Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -225

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	-2.83	$4.36	7.17%	🇺🇸 USA
2	Tesla TSLA	118	$712.51	3.60%	🇺🇸 USA
3	NIO NIO	-2.44	$7.80	4.62%	🇨🇳 China
4	XPeng XPEV	-10.9	$27.48	4.99%	🇨🇳 China
5	Nikola NKLA	-0.5218	$1.45	6.73%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.67	0.00%	🇺🇸 USA
7	NIU NIU	-11.3	$3.61	3.02%	🇨🇳 China
8	Li Auto LI	91.8	$42.42	3.76%	🇨🇳 China
9	Canoo GOEV	-0.3558	$0.65	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.95	$4.92	4.31%	🇺🇸 USA
11	Rivian RIVN	-1.94	$22.21	1.17%	🇺🇸 USA
12	REE Automotive REE	-0.9864	$15.82	3.35%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.61	$1.98	1.82%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	$1.13	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.43	$1.40	0.30%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.44	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.0001768	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0019	$0.46	10.72%	🇺🇸 USA
19	Faraday Future FFIE	-0.0156	$2.22	8.27%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3409	$0.42	1.85%	🇺🇸 USA
21	Polestar PSNY	-7.60	$1.82	3.00%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.74	0.94%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-23.0	$2.06	4.95%	🇨🇳 China
24	XOS XOS	-5.85	$5.30	0.65%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.6	$7.32	1.07%	🇨🇳 China
26	Workhorse Group WKHS	-0.7140	$0.92	1.84%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	166	$29.10	7.49%	🇮🇳 India
28	Yadea Group 1585.HK	22.0	$2.92	1.90%	🇨🇳 China
29	U Power UCAR	-25.4	$5.55	3.98%	🇨🇳 China
30	EZGO Technologies EZGO	-1.85	$0.92	4.02%	🇨🇳 China
31	VinFast Auto VFS	-3.90	$7.12	5.50%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-6.89	$5.83	0.30%	🇺🇸 USA
33	NWTN Inc. NWTN	-14.3	$1.10	4.46%	🇦🇪 UAE
34	Lotus Technology LOT	-2.68	$5.09	1.31%	🇨🇳 China
35	Xiaomi XIACF	94.9	$9.46	3.48%	🇨🇳 China
36	Zeekr ZK	N/A	$46.93	6.16%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.40	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4307	$1.69	0.52%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-32.9	$1.36	1.23%	🇮🇳 India

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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