Top electric vehicle companies by P/E ratio

companies: 39 average P/E ratio (TTM): -96.4

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	42.3	$3.81	0.42%	🇨🇳 China
2	Tesla TSLA	62.9	$340.62	8.45%	🇺🇸 USA
3	Li Auto LI	70.5	$29.60	2.92%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	186	$29.79	1.01%	🇮🇳 India
5	Hyliion HYLN	-1.91	$2.63	2.98%	🇺🇸 USA
6	NIO NIO	-2.79	$8.11	3.51%	🇨🇳 China
7	XPeng XPEV	-6.02	$13.80	3.28%	🇨🇳 China
8	Nikola NKLA	-3.35	$8.50	6.74%	🇺🇸 USA
9	Arcimoto FUV	-0.0243	$0.61	0.00%	🇺🇸 USA
10	NIU NIU	-10.0	$2.93	0.55%	🇨🇳 China
11	Canoo GOEV	-1.39	$2.33	2.04%	🇺🇸 USA
12	Lucid Motors LCID	-2.53	$5.77	1.65%	🇺🇸 USA
13	Rivian RIVN	-2.04	$21.38	3.71%	🇺🇸 USA
14	REE Automotive REE	-0.3430	$4.93	0.66%	🇮🇱 Israel
15	Cenntro Electric Group CENN	-7.03	$1.89	2.50%	🇺🇸 USA
16	Hyzon Motors HYZN	-0.1016	$0.11	5.18%	🇺🇸 USA
17	GreenPower Motor Company GP	-1.54	$1.36	2.67%	🇨🇦 Canada

18	Lion Electric LEV	-3.30	$1.23	1.73%	🇨🇦 Canada
19	Lightning eMotors ZEVY	-0.0002	$0.003233	0.00%	🇺🇸 USA
20	Mullen Automotive MULN	-0.0014	$0.31	12.41%	🇺🇸 USA
21	Faraday Future FFIE	-0.0017	$0.21	1.26%	🇺🇸 USA
22	Phoenix Motor PEV	-0.6522	$0.71	0.68%	🇺🇸 USA
23	Polestar PSNY	-10.5	$2.23	4.55%	🇸🇪 Sweden
24	Gogoro GGR	N/A	$1.79	0.00%	🇹🇼 Taiwan
25	Kandi Technologies Group KNDI	-33.6	$2.70	0.60%	🇨🇳 China
26	XOS XOS	-9.42	$7.98	0.82%	🇺🇸 USA
27	Leapmotor 9863.HK	-7.73	$4.88	0.64%	🇨🇳 China
28	Workhorse Group WKHS	-0.8171	$0.94	8.02%	🇺🇸 USA
29	Yadea Group 1585.HK	19.4	$2.35	0.53%	🇨🇳 China
30	U Power UCAR	-55.6	$11.12	1.15%	🇨🇳 China
31	EZGO Technologies EZGO	-5.56	$2.54	1.26%	🇨🇳 China
32	VinFast Auto VFS	-3.58	$6.05	1.08%	🇻🇳 Vietnam
33	LiveWire Group LVWR	-11.5	$8.84	11.06%	🇺🇸 USA
34	NWTN Inc. NWTN	-22.2	$1.58	2.00%	🇦🇪 UAE
35	Lotus Technology LOT	-4.56	$8.37	5.93%	🇨🇳 China
36	Zeekr ZK	N/A	$24.76	9.78%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1497	$0.36	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4806	$1.73	3.65%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-55.7	$2.11	4.85%	🇮🇳 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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