Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 434

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	22.8	$5.07	0.10%	🇨🇳 China
2	Yadea Group 1585.HK	25.5	$1.48	1.50%	🇨🇳 China
3	Li Auto LI	26.7	$16.93	1.97%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	57.9	$13.94	4.41%	🇮🇳 India
5	Tesla TSLA	274	$449.72	1.00%	🇺🇸 USA
6	Hyliion HYLN	-5.41	$1.84	3.16%	🇺🇸 USA
7	NIO NIO	-3.49	$5.10	7.27%	🇨🇳 China
8	XPeng XPEV	-49.0	$20.28	4.70%	🇨🇳 China
9	NIU NIU	-80.2	$3.03	4.11%	🇨🇳 China
10	Lucid Motors LCID	-1.03	$10.57	3.03%	🇺🇸 USA
11	Rivian RIVN	-6.34	$19.71	0.56%	🇺🇸 USA
12	REE Automotive REE	-0.0840	$0.73	8.30%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1547	$0.14	3.48%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1290	$0.78	0.05%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.2417	$1.02	0.97%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-0.0864	$0.56	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-0.8782	$2.74	6.80%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	15.8	$0.79	1.71%	🇨🇳 China
21	XOS XOS	-0.4200	$1.81	0.56%	🇺🇸 USA
22	Leapmotor 9863.HK	-21.9	$6.40	2.47%	🇨🇳 China
23	Workhorse Group WKHS	-0.1969	$5.09	3.42%	🇺🇸 USA
24	U Power UCAR	-0.6905	$1.52	5.01%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3367	$1.99	7.57%	🇨🇳 China
26	VinFast Auto VFS	-2.18	$3.34	0.60%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-11.3	$4.42	4.12%	🇺🇸 USA
28	Lotus Technology LOT	-1.05	$1.41	2.08%	🇨🇳 China
29	Zeekr ZK	-17.1	$26.73	0.49%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0423	$0.47	1.08%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-8.52	$0.45	7.96%	🇮🇳 India
32	BYD 002594.SZ	46.7	$13.97	2.04%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-33.2	$8.25	0.43%	🇮🇳 India
34	Aptera Motors SEV	N/A	$4.29	11.55%	🇺🇸 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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