Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 998

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	7.81	$1.07	3.01%	🇨🇳 China
2	Xiaomi XIACF	18.1	$3.63	4.22%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	45.9	$10.85	1.86%	🇮🇳 India
4	Leapmotor 9863.HK	69.0	$3.84	3.08%	🇨🇳 China
5	Tesla TSLA	395	$390.22	1.82%	🇺🇸 USA
6	Hyliion HYLN	-7.97	$2.47	8.18%	🇺🇸 USA
7	NIO NIO	-10.6	$2.90	4.92%	🇨🇳 China
8	XPeng XPEV	-19.7	$9.37	0.95%	🇨🇳 China
9	Niu Technologies NIU	-4.75	$1.69	4.52%	🇨🇳 China
10	Li Auto LI	-17.5	$11.64	0.43%	🇨🇳 China
11	Lucid Motors LCID	-0.2181	$2.96	9.22%	🇺🇸 USA
12	Rivian RIVN	-5.62	$12.18	4.84%	🇺🇸 USA
13	REE Automotive REE	-0.0088	$0.07690	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0040	$0.13	27.47%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.7024	$1.16	5.69%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	$0.0007000	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0004	$0.19	9.52%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.2780	$3.24	23.94%	🇸🇪 Sweden
20	Gogoro GGR	-0.8342	$2.60	6.96%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	68.8	$3.43	3.94%	🇨🇳 China
22	Xos, Inc. XOS	-1.11	$1.71	25.33%	🇺🇸 USA
23	Workhorse Group WKHS	-0.4207	$2.88	4.64%	🇺🇸 USA
24	U Power UCAR	-0.1274	$2.95	0.68%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0003	$1.57	1.29%	🇨🇳 China
26	VinFast Auto VFS	-2.10	$3.05	0.33%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-0.7611	$0.30	36.32%	🇺🇸 USA
28	Lotus Technology LOT	-0.2188	$0.26	4.96%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.1881	$0.13	2.28%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-8.70	$0.37	3.05%	🇮🇳 India
31	BYD 002594.SZ	34.3	$11.98	0.41%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-310	$20.59	1.14%	🇮🇳 India
33	Aptera Motors SEV	-1.38	$1.57	3.29%	🇺🇸 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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