Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 652

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	20.5	$4.55	1.52%	🇨🇳 China
2	Yadea Group 1585.HK	26.0	$1.51	1.90%	🇨🇳 China
3	Li Auto LI	29.0	$18.46	1.12%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	46.4	$11.13	1.32%	🇮🇳 India
5	Tesla TSLA	352	$417.39	1.96%	🇺🇸 USA
6	Hyliion HYLN	-5.63	$1.92	3.77%	🇺🇸 USA
7	NIO NIO	-3.59	$5.20	1.79%	🇨🇳 China
8	XPeng XPEV	-43.8	$18.22	2.75%	🇨🇳 China
9	NIU NIU	-96.7	$3.62	3.08%	🇨🇳 China
10	Lucid Motors LCID	-0.9903	$10.26	3.38%	🇺🇸 USA
11	Rivian RIVN	-4.95	$15.24	0.76%	🇺🇸 USA
12	REE Automotive REE	-0.0659	$0.60	2.73%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1317	$0.12	2.09%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.2181	$1.29	6.61%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.1310	$0.57	14.83%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-3.01	$19.65	2.00%	🇸🇪 Sweden
19	Gogoro GGR	-1.03	$3.25	16.07%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	20.2	$1.02	0.50%	🇨🇳 China
21	XOS XOS	-0.5058	$2.20	1.86%	🇺🇸 USA
22	Leapmotor 9863.HK	-19.0	$5.51	3.71%	🇨🇳 China
23	Workhorse Group WKHS	-0.0117	$3.50	3.55%	🇺🇸 USA
24	U Power UCAR	-0.6269	$1.37	7.74%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0009	$1.60	1.23%	🇨🇳 China
26	VinFast Auto VFS	-2.16	$3.28	0.30%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.23	$1.60	2.74%	🇺🇸 USA
28	Lotus Technology LOT	-0.8433	$1.14	2.71%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0372	$0.42	1.14%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-5.55	$0.28	1.67%	🇮🇳 India
31	BYD 002594.SZ	44.5	$13.31	0.64%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-31.0	$7.77	1.07%	🇮🇳 India
33	Aptera Motors SEV	N/A	$2.11	6.57%	🇺🇸 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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