Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 459

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	23.5	£3.90	0.38%	🇨🇳 China
2	Li Auto LI	27.0	£12.70	5.07%	🇨🇳 China
3	Yadea Group 1585.HK	27.1	£1.17	1.42%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	54.8	£9.81	3.64%	🇮🇳 India
5	Tesla TSLA	294	£359.50	0.45%	🇺🇸 USA
6	Hyliion HYLN	-5.49	£1.39	2.20%	🇺🇸 USA
7	NIO NIO	-3.42	£3.73	1.22%	🇨🇳 China
8	XPeng XPEV	-48.3	£14.84	6.77%	🇨🇳 China
9	NIU NIU	-80.4	£2.30	0.65%	🇨🇳 China
10	Lucid Motors LCID	-1.15	£8.83	3.23%	🇺🇸 USA
11	Rivian RIVN	-7.24	£16.77	10.70%	🇺🇸 USA
12	REE Automotive REE	-0.0766	£0.49	2.68%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1705	£0.12	10.06%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1374	£0.64	1.19%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	£0.00007471	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.2642	£0.84	2.75%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA

18	Polestar PSNY	-0.0864	£0.42	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-1.18	£2.70	0.82%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	18.0	£0.66	0.24%	🇨🇳 China
21	XOS XOS	-0.4756	£1.55	2.99%	🇺🇸 USA
22	Leapmotor 9863.HK	-22.4	£4.85	5.74%	🇨🇳 China
23	Workhorse Group WKHS	-0.2046	£4.02	2.67%	🇺🇸 USA
24	U Power UCAR	-0.7632	£1.23	0.92%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3435	£1.55	14.29%	🇨🇳 China
26	VinFast Auto VFS	-2.21	£2.56	1.93%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-12.6	£3.58	2.04%	🇺🇸 USA
28	Lotus Technology LOT	-1.00	£1.00	3.60%	🇨🇳 China
29	Zeekr ZK	-17.0	£19.97	0.49%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0419	£0.35	0.91%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.59	£0.29	9.98%	🇮🇳 India
32	BYD 002594.SZ	44.7	£10.00	0.75%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-31.3	£5.86	5.90%	🇮🇳 India
34	Aptera Motors SEV	N/A	£3.68	2.50%	🇺🇸 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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