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	8.93	£0.90	1.27%	🇨🇳 China
2	Xiaomi XIACF	16.4	£2.63	1.42%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	57.3	£10.17	1.06%	🇮🇳 India
4	Leapmotor 9863.HK	88.9	£3.66	1.17%	🇨🇳 China
5	Tesla TSLA	289	£257.68	1.71%	🇺🇸 USA
6	Hyliion HYLN	-11.9	£2.59	2.93%	🇺🇸 USA
7	NIO NIO	-7.78	£3.23	0.23%	🇨🇳 China
8	XPeng XPEV	-33.9	£8.52	1.77%	🇨🇳 China
9	Niu Technologies NIU	-11.6	£1.47	1.53%	🇨🇳 China
10	Li Auto LI	-46.0	£9.04	0.41%	🇨🇳 China
11	Lucid Motors LCID	-0.3890	£3.70	1.57%	🇺🇸 USA
12	Rivian RIVN	-5.38	£11.87	4.35%	🇺🇸 USA
13	REE Automotive REE	-0.0088	£0.05682	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	£0.05726	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.4247	£0.92	6.72%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	£0.00007389	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	£0.05298	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.13	£9.40	1.60%	🇸🇪 Sweden
20	Gogoro GGR	-0.5254	£1.75	7.78%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	12.3	£0.46	3.43%	🇨🇳 China
22	Xos, Inc. XOS	-1.76	£2.48	4.82%	🇺🇸 USA
23	Workhorse Group WKHS	-0.1017	£2.27	3.15%	🇺🇸 USA
24	U Power UCAR	-0.0263	£0.45	5.00%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	£0.69	2.00%	🇨🇳 China
26	VinFast Auto VFS	-1.77	£2.28	2.22%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.76	£1.00	0.74%	🇺🇸 USA
28	Lotus Technology LOT	-1.06	£0.92	0.80%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3922	£0.21	0.62%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.96	£0.30	3.59%	🇮🇳 India
31	BYD 002594.SZ	27.9	£10.15	0.91%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-109	£12.52	8.09%	🇮🇳 India
33	Aptera Motors SEV	-1.29	£1.72	1.27%	🇺🇸 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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