Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 621

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	19.6	£3.29	1.16%	🇨🇳 China
2	Yadea Group 1585.HK	24.9	£1.09	2.55%	🇨🇳 China
3	Li Auto LI	27.3	£13.09	2.80%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	39.7	£7.19	2.58%	🇮🇳 India
5	Tesla TSLA	333	£295.46	0.96%	🇺🇸 USA
6	Hyliion HYLN	-5.88	£1.52	3.37%	🇺🇸 USA
7	NIO NIO	-3.99	£4.43	5.59%	🇨🇳 China
8	XPeng XPEV	-48.6	£15.08	0.05%	🇨🇳 China
9	NIU NIU	-97.6	£2.82	3.12%	🇨🇳 China
10	Lucid Motors LCID	-0.9544	£7.48	0.61%	🇺🇸 USA
11	Rivian RIVN	-4.78	£11.22	2.88%	🇺🇸 USA
12	REE Automotive REE	-0.0659	£0.43	0.05%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1240	£0.08089	3.95%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1752	£0.80	1.85%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	£0.00007553	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0850	£0.27	2.11%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA

18	Polestar PSNY	-2.54	£12.36	1.80%	🇸🇪 Sweden
19	Gogoro GGR	-1.22	£2.72	6.25%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	18.6	£0.71	1.28%	🇨🇳 China
21	XOS XOS	-0.4640	£1.54	2.00%	🇺🇸 USA
22	Leapmotor 9863.HK	-19.5	£4.26	2.27%	🇨🇳 China
23	Workhorse Group WKHS	-0.0105	£2.50	1.49%	🇺🇸 USA
24	U Power UCAR	-0.2136	£0.39	7.94%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0007	£0.99	3.33%	🇨🇳 China
26	VinFast Auto VFS	-2.04	£2.34	0.64%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.65	£1.32	16.67%	🇺🇸 USA
28	Lotus Technology LOT	-0.8507	£0.85	2.59%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0308	£0.26	1.05%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-4.93	£0.19	2.66%	🇮🇳 India
31	BYD 002594.SZ	48.3	£10.92	0.58%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-30.5	£5.76	0.78%	🇮🇳 India
33	Aptera Motors SEV	N/A	£2.02	2.55%	🇺🇸 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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