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	9.29	NZ$2.16	1.19%	🇨🇳 China
2	Xiaomi XIACF	15.9	NZ$5.85	0.58%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	60.6	NZ$24.68	1.03%	🇮🇳 India
4	Leapmotor 9863.HK	89.4	NZ$8.45	1.40%	🇨🇳 China
5	Tesla TSLA	273	NZ$557.37	2.83%	🇺🇸 USA
6	Hyliion HYLN	-13.1	NZ$6.56	2.03%	🇺🇸 USA
7	NIO NIO	-8.50	NZ$8.04	3.04%	🇨🇳 China
8	XPeng XPEV	-35.8	NZ$20.58	3.85%	🇨🇳 China
9	Niu Technologies NIU	-14.7	NZ$4.17	0.41%	🇨🇳 China
10	Li Auto LI	-49.1	NZ$21.97	2.05%	🇨🇳 China
11	Lucid Motors LCID	-0.5469	NZ$11.94	0.86%	🇺🇸 USA
12	Rivian RIVN	-5.50	NZ$27.14	4.03%	🇺🇸 USA
13	REE Automotive REE	-0.0088	NZ$0.13	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	NZ$0.13	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.5480	NZ$2.63	5.44%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	NZ$0.0001696	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	NZ$0.12	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	NZ$0.39	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.31	NZ$24.14	2.41%	🇸🇪 Sweden
20	Gogoro GGR	-0.5508	NZ$4.33	3.41%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	13.2	NZ$1.11	6.79%	🇨🇳 China
22	Xos, Inc. XOS	-1.37	NZ$4.66	4.56%	🇺🇸 USA
23	Workhorse Group WKHS	-0.1082	NZ$5.65	3.10%	🇺🇸 USA
24	U Power UCAR	-0.0384	NZ$1.48	2.68%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	NZ$1.80	6.00%	🇨🇳 China
26	VinFast Auto VFS	-1.91	NZ$5.68	2.13%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-2.93	NZ$1.83	2.70%	🇺🇸 USA
28	Lotus Technology LOT	-0.8051	NZ$1.61	2.94%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.4235	NZ$0.51	0.38%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.35	NZ$0.73	0.89%	🇮🇳 India
31	BYD 002594.SZ	27.1	NZ$22.68	0.66%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-99.7	NZ$26.40	1.95%	🇮🇳 India
33	Aptera Motors SEV	-1.21	NZ$3.78	5.19%	🇺🇸 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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