Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 743

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	18.1	3,42 €	3.08%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	57.4	11,39 €	0.31%	🇮🇳 India
3	Li Auto LI	117	15,07 €	0.34%	🇨🇳 China
4	Tesla TSLA	338	339,20 €	2.37%	🇺🇸 USA
5	Hyliion HYLN	-7.03	2,03 €	3.46%	🇺🇸 USA
6	NIO NIO	-6.02	5,02 €	0.00%	🇨🇳 China
7	XPeng XPEV	-38.5	13,55 €	0.70%	🇨🇳 China
8	NIU NIU	-84.5	2,71 €	3.24%	🇨🇳 China
9	Lucid Motors LCID	-0.5277	5,27 €	0.96%	🇺🇸 USA
10	Rivian RIVN	-4.72	12,32 €	0.76%	🇺🇸 USA
11	REE Automotive REE	-0.0505	0,38 €	5.84%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06593 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1669	0,86 €	0.98%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008507 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0943	0,34 €	19.02%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-3.01	16,53 €	1.89%	🇸🇪 Sweden

18	Gogoro GGR	-1.38	3,66 €	2.38%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.2	0,60 €	4.80%	🇨🇳 China
20	XOS XOS	-0.4339	1,59 €	3.03%	🇺🇸 USA
21	Leapmotor 9863.HK	-20.7	5,08 €	2.54%	🇨🇳 China
22	Workhorse Group WKHS	-0.0131	3,46 €	27.99%	🇺🇸 USA
23	Yadea Group 1585.HK	27.2	1,34 €	1.65%	🇨🇳 China
24	U Power UCAR	-0.7314	1,37 €	3.21%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	0,14 €	91.58%	🇨🇳 China
26	VinFast Auto VFS	-2.65	3,58 €	1.20%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.46	1,48 €	1.69%	🇺🇸 USA
28	Lotus Technology LOT	-0.9030	1,03 €	2.11%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0316	0,29 €	2.97%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.03	0,31 €	0.80%	🇮🇳 India
31	BYD 002594.SZ	49.1	12,51 €	0.29%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-50.7	8,13 €	1.08%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,23 €	1.87%	🇺🇸 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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