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	7.68	$1.05	6.34%	🇨🇳 China
2	Xiaomi XIACF	15.7	$3.30	0.39%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	42.3	$10.13	0.16%	🇮🇳 India
4	Leapmotor 9863.HK	76.0	$4.24	0.84%	🇨🇳 China
5	Tesla TSLA	315	$372.22	0.63%	🇺🇸 USA
6	Hyliion HYLN	-9.83	$2.95	4.84%	🇺🇸 USA
7	NIO NIO	-11.9	$3.29	0.60%	🇨🇳 China
8	XPeng XPEV	-19.4	$9.21	1.54%	🇨🇳 China
9	Niu Technologies NIU	-5.03	$1.85	0.54%	🇨🇳 China
10	Li Auto LI	-17.1	$11.39	0.70%	🇨🇳 China
11	Lucid Motors LCID	-0.2571	$3.52	1.73%	🇺🇸 USA
12	Rivian RIVN	-4.59	$11.83	1.91%	🇺🇸 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	-0.8631	$1.45	8.81%	🇨🇦 Canada
16	Lightning eMotors ZEVY	-0.0001	$0.001000	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0014	$0.63	2.51%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.3335	$3.67	2.80%	🇸🇪 Sweden
20	Gogoro GGR	-0.9177	$2.90	3.01%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	68.2	$3.41	3.18%	🇨🇳 China
22	Xos, Inc. XOS	-1.68	$2.72	1.09%	🇺🇸 USA
23	Workhorse Group WKHS	-0.3818	$2.60	0.74%	🇺🇸 USA
24	U Power UCAR	-0.1361	$3.13	1.62%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	$0.76	3.53%	🇨🇳 China
26	VinFast Auto VFS	-1.76	$3.07	3.72%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.46	$1.65	0.60%	🇺🇸 USA
28	Lotus Technology LOT	-0.4202	$0.50	1.35%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.2493	$0.18	0.63%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.20	$0.32	0.03%	🇮🇳 India
31	BYD 002594.SZ	35.3	$12.33	1.04%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-128	$14.70	0.58%	🇮🇳 India
33	Aptera Motors SEV	-1.35	$1.51	4.86%	🇺🇸 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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