Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 719

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	18.6	$4.13	0.48%	🇨🇳 China
2	Yadea Group 1585.HK	29.3	$1.69	2.95%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	46.3	$10.96	0.56%	🇮🇳 India
4	Li Auto LI	121	$18.38	3.08%	🇨🇳 China
5	Tesla TSLA	323	$381.26	2.56%	🇺🇸 USA
6	Hyliion HYLN	-5.15	$1.75	0.57%	🇺🇸 USA
7	NIO NIO	-6.32	$6.20	2.82%	🇨🇳 China
8	XPeng XPEV	-42.3	$17.51	2.34%	🇨🇳 China
9	NIU NIU	-76.8	$2.90	0.35%	🇨🇳 China
10	Lucid Motors LCID	-0.8150	$9.56	0.31%	🇺🇸 USA
11	Rivian RIVN	-4.87	$14.94	0.73%	🇺🇸 USA
12	REE Automotive REE	-0.0715	$0.63	1.68%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1355	$0.12	0.67%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1661	$1.01	2.41%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0591	$0.25	7.69%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-2.87	$18.51	0.49%	🇸🇪 Sweden
19	Gogoro GGR	-1.13	$3.52	1.15%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	16.7	$0.84	0.19%	🇨🇳 China
21	XOS XOS	-0.4084	$1.76	7.98%	🇺🇸 USA
22	Leapmotor 9863.HK	-23.4	$6.76	3.41%	🇨🇳 China
23	Workhorse Group WKHS	-0.0090	$2.78	7.95%	🇺🇸 USA
24	U Power UCAR	-0.2739	$0.60	58.68%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0007	$1.26	5.00%	🇨🇳 China
26	VinFast Auto VFS	-2.58	$4.10	6.49%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.31	$1.68	1.20%	🇺🇸 USA
28	Lotus Technology LOT	-0.8731	$1.17	1.74%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0311	$0.35	1.50%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-5.66	$0.30	9.46%	🇮🇳 India
31	BYD 002594.SZ	49.3	$14.75	0.97%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-43.2	$8.19	1.15%	🇮🇳 India
33	Aptera Motors SEV	N/A	$2.69	1.51%	🇺🇸 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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