Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 699

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	21.4	$4.82	1.47%	🇨🇳 China
2	Yadea Group 1585.HK	25.4	$1.47	1.24%	🇨🇳 China
3	Li Auto LI	28.6	$18.28	0.22%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	46.5	$11.17	0.27%	🇮🇳 India
5	Tesla TSLA	350	$411.82	0.03%	🇺🇸 USA
6	Hyliion HYLN	-5.97	$2.01	2.43%	🇺🇸 USA
7	NIO NIO	-3.48	$5.07	2.84%	🇨🇳 China
8	XPeng XPEV	-42.4	$17.62	0.73%	🇨🇳 China
9	NIU NIU	-93.8	$3.49	1.45%	🇨🇳 China
10	Lucid Motors LCID	-0.9496	$9.55	2.05%	🇺🇸 USA
11	Rivian RIVN	-4.89	$15.27	2.05%	🇺🇸 USA
12	REE Automotive REE	-0.0662	$0.60	4.53%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1334	$0.12	1.52%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1835	$1.10	0.00%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.1076	$0.45	8.47%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-2.66	$17.22	2.88%	🇸🇪 Sweden
19	Gogoro GGR	-0.9679	$2.95	0.68%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	20.9	$1.05	1.87%	🇨🇳 China
21	XOS XOS	-0.5151	$2.24	2.75%	🇺🇸 USA
22	Leapmotor 9863.HK	-19.3	$5.59	0.50%	🇨🇳 China
23	Workhorse Group WKHS	-0.0116	$3.61	1.63%	🇺🇸 USA
24	U Power UCAR	-0.6369	$1.52	8.57%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0009	$1.62	0.00%	🇨🇳 China
26	VinFast Auto VFS	-2.13	$3.25	0.31%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.56	$2.21	5.15%	🇺🇸 USA
28	Lotus Technology LOT	-0.8358	$1.11	1.83%	🇨🇳 China
29	Zeekr ZK	-17.1	$26.73	0.49%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0378	$0.42	2.27%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-5.77	$0.29	3.49%	🇮🇳 India
32	BYD 002594.SZ	43.6	$13.07	0.98%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-31.1	$7.81	3.39%	🇮🇳 India
34	Aptera Motors SEV	N/A	$1.74	2.79%	🇺🇸 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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