Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 729

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	18.3	3,48 €	1.59%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	56.1	11,17 €	0.34%	🇮🇳 India
3	Li Auto LI	123	15,92 €	0.81%	🇨🇳 China
4	Tesla TSLA	328	330,82 €	0.28%	🇺🇸 USA
5	Hyliion HYLN	-5.65	1,64 €	1.59%	🇺🇸 USA
6	NIO NIO	-6.61	5,53 €	0.78%	🇨🇳 China
7	XPeng XPEV	-41.0	14,49 €	1.39%	🇨🇳 China
8	NIU NIU	-84.0	2,71 €	2.26%	🇨🇳 China
9	Lucid Motors LCID	-0.5891	5,90 €	2.81%	🇺🇸 USA
10	Rivian RIVN	-5.78	15,14 €	3.44%	🇺🇸 USA
11	REE Automotive REE	-0.0654	0,49 €	1.38%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06616 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1646	0,85 €	4.60%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008537 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.1003	0,36 €	20.44%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.81	15,46 €	0.50%	🇸🇪 Sweden

18	Gogoro GGR	-1.35	3,59 €	3.60%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.9	0,64 €	0.08%	🇨🇳 China
20	XOS XOS	-0.3944	1,45 €	0.59%	🇺🇸 USA
21	Leapmotor 9863.HK	-21.3	5,26 €	7.91%	🇨🇳 China
22	Workhorse Group WKHS	-0.0092	2,43 €	2.06%	🇺🇸 USA
23	Yadea Group 1585.HK	26.5	1,31 €	0.91%	🇨🇳 China
24	U Power UCAR	-0.7178	1,35 €	8.97%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	1,17 €	0.88%	🇨🇳 China
26	VinFast Auto VFS	-2.95	4,00 €	1.47%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.18	1,72 €	10.38%	🇺🇸 USA
28	Lotus Technology LOT	-1.01	1,15 €	0.00%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0349	0,33 €	1.06%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.56	0,34 €	2.55%	🇮🇳 India
31	BYD 002594.SZ	48.9	12,51 €	1.61%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-50.6	8,22 €	0.33%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,65 €	2.31%	🇺🇸 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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