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	9.59	£0.98	1.38%	🇨🇳 China
2	Xiaomi XIACF	15.5	£2.56	2.27%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	59.9	£10.40	2.47%	🇮🇳 India
4	Leapmotor 9863.HK	80.4	£3.33	5.64%	🇨🇳 China
5	Li Auto LI	82.3	£9.21	3.65%	🇨🇳 China
6	Tesla TSLA	318	£283.10	2.61%	🇺🇸 USA
7	Hyliion HYLN	-11.6	£2.78	0.00%	🇺🇸 USA
8	NIO NIO	-4.97	£3.63	2.20%	🇨🇳 China
9	XPeng XPEV	-81.4	£10.06	3.63%	🇨🇳 China
10	Niu Technologies NIU	-67.7	£1.95	7.38%	🇨🇳 China
11	Lucid Motors LCID	-0.5582	£5.47	13.93%	🇺🇸 USA
12	Rivian RIVN	-5.97	£12.98	2.14%	🇺🇸 USA
13	REE Automotive REE	-0.0088	£0.05716	0.00%	🇮🇱 Israel
14	Cenntro Electric Group CENN	-0.0881	£0.05761	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2570	£1.13	5.59%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	£0.00007434	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0318	£0.09946	8.25%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.37	£11.08	1.59%	🇸🇪 Sweden
20	Gogoro GGR	-1.14	£2.55	8.78%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	13.8	£0.53	0.15%	🇨🇳 China
22	XOS XOS	-0.5043	£1.61	0.47%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0085	£1.96	2.23%	🇺🇸 USA
24	U Power UCAR	-0.5270	£0.85	3.36%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0006	£0.83	4.31%	🇨🇳 China
26	VinFast Auto VFS	-1.98	£2.34	1.29%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-1.77	£0.52	4.86%	🇺🇸 USA
28	Lotus Technology LOT	-0.7751	£0.76	3.77%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0282	£0.24	1.77%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.90	£0.31	0.68%	🇮🇳 India
31	BYD 002594.SZ	28.0	£10.27	0.71%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-85.3	£9.90	1.19%	🇮🇳 India
33	Aptera Motors SEV	N/A	£1.40	1.05%	🇺🇸 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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