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	8.10	$1.11	1.58%	🇨🇳 China
2	Xiaomi XIACF	15.5	$3.36	2.04%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	52.7	$12.65	0.15%	🇮🇳 India
4	Leapmotor 9863.HK	84.3	$4.70	4.48%	🇨🇳 China
5	Tesla TSLA	305	$363.44	0.55%	🇺🇸 USA
6	Hyliion HYLN	-13.0	$3.82	2.18%	🇺🇸 USA
7	NIO NIO	-6.63	$3.74	1.34%	🇨🇳 China
8	XPeng XPEV	-31.1	$10.71	1.59%	🇨🇳 China
9	Niu Technologies NIU	-11.9	$2.06	1.44%	🇨🇳 China
10	Li Auto LI	-44.7	$12.27	3.89%	🇨🇳 China
11	Lucid Motors LCID	-0.3299	$4.16	1.46%	🇺🇸 USA
12	Rivian RIVN	-5.49	$15.96	0.41%	🇺🇸 USA
13	REE Automotive REE	-0.0088	$0.07690	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	$0.07750	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2573	$0.75	0.19%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	$0.07170	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.7125	$7.86	0.26%	🇸🇪 Sweden
20	Gogoro GGR	-0.5456	$2.65	1.95%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	12.1	$0.60	1.81%	🇨🇳 China
22	Xos, Inc. XOS	-1.37	$2.62	3.32%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0987	$2.98	1.16%	🇺🇸 USA
24	U Power UCAR	-0.0188	$3.89	21.79%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	$0.84	2.02%	🇨🇳 China
26	VinFast Auto VFS	-1.84	$3.15	1.87%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.08	$1.13	0.88%	🇺🇸 USA
28	Lotus Technology LOT	-0.9237	$1.02	6.48%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3229	$0.23	2.45%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.87	$0.40	1.63%	🇮🇳 India
31	BYD 002594.SZ	25.9	$12.75	1.70%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-111	$17.33	0.14%	🇮🇳 India
33	Aptera Motors SEV	-1.26	$2.19	3.10%	🇺🇸 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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