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	Yadea Group 1585.HK	7.55	$1.03	2.06%	🇨🇳 China
2	Xiaomi XIACF	15.7	$3.34	0.30%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	51.7	$12.03	1.53%	🇮🇳 India
4	Leapmotor 9863.HK	79.3	$4.41	2.92%	🇨🇳 China
5	Tesla TSLA	303	$357.45	3.94%	🇺🇸 USA
6	Hyliion HYLN	-13.2	$3.96	6.16%	🇺🇸 USA
7	NIO NIO	-13.0	$3.59	0.28%	🇨🇳 China
8	XPeng XPEV	-21.0	$9.95	1.68%	🇨🇳 China
9	Niu Technologies NIU	-5.19	$1.91	6.83%	🇨🇳 China
10	Li Auto LI	-17.6	$11.71	1.83%	🇨🇳 China
11	Lucid Motors LCID	-0.2849	$3.90	4.18%	🇺🇸 USA
12	Rivian RIVN	-5.73	$14.79	4.40%	🇺🇸 USA
13	REE Automotive REE	-0.0088	$0.07690	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0023	$0.07750	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.3749	$0.63	8.40%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0002	$0.07170	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.6035	$6.64	4.18%	🇸🇪 Sweden
20	Gogoro GGR	-1.00	$3.16	3.61%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	16.4	$0.82	39.46%	🇨🇳 China
22	Xos, Inc. XOS	-1.62	$2.62	0.00%	🇺🇸 USA
23	Workhorse Group WKHS	-0.4258	$2.90	1.05%	🇺🇸 USA
24	U Power UCAR	-0.1881	$4.33	5.29%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0002	$0.92	1.07%	🇨🇳 China
26	VinFast Auto VFS	-1.80	$3.14	1.26%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.22	$1.56	4.00%	🇺🇸 USA
28	Lotus Technology LOT	-0.7374	$0.87	3.31%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.2992	$0.21	1.64%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-9.06	$0.39	0.18%	🇮🇳 India
31	BYD 002594.SZ	35.0	$12.23	1.60%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-136	$14.78	2.41%	🇮🇳 India
33	Aptera Motors SEV	-1.77	$1.98	0.51%	🇺🇸 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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