Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): > 1000

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	Yadea Group 1585.HK	7.70	£0.79	0.84%	🇨🇳 China
2	Xiaomi XIACF	15.7	£2.47	0.30%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	42.6	£7.53	2.60%	🇮🇳 India
4	Leapmotor 9863.HK	71.4	£2.97	1.64%	🇨🇳 China
5	Tesla TSLA	336	£298.84	0.87%	🇺🇸 USA
6	Hyliion HYLN	-10.4	£2.43	5.25%	🇺🇸 USA
7	NIO NIO	-11.5	£2.40	3.31%	🇨🇳 China
8	XPeng XPEV	-18.9	£6.76	1.53%	🇨🇳 China
9	Niu Technologies NIU	-4.90	£1.35	4.26%	🇨🇳 China
10	Li Auto LI	-16.5	£8.24	0.99%	🇨🇳 China
11	Lucid Motors LCID	-0.2146	£2.26	5.63%	🇺🇸 USA
12	Rivian RIVN	-4.53	£9.09	6.20%	🇺🇸 USA
13	REE Automotive REE	-0.0088	£0.05748	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0023	£0.05793	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.6429	£0.81	8.40%	🇨🇦 Canada
16	Lightning eMotors ZEVY	-0.0001	£0.001121	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0009	£0.31	14.43%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.3608	£3.06	1.49%	🇸🇪 Sweden
20	Gogoro GGR	-0.9256	£2.18	0.00%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	70.0	£2.64	2.22%	🇨🇳 China
22	Xos, Inc. XOS	-1.64	£2.03	2.64%	🇺🇸 USA
23	Workhorse Group WKHS	-0.4273	£2.21	15.69%	🇺🇸 USA
24	U Power UCAR	-0.1217	£2.24	5.24%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	£0.57	1.42%	🇨🇳 China
26	VinFast Auto VFS	-1.87	£2.44	4.94%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-1.92	£0.49	26.67%	🇺🇸 USA
28	Lotus Technology LOT	-0.3305	£0.29	6.47%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.2442	£0.13	1.39%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-8.06	£0.26	5.63%	🇮🇳 India
31	BYD 002594.SZ	35.0	£9.14	1.03%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-166	£13.90	5.59%	🇮🇳 India
33	Aptera Motors SEV	-1.47	£1.23	1.20%	🇺🇸 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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