Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 735

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	Xiaomi XIACF	17.9	£2.93	5.31%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	56.4	£9.74	0.34%	🇮🇳 India
3	Li Auto LI	118	£13.22	1.76%	🇨🇳 China
4	Tesla TSLA	333	£290.12	0.43%	🇺🇸 USA
5	Hyliion HYLN	-6.21	£1.56	3.43%	🇺🇸 USA
6	NIO NIO	-6.19	£4.49	2.71%	🇨🇳 China
7	XPeng XPEV	-38.6	£11.81	0.95%	🇨🇳 China
8	NIU NIU	-84.2	£2.35	3.25%	🇨🇳 China
9	Lucid Motors LCID	-0.5703	£4.94	2.29%	🇺🇸 USA
10	Rivian RIVN	-4.73	£10.73	3.40%	🇺🇸 USA
11	REE Automotive REE	-0.0559	£0.36	11.91%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	£0.05728	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1641	£0.73	2.70%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	£0.00007391	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0938	£0.29	3.30%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.97	£14.15	3.74%	🇸🇪 Sweden

18	Gogoro GGR	-1.33	£3.06	0.24%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	15.2	£0.56	3.40%	🇨🇳 China
20	XOS XOS	-0.4176	£1.33	1.41%	🇺🇸 USA
21	Leapmotor 9863.HK	-21.0	£4.49	0.30%	🇨🇳 China
22	Workhorse Group WKHS	-0.0104	£2.38	0.92%	🇺🇸 USA
23	Yadea Group 1585.HK	26.7	£1.14	0.58%	🇨🇳 China
24	U Power UCAR	-0.7587	£1.23	1.18%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0007	£0.91	21.15%	🇨🇳 China
26	VinFast Auto VFS	-2.65	£3.11	0.94%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.28	£1.23	6.18%	🇺🇸 USA
28	Lotus Technology LOT	-0.9179	£0.91	6.11%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0301	£0.25	10.97%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.27	£0.28	0.41%	🇮🇳 India
31	BYD 002594.SZ	50.4	£11.15	2.30%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-51.8	£7.28	0.09%	🇮🇳 India
33	Aptera Motors SEV	N/A	£2.03	1.10%	🇺🇸 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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