Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 708

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	3,45 €	1.46%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	56.1	11,14 €	0.07%	🇮🇳 India
3	Li Auto LI	123	15,88 €	0.27%	🇨🇳 China
4	Tesla TSLA	328	320,09 €	3.24%	🇺🇸 USA
5	Hyliion HYLN	-5.65	1,66 €	1.30%	🇺🇸 USA
6	NIO NIO	-6.61	5,38 €	2.70%	🇨🇳 China
7	XPeng XPEV	-41.0	13,50 €	6.84%	🇨🇳 China
8	NIU NIU	-84.0	2,63 €	2.88%	🇨🇳 China
9	Lucid Motors LCID	-0.5891	5,56 €	5.72%	🇺🇸 USA
10	Rivian RIVN	-5.78	14,79 €	2.37%	🇺🇸 USA
11	REE Automotive REE	-0.0654	0,50 €	3.15%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06616 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1646	0,81 €	4.39%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008537 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.1003	0,33 €	9.57%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.81	15,59 €	0.86%	🇸🇪 Sweden

18	Gogoro GGR	-1.35	3,59 €	0.00%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.9	0,65 €	1.82%	🇨🇳 China
20	XOS XOS	-0.3944	1,46 €	0.43%	🇺🇸 USA
21	Leapmotor 9863.HK	-21.3	5,26 €	7.99%	🇨🇳 China
22	Workhorse Group WKHS	-0.0092	2,35 €	3.33%	🇺🇸 USA
23	Yadea Group 1585.HK	26.5	1,31 €	0.83%	🇨🇳 China
24	U Power UCAR	-0.7178	1,44 €	6.96%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	1,17 €	0.00%	🇨🇳 China
26	VinFast Auto VFS	-2.95	3,59 €	10.45%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.18	1,67 €	2.97%	🇺🇸 USA
28	Lotus Technology LOT	-1.01	1,14 €	1.49%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0349	0,33 €	0.15%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.52	0,34 €	3.04%	🇮🇳 India
31	BYD 002594.SZ	48.9	12,51 €	1.61%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-50.4	8,18 €	0.78%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,60 €	1.61%	🇺🇸 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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