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	8.05	£0.82	1.71%	🇨🇳 China
2	Xiaomi XIACF	15.4	£2.50	0.30%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	52.1	£9.34	1.06%	🇮🇳 India
4	Leapmotor 9863.HK	85.2	£3.55	6.64%	🇨🇳 China
5	Tesla TSLA	303	£271.99	0.53%	🇺🇸 USA
6	Hyliion HYLN	-13.7	£3.14	2.94%	🇺🇸 USA
7	NIO NIO	-6.60	£2.73	1.10%	🇨🇳 China
8	XPeng XPEV	-31.3	£7.93	0.19%	🇨🇳 China
9	Niu Technologies NIU	-12.0	£1.55	0.00%	🇨🇳 China
10	Li Auto LI	-45.7	£9.06	1.42%	🇨🇳 China
11	Lucid Motors LCID	-0.3225	£3.05	4.44%	🇺🇸 USA
12	Rivian RIVN	-5.15	£11.19	2.66%	🇺🇸 USA
13	REE Automotive REE	-0.0088	£0.05742	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	£0.05787	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2816	£0.60	5.78%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	£0.00007467	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	£0.05354	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.7102	£5.87	1.01%	🇸🇪 Sweden
20	Gogoro GGR	-0.5890	£2.11	2.92%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	10.7	£0.39	5.31%	🇨🇳 China
22	Xos, Inc. XOS	-1.32	£1.93	0.38%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0954	£2.14	5.92%	🇺🇸 USA
24	U Power UCAR	-0.2008	£3.45	3.82%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	£0.66	5.64%	🇨🇳 China
26	VinFast Auto VFS	-1.81	£2.41	0.31%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.69	£1.22	14.79%	🇺🇸 USA
28	Lotus Technology LOT	-0.7950	£0.66	6.50%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3053	£0.16	0.85%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.47	£0.28	1.09%	🇮🇳 India
31	BYD 002594.SZ	25.6	£9.41	0.79%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-110	£12.77	5.81%	🇮🇳 India
33	Aptera Motors SEV	-1.16	£1.62	3.83%	🇺🇸 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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