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	Xiaomi XIACF	17.7	$3.93	1.75%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	53.2	$12.51	2.67%	🇮🇳 India
3	Li Auto LI	122	$18.51	3.94%	🇨🇳 China
4	Tesla TSLA	352	$422.24	4.75%	🇺🇸 USA
5	Hyliion HYLN	-13.7	$4.67	26.56%	🇺🇸 USA
6	NIO NIO	-6.22	$6.10	2.40%	🇨🇳 China
7	XPeng XPEV	-94.5	$15.62	3.10%	🇨🇳 China
8	NIU NIU	-75.2	$2.84	0.35%	🇨🇳 China
9	Lucid Motors LCID	-0.4722	$6.04	3.67%	🇺🇸 USA
10	Rivian RIVN	-4.72	$13.79	5.03%	🇺🇸 USA
11	REE Automotive REE	-0.0506	$0.44	3.70%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	$0.07750	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1802	$1.09	0.00%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0853	$0.36	7.26%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.04	$21.85	4.70%	🇸🇪 Sweden

18	Gogoro GGR	-1.27	$3.97	0.76%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	13.0	$0.65	3.99%	🇨🇳 China
20	XOS XOS	-0.4942	$2.13	7.58%	🇺🇸 USA
21	Leapmotor 9863.HK	-18.4	$5.32	7.83%	🇨🇳 China
22	Workhorse Group WKHS	-0.0096	$2.98	17.54%	🇺🇸 USA
23	Yadea Group 1585.HK	26.2	$1.52	1.45%	🇨🇳 China
24	U Power UCAR	-0.5906	$1.30	4.41%	🇨🇳 China
25	EZGO Technologies EZGO	0.0000	$0.01800	32.58%	🇨🇳 China
26	VinFast Auto VFS	-2.41	$3.83	1.54%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.64	$1.42	2.74%	🇺🇸 USA
28	Lotus Technology LOT	-1.04	$1.40	0.00%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0307	$0.34	2.00%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.86	$0.36	2.10%	🇮🇳 India
31	BYD 002594.SZ	28.2	$13.90	1.86%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-60.8	$9.45	2.89%	🇮🇳 India
33	Aptera Motors SEV	N/A	$2.34	9.30%	🇺🇸 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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