Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -234

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	-2.72	$4.19	1.72%	🇺🇸 USA
2	Tesla TSLA	125	$753.63	3.06%	🇺🇸 USA
3	NIO NIO	-2.42	$7.70	4.81%	🇨🇳 China
4	XPeng XPEV	-9.86	$24.97	1.87%	🇨🇳 China
5	Nikola NKLA	-0.8481	$2.37	10.74%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.67	0.00%	🇺🇸 USA
7	NIU NIU	-10.5	$3.36	6.15%	🇨🇳 China
8	Li Auto LI	86.4	$39.92	2.31%	🇨🇳 China
9	Canoo GOEV	-0.0760	$0.14	7.71%	🇺🇸 USA
10	Lucid Motors LCID	-2.15	$5.42	0.32%	🇺🇸 USA
11	Rivian RIVN	-2.20	$25.11	1.59%	🇺🇸 USA
12	REE Automotive REE	-0.9820	$15.55	0.62%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-7.15	$2.12	0.83%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	$0.09559	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.44	$1.42	2.42%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.44	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.0001767	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0035	$0.85	0.73%	🇺🇸 USA
19	Faraday Future FFIE	-0.0195	$2.67	1.31%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3841	$0.47	0.42%	🇺🇸 USA
21	Polestar PSNY	-8.11	$1.93	0.46%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.83	0.13%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-22.8	$2.03	7.48%	🇨🇳 China
24	XOS XOS	-6.37	$5.85	3.76%	🇺🇸 USA
25	Leapmotor 9863.HK	-11.2	$7.71	1.04%	🇨🇳 China
26	Workhorse Group WKHS	-0.9666	$1.25	0.93%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	167	$29.15	0.70%	🇮🇳 India
28	Yadea Group 1585.HK	23.0	$3.05	0.45%	🇨🇳 China
29	U Power UCAR	-73.1	$15.99	9.17%	🇨🇳 China
30	EZGO Technologies EZGO	-2.19	$1.04	3.28%	🇨🇳 China
31	VinFast Auto VFS	-3.99	$7.28	0.00%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-8.46	$7.14	7.97%	🇺🇸 USA
33	NWTN Inc. NWTN	-15.4	$1.18	0.96%	🇦🇪 UAE
34	Lotus Technology LOT	-3.22	$6.13	1.98%	🇨🇳 China
35	Xiaomi XIACF	81.8	$8.08	4.82%	🇨🇳 China
36	Zeekr ZK	N/A	$45.04	0.00%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.40	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4607	$1.81	3.88%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-38.5	$1.58	1.15%	🇮🇳 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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