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	8.35	£0.86	4.73%	🇨🇳 China
2	Xiaomi XIACF	15.9	£2.57	11.84%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	45.7	£8.16	0.32%	🇮🇳 India
4	Leapmotor 9863.HK	79.5	£3.35	2.35%	🇨🇳 China
5	Tesla TSLA	325	£289.20	2.05%	🇺🇸 USA
6	Hyliion HYLN	-12.7	£2.90	1.86%	🇺🇸 USA
7	NIO NIO	-12.9	£2.71	4.99%	🇨🇳 China
8	XPeng XPEV	-20.8	£7.48	3.66%	🇨🇳 China
9	Niu Technologies NIU	-5.19	£1.49	4.79%	🇨🇳 China
10	Li Auto LI	-17.4	£8.72	5.87%	🇨🇳 China
11	Lucid Motors LCID	-0.2755	£2.86	0.79%	🇺🇸 USA
12	Rivian RIVN	-5.40	£10.55	2.58%	🇺🇸 USA
13	REE Automotive REE	-0.0088	£0.05811	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0023	£0.05857	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2262	£0.28	1.16%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	£0.0001511	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0002	£0.05418	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.4649	£3.97	0.94%	🇸🇪 Sweden
20	Gogoro GGR	-0.9399	£2.38	12.50%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	11.9	£0.46	4.23%	🇨🇳 China
22	Xos, Inc. XOS	-2.02	£2.43	0.31%	🇺🇸 USA
23	Workhorse Group WKHS	-0.4339	£2.23	1.03%	🇺🇸 USA
24	U Power UCAR	-0.1734	£3.22	8.95%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0002	£0.66	9.69%	🇨🇳 China
26	VinFast Auto VFS	-1.75	£2.31	0.33%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.11	£1.22	9.52%	🇺🇸 USA
28	Lotus Technology LOT	-0.6158	£0.52	9.72%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.2765	£0.15	16.51%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-8.34	£0.27	1.44%	🇮🇳 India
31	BYD 002594.SZ	36.4	£9.61	3.95%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-133	£11.20	2.02%	🇮🇳 India
33	Aptera Motors SEV	-1.44	£1.24	0.61%	🇺🇸 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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