Top electric vehicle companies by P/E ratio

Companies: 40 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	Hyliion HYLN	-1.75	₹130.02	1.64%	🇺🇸 USA
2	Tesla TSLA	81.8	₹23,511	3.14%	🇺🇸 USA
3	NIO NIO	-2.41	₹374.84	0.92%	🇨🇳 China
4	XPeng XPEV	-15.1	₹1,932	2.57%	🇨🇳 China
5	Nikola NKLA	-0.1158	₹15.92	0.00%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	₹33.05	0.00%	🇺🇸 USA
7	NIU NIU	-13.8	₹220.47	2.22%	🇨🇳 China
8	Li Auto LI	110	₹2,424	2.79%	🇨🇳 China
9	Canoo GOEV	-0.3558	₹32.18	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.52	₹187.59	0.60%	🇺🇸 USA
11	Rivian RIVN	-1.77	₹981.89	1.14%	🇺🇸 USA
12	REE Automotive REE	-0.7247	₹552.26	1.40%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-5.41	₹86.00	8.93%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	₹55.65	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.9373	₹45.55	1.71%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	₹21.74	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	₹0.008697	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0135	₹159.16	1.08%	🇺🇸 USA
19	Faraday Future FFIE	-0.0178	₹119.58	0.36%	🇺🇸 USA
20	Phoenix Motor PEV	-0.4706	₹30.78	9.07%	🇺🇸 USA
21	Polestar PSNY	-8.56	₹97.84	2.17%	🇸🇪 Sweden
22	Gogoro GGR	N/A	₹36.39	1.48%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-30.5	₹137.41	2.60%	🇨🇳 China
24	XOS XOS	-8.00	₹360.66	0.31%	🇺🇸 USA
25	Leapmotor 9863.HK	-13.7	₹466.69	8.88%	🇨🇳 China
26	Workhorse Group WKHS	-0.4967	₹31.44	0.30%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	129	₹1,114	2.35%	🇮🇳 India
28	Yadea Group 1585.HK	23.5	₹153.32	0.15%	🇨🇳 China
29	U Power UCAR	-21.4	₹235.25	2.08%	🇨🇳 China
30	EZGO Technologies EZGO	-1.59	₹38.27	2.30%	🇨🇳 China
31	VinFast Auto VFS	-3.14	₹290.48	3.08%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-4.15	₹168.29	2.27%	🇺🇸 USA
33	NWTN Inc. NWTN	-12.6	₹46.10	3.18%	🇦🇪 UAE
34	Lotus Technology LOT	-1.68	₹160.02	1.66%	🇨🇳 China
35	Xiaomi XIACF	128	₹608.79	2.23%	🇨🇳 China
36	Zeekr ZK	N/A	₹2,621	5.29%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	₹19.56	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.2707	₹53.20	5.59%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-27.6	₹56.37	1.00%	🇮🇳 India
40	BYD 002594.SZ	50.1	₹4,308	1.40%	🇨🇳 China

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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