.0001368	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0714	C$0.41	0.72%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	C$0.31	0.00%	🇺🇸 USA

18	Polestar PSNY	-3.18	C$28.04	2.57%	🇸🇪 Sweden
19	Gogoro GGR	-1.28	C$5.48	3.03%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	16.3	C$1.12	1.72%	🇨🇳 China
21	XOS XOS	-0.3944	C$2.33	1.80%	🇺🇸 USA
22	Leapmotor 9863.HK	-25.2	C$9.95	0.26%	🇨🇳 China
23	Workhorse Group WKHS	-0.0089	C$3.76	3.17%	🇺🇸 USA
24	U Power UCAR	-0.5224	C$1.57	15.44%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	C$1.83	2.06%	🇨🇳 China
26	VinFast Auto VFS	-2.66	C$5.77	1.17%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.79	C$2.56	3.89%	🇺🇸 USA
28	Lotus Technology LOT	-1.03	C$1.89	4.17%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0380	C$0.59	0.82%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-8.33	C$0.60	5.53%	🇮🇳 India
31	BYD 002594.SZ	50.8	C$20.81	1.67%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-48.2	C$12.54	1.75%	🇮🇳 India
33	Aptera Motors SEV	N/A	C$4.39	1.83%	🇺🇸 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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