Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 411

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	Li Auto LI	15.3	$17.08	0.41%	🇨🇳 China
2	Yadea Group 1585.HK	27.0	$1.56	1.38%	🇨🇳 China
3	Xiaomi XIACF	29.4	$5.45	0.37%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	55.9	$13.40	1.62%	🇮🇳 India
5	Tesla TSLA	277	$458.96	2.71%	🇺🇸 USA
6	Hyliion HYLN	-5.74	$1.94	3.48%	🇺🇸 USA
7	NIO NIO	-3.20	$5.03	1.95%	🇨🇳 China
8	XPeng XPEV	-30.5	$18.99	1.04%	🇨🇳 China
9	NIU NIU	-12.9	$3.25	1.22%	🇨🇳 China
10	Lucid Motors LCID	-1.24	$12.54	2.26%	🇺🇸 USA
11	Rivian RIVN	-6.07	$18.42	12.11%	🇺🇸 USA
12	REE Automotive REE	-0.0908	$0.78	3.33%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1543	$0.16	5.20%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1443	$0.96	2.72%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0567	$1.07	3.60%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-1.56	$0.56	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-1.21	$3.72	3.12%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	20.5	$1.04	5.91%	🇨🇳 China
21	XOS XOS	-0.4000	$2.32	0.00%	🇺🇸 USA
22	Leapmotor 9863.HK	-22.2	$6.42	1.75%	🇨🇳 China
23	Workhorse Group WKHS	-0.2497	$6.51	0.77%	🇺🇸 USA
24	U Power UCAR	-0.8404	$1.80	3.21%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3647	$2.28	1.79%	🇨🇳 China
26	VinFast Auto VFS	-2.40	$3.30	0.30%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-13.0	$4.94	0.61%	🇺🇸 USA
28	Lotus Technology LOT	-0.8896	$1.36	1.49%	🇨🇳 China
29	Zeekr ZK	-14.7	$26.73	0.26%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0450	$0.50	2.87%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-8.03	$0.41	0.08%	🇮🇳 India
32	BYD 002594.SZ	45.9	$13.75	0.80%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-28.5	$7.12	0.21%	🇮🇳 India
34	Aptera Motors SEV	N/A	$4.85	1.22%	🇺🇸 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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