Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 401

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	Li Auto LI	15.5	£12.87	1.27%	🇨🇳 China
2	Yadea Group 1585.HK	27.7	£1.20	1.38%	🇨🇳 China
3	Xiaomi XIACF	29.0	£4.01	0.19%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	54.9	£9.88	1.82%	🇮🇳 India
5	Tesla TSLA	271	£334.66	0.24%	🇺🇸 USA
6	Hyliion HYLN	-5.65	£1.42	1.33%	🇺🇸 USA
7	NIO NIO	-3.13	£3.78	0.10%	🇨🇳 China
8	XPeng XPEV	-31.5	£14.78	0.48%	🇨🇳 China
9	NIU NIU	-12.7	£2.44	0.62%	🇨🇳 China
10	Lucid Motors LCID	-1.21	£9.54	2.21%	🇺🇸 USA
11	Rivian RIVN	-5.69	£13.60	2.40%	🇺🇸 USA
12	REE Automotive REE	-0.0887	£0.61	4.40%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1636	£0.13	1.59%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1500	£0.78	0.67%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	£0.00007498	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0614	£0.85	3.45%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA

18	Polestar PSNY	-1.56	£0.42	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-1.23	£2.92	1.30%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	18.9	£0.71	0.39%	🇨🇳 China
21	XOS XOS	-0.3932	£1.75	1.10%	🇺🇸 USA
22	Leapmotor 9863.HK	-22.0	£4.77	1.16%	🇨🇳 China
23	Workhorse Group WKHS	-0.2762	£5.05	5.60%	🇺🇸 USA
24	U Power UCAR	-0.7950	£1.31	0.09%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3756	£1.64	0.45%	🇨🇳 China
26	VinFast Auto VFS	-2.38	£2.46	0.14%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-11.2	£3.32	1.14%	🇺🇸 USA
28	Lotus Technology LOT	-0.8636	£1.02	1.12%	🇨🇳 China
29	Zeekr ZK	-14.8	£20.04	0.17%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0434	£0.37	1.92%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.56	£0.29	1.15%	🇮🇳 India
32	BYD 002594.SZ	45.6	£10.24	0.46%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-28.6	£5.38	0.60%	🇮🇳 India
34	Aptera Motors SEV	N/A	£3.92	2.34%	🇺🇸 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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