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	7.70	HK$8.28	0.84%	🇨🇳 China
2	Xiaomi XIACF	15.6	HK$25.89	0.30%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	42.6	HK$79.00	2.60%	🇮🇳 India
4	Leapmotor 9863.HK	71.4	HK$31.22	1.64%	🇨🇳 China
5	Tesla TSLA	336	HK$3,103	1.93%	🇺🇸 USA
6	Hyliion HYLN	-10.9	HK$24.36	9.48%	🇺🇸 USA
7	NIO NIO	-11.7	HK$24.99	4.05%	🇨🇳 China
8	XPeng XPEV	-19.0	HK$70.33	2.34%	🇨🇳 China
9	Niu Technologies NIU	-5.07	HK$14.20	3.72%	🇨🇳 China
10	Li Auto LI	-16.5	HK$86.18	1.39%	🇨🇳 China
11	Lucid Motors LCID	-0.2284	HK$22.99	8.44%	🇺🇸 USA
12	Rivian RIVN	-4.67	HK$91.43	1.79%	🇺🇸 USA
13	REE Automotive REE	-0.0088	HK$0.60	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0023	HK$0.61	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.6964	HK$8.47	9.24%	🇨🇦 Canada
16	Lightning eMotors ZEVY	-0.0001	HK$0.01177	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0010	HK$3.31	13.92%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	HK$1.80	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.3635	HK$30.91	2.48%	🇸🇪 Sweden
20	Gogoro GGR	-0.9019	HK$22.95	0.17%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	70.9	HK$27.46	3.05%	🇨🇳 China
22	Xos, Inc. XOS	-1.62	HK$20.92	0.63%	🇺🇸 USA
23	Workhorse Group WKHS	-0.4376	HK$22.99	14.90%	🇺🇸 USA
24	U Power UCAR	-0.1239	HK$21.97	1.74%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	HK$5.94	1.47%	🇨🇳 China
26	VinFast Auto VFS	-1.90	HK$25.26	6.40%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-2.26	HK$5.57	21.11%	🇺🇸 USA
28	Lotus Technology LOT	-0.3348	HK$3.06	7.19%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.2477	HK$1.37	1.39%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-8.06	HK$2.76	5.63%	🇮🇳 India
31	BYD 002594.SZ	35.0	HK$95.97	1.03%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-166	HK$145.85	5.59%	🇮🇳 India
33	Aptera Motors SEV	-1.48	HK$12.91	1.49%	🇺🇸 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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