Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -230

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	Tesla TSLA	129	£336.90	3.46%	🇺🇸 USA
2	Hyliion HYLN	-3.10	£2.18	7.91%	🇺🇸 USA
3	NIO NIO	-2.53	£3.63	3.18%	🇨🇳 China
4	XPeng XPEV	-8.91	£10.11	0.55%	🇨🇳 China
5	Nikola NKLA	-0.7690	£0.94	0.85%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	£0.30	0.00%	🇺🇸 USA
7	NIU NIU	-9.71	£1.41	1.73%	🇨🇳 China
8	Li Auto LI	90.4	£18.85	0.90%	🇨🇳 China
9	Canoo GOEV	-0.0900	£0.06849	9.23%	🇺🇸 USA
10	Lucid Motors LCID	-2.14	£2.42	14.83%	🇺🇸 USA
11	Rivian RIVN	-2.15	£11.07	5.90%	🇺🇸 USA
12	REE Automotive REE	-1.01	£7.35	0.99%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.31	£0.85	0.95%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	£0.04329	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.33	£0.60	0.15%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	£0.20	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	£0.00008001	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0087	£0.95	0.00%	🇺🇸 USA
19	Faraday Future FFIE	-0.0146	£0.93	5.45%	🇺🇸 USA
20	Phoenix Motor PEV	-0.4099	£0.23	3.27%	🇺🇸 USA
21	Polestar PSNY	-7.55	£0.80	6.29%	🇸🇪 Sweden
22	Gogoro GGR	N/A	£0.42	4.02%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-17.8	£0.72	4.76%	🇨🇳 China
24	XOS XOS	-6.01	£2.50	2.63%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.6	£3.30	3.39%	🇨🇳 China
26	Workhorse Group WKHS	-1.10	£0.64	6.20%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	175	£13.88	2.13%	🇮🇳 India
28	Yadea Group 1585.HK	23.0	£1.38	1.33%	🇨🇳 China
29	U Power UCAR	-52.4	£5.10	2.00%	🇨🇳 China
30	EZGO Technologies EZGO	-2.48	£0.54	0.12%	🇨🇳 China
31	VinFast Auto VFS	-4.12	£3.38	2.68%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-10.7	£4.13	1.34%	🇺🇸 USA
33	NWTN Inc. NWTN	-24.4	£0.86	0.93%	🇦🇪 UAE
34	Lotus Technology LOT	-3.47	£2.92	6.10%	🇨🇳 China
35	Xiaomi XIACF	72.7	£3.25	2.78%	🇨🇳 China
36	Zeekr ZK	N/A	£22.04	0.88%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	£0.18	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.5382	£0.96	1.76%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-47.0	£0.88	1.52%	🇮🇳 India

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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