Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 968

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	9.48	$1.30	1.07%	🇨🇳 China
2	Xiaomi XIACF	15.6	$3.38	0.59%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	57.6	$13.84	1.37%	🇮🇳 India
4	Leapmotor 9863.HK	83.1	$4.63	4.91%	🇨🇳 China
5	Tesla TSLA	258	$313.03	2.08%	🇺🇸 USA
6	Hyliion HYLN	-12.7	$3.72	9.71%	🇺🇸 USA
7	NIO NIO	-8.15	$4.49	3.23%	🇨🇳 China
8	XPeng XPEV	-36.9	$12.33	3.37%	🇨🇳 China
9	Niu Technologies NIU	-14.9	$2.57	0.39%	🇨🇳 China
10	Li Auto LI	-46.1	$12.12	2.02%	🇨🇳 China
11	Lucid Motors LCID	-0.4859	$6.30	2.33%	🇺🇸 USA
12	Rivian RIVN	-5.48	$15.84	3.77%	🇺🇸 USA
13	REE Automotive REE	-0.0088	$0.07690	0.00%	🇮🇱 Israel
14	Cenntro Electric Group CENN	-0.0020	$0.07750	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.5068	$1.48	1.99%	🇨🇦 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	-1.24	$13.68	9.02%	🇸🇪 Sweden
20	Gogoro GGR	-0.7489	$3.50	0.57%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	13.2	$0.65	0.84%	🇨🇳 China
22	Xos, Inc. XOS	-1.02	$2.02	0.98%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0918	$2.71	1.81%	🇺🇸 USA
24	U Power UCAR	-0.0409	$0.95	5.37%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	$0.98	8.42%	🇨🇳 China
26	VinFast Auto VFS	-1.71	$2.85	7.17%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.70	$1.46	89.61%	🇺🇸 USA
28	Lotus Technology LOT	-0.7749	$0.87	3.66%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.4177	$0.30	3.31%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.54	$0.38	0.22%	🇮🇳 India
31	BYD 002594.SZ	27.6	$13.59	0.82%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-80.2	$12.52	1.99%	🇮🇳 India
33	Aptera Motors SEV	-0.9350	$1.62	5.26%	🇺🇸 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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