Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -213

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	-2.70	$3.09	3.80%	🇺🇸 USA
2	Tesla TSLA	119	$521.13	5.78%	🇺🇸 USA
3	NIO NIO	-2.40	$5.70	3.47%	🇨🇳 China
4	XPeng XPEV	-10.6	$21.00	0.94%	🇨🇳 China
5	Nikola NKLA	-0.5001	$0.99	8.48%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.52	0.00%	🇺🇸 USA
7	NIU NIU	-11.2	$2.72	1.49%	🇨🇳 China
8	Li Auto LI	89.6	$30.83	3.71%	🇨🇳 China
9	Canoo GOEV	-0.3558	$0.51	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.93	$3.62	4.18%	🇺🇸 USA
11	Rivian RIVN	-1.94	$16.51	3.86%	🇺🇸 USA
12	REE Automotive REE	-0.9652	$11.02	6.82%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.25	$1.36	5.58%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	$0.87	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.49	$1.05	7.80%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.34	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.0001367	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0021	$0.36	8.99%	🇺🇸 USA
19	Faraday Future FFIE	-0.0170	$1.72	4.53%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3609	$0.31	9.85%	🇺🇸 USA
21	Polestar PSNY	-7.59	$1.35	3.28%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.55	3.38%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-22.0	$1.46	3.60%	🇨🇳 China
24	XOS XOS	-5.94	$4.09	3.24%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.7	$5.69	0.62%	🇨🇳 China
26	Workhorse Group WKHS	-0.7066	$0.65	8.38%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	158	$21.51	5.66%	🇮🇳 India
28	Yadea Group 1585.HK	21.6	$2.22	1.86%	🇨🇳 China
29	U Power UCAR	-21.7	$3.57	2.97%	🇨🇳 China
30	EZGO Technologies EZGO	-1.88	$0.67	3.75%	🇨🇳 China
31	VinFast Auto VFS	-3.77	$5.20	2.44%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-6.60	$4.17	3.17%	🇺🇸 USA
33	NWTN Inc. NWTN	-14.5	$0.85	1.60%	🇦🇪 UAE
34	Lotus Technology LOT	-2.54	$3.62	5.03%	🇨🇳 China
35	Xiaomi XIACF	92.2	$7.04	2.83%	🇨🇳 China
36	Zeekr ZK	N/A	$34.46	3.56%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.31	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.3988	$1.20	6.34%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-35.8	$1.15	1.68%	🇮🇳 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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