Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 705

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	17.2	3,28 €	0.26%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	56.7	11,34 €	2.27%	🇮🇳 India
3	Li Auto LI	117	15,19 €	0.17%	🇨🇳 China
4	Tesla TSLA	316	318,97 €	0.86%	🇺🇸 USA
5	Hyliion HYLN	-5.26	1,53 €	1.10%	🇺🇸 USA
6	NIO NIO	-6.52	5,47 €	0.47%	🇨🇳 China
7	XPeng XPEV	-38.3	13,57 €	1.80%	🇨🇳 China
8	NIU NIU	-80.5	2,60 €	0.66%	🇨🇳 China
9	Lucid Motors LCID	-0.4910	4,93 €	1.87%	🇺🇸 USA
10	Rivian RIVN	-5.23	13,74 €	0.53%	🇺🇸 USA
11	REE Automotive REE	-0.0652	0,49 €	0.00%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06631 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1669	0,86 €	3.04%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008556 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0910	0,33 €	1.29%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.78	15,32 €	0.89%	🇸🇪 Sweden

18	Gogoro GGR	-1.37	3,64 €	2.65%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.0	0,60 €	0.86%	🇨🇳 China
20	XOS XOS	-0.3944	1,45 €	0.59%	🇺🇸 USA
21	Leapmotor 9863.HK	-20.8	5,14 €	3.25%	🇨🇳 China
22	Workhorse Group WKHS	-0.0075	2,00 €	3.31%	🇺🇸 USA
23	Yadea Group 1585.HK	26.2	1,30 €	3.76%	🇨🇳 China
24	U Power UCAR	-0.8404	1,58 €	2.78%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0009	1,31 €	15.07%	🇨🇳 China
26	VinFast Auto VFS	-2.56	3,48 €	0.25%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.67	1,56 €	10.34%	🇺🇸 USA
28	Lotus Technology LOT	-0.9701	1,11 €	0.76%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0341	0,33 €	0.00%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.23	0,33 €	1.12%	🇮🇳 India
31	BYD 002594.SZ	51.5	13,19 €	3.86%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-52.1	8,47 €	0.78%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,41 €	0.00%	🇺🇸 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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