Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 643

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	19.8	$4.40	1.15%	🇨🇳 China
2	Yadea Group 1585.HK	24.3	$1.40	1.35%	🇨🇳 China
3	Li Auto LI	28.8	$18.32	3.13%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	40.8	$9.77	3.43%	🇮🇳 India
5	Tesla TSLA	344	$407.78	2.14%	🇺🇸 USA
6	Hyliion HYLN	-6.06	$2.06	2.74%	🇺🇸 USA
7	NIO NIO	-3.77	$5.48	3.86%	🇨🇳 China
8	XPeng XPEV	-46.2	$19.28	2.17%	🇨🇳 China
9	NIU NIU	-110	$4.18	3.85%	🇨🇳 China
10	Lucid Motors LCID	-1.02	$10.66	4.15%	🇺🇸 USA
11	Rivian RIVN	-5.27	$16.63	0.54%	🇺🇸 USA
12	REE Automotive REE	-0.0673	$0.58	1.69%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1278	$0.12	1.32%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1884	$1.12	4.67%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0876	$0.37	9.92%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-2.54	$16.30	4.29%	🇸🇪 Sweden
19	Gogoro GGR	-1.30	$3.94	2.35%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	19.1	$0.94	0.43%	🇨🇳 China
21	XOS XOS	-0.4872	$2.07	0.49%	🇺🇸 USA
22	Leapmotor 9863.HK	-18.9	$5.47	4.39%	🇨🇳 China
23	Workhorse Group WKHS	-0.0112	$3.49	0.00%	🇺🇸 USA
24	U Power UCAR	-0.3046	$0.67	5.67%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	$1.36	4.90%	🇨🇳 China
26	VinFast Auto VFS	-2.04	$3.12	0.95%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.97	$1.57	2.48%	🇺🇸 USA
28	Lotus Technology LOT	-0.8806	$1.20	0.85%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0317	$0.36	1.10%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-5.13	$0.26	1.24%	🇮🇳 India
31	BYD 002594.SZ	48.2	$14.45	2.71%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-30.4	$7.62	0.90%	🇮🇳 India
33	Aptera Motors SEV	N/A	$3.42	10.33%	🇺🇸 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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