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	9.29	£0.94	1.19%	🇨🇳 China
2	Xiaomi XIACF	15.9	£2.55	0.23%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	60.6	£10.78	1.03%	🇮🇳 India
4	Leapmotor 9863.HK	89.4	£3.69	1.40%	🇨🇳 China
5	Tesla TSLA	273	£243.53	2.83%	🇺🇸 USA
6	Hyliion HYLN	-13.1	£2.87	2.03%	🇺🇸 USA
7	NIO NIO	-8.50	£3.51	3.04%	🇨🇳 China
8	XPeng XPEV	-35.8	£8.99	3.85%	🇨🇳 China
9	Niu Technologies NIU	-14.7	£1.82	0.41%	🇨🇳 China
10	Li Auto LI	-49.1	£9.60	2.05%	🇨🇳 China
11	Lucid Motors LCID	-0.5469	£5.22	0.86%	🇺🇸 USA
12	Rivian RIVN	-5.50	£11.86	4.03%	🇺🇸 USA
13	REE Automotive REE	-0.0088	£0.05700	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	£0.05744	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.5480	£1.15	5.44%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	£0.00007412	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	£0.05314	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.31	£10.55	2.41%	🇸🇪 Sweden
20	Gogoro GGR	-0.5508	£1.89	3.41%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	13.2	£0.48	6.79%	🇨🇳 China
22	Xos, Inc. XOS	-1.37	£2.04	4.56%	🇺🇸 USA
23	Workhorse Group WKHS	-0.1082	£2.47	3.10%	🇺🇸 USA
24	U Power UCAR	-0.0384	£0.64	2.68%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	£0.79	6.00%	🇨🇳 China
26	VinFast Auto VFS	-1.91	£2.48	2.13%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-2.93	£0.80	2.70%	🇺🇸 USA
28	Lotus Technology LOT	-0.8051	£0.70	2.94%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.4235	£0.22	0.38%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.35	£0.32	0.89%	🇮🇳 India
31	BYD 002594.SZ	27.1	£9.91	0.66%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-99.7	£11.53	1.95%	🇮🇳 India
33	Aptera Motors SEV	-1.21	£1.65	5.19%	🇺🇸 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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