Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 710

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	17.3	3,28 €	2.66%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	58.2	11,71 €	0.86%	🇮🇳 India
3	Li Auto LI	117	15,17 €	0.95%	🇨🇳 China
4	Tesla TSLA	319	320,78 €	0.67%	🇺🇸 USA
5	Hyliion HYLN	-5.32	1,54 €	1.63%	🇺🇸 USA
6	NIO NIO	-6.48	5,43 €	2.09%	🇨🇳 China
7	XPeng XPEV	-39.0	13,78 €	2.48%	🇨🇳 China
8	NIU NIU	-80.0	2,58 €	2.27%	🇨🇳 China
9	Lucid Motors LCID	-0.5004	5,01 €	1.01%	🇺🇸 USA
10	Rivian RIVN	-5.26	13,77 €	3.47%	🇺🇸 USA
11	REE Automotive REE	-0.0652	0,49 €	2.15%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06612 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1644	0,85 €	1.82%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008531 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0922	0,33 €	8.45%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.80	15,41 €	1.52%	🇸🇪 Sweden

18	Gogoro GGR	-1.33	3,54 €	0.73%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	13.9	0,59 €	2.34%	🇨🇳 China
20	XOS XOS	-0.3921	1,44 €	0.60%	🇺🇸 USA
21	Leapmotor 9863.HK	-20.2	5,07 €	2.24%	🇨🇳 China
22	Workhorse Group WKHS	-0.0078	2,06 €	5.10%	🇺🇸 USA
23	Yadea Group 1585.HK	25.9	1,30 €	4.46%	🇨🇳 China
24	U Power UCAR	-0.8177	1,54 €	0.55%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	1,16 €	0.82%	🇨🇳 China
26	VinFast Auto VFS	-2.56	3,46 €	3.56%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.21	1,73 €	3.05%	🇺🇸 USA
28	Lotus Technology LOT	-0.9776	1,12 €	1.50%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0342	0,33 €	0.46%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.17	0,33 €	1.54%	🇮🇳 India
31	BYD 002594.SZ	50.7	13,05 €	3.06%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-51.9	8,53 €	1.48%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,41 €	3.42%	🇺🇸 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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