Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -224

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	-2.73	$3.19	2.89%	🇺🇸 USA
2	Tesla TSLA	121	$549.57	1.08%	🇺🇸 USA
3	NIO NIO	-2.41	$5.87	2.70%	🇨🇳 China
4	XPeng XPEV	-10.6	$20.67	2.25%	🇨🇳 China
5	Nikola NKLA	-0.4905	$1.07	2.32%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.52	0.00%	🇺🇸 USA
7	NIU NIU	-11.2	$2.74	0.98%	🇨🇳 China
8	Li Auto LI	89.9	$31.81	2.86%	🇨🇳 China
9	Canoo GOEV	-0.3558	$0.50	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.93	$3.75	1.47%	🇺🇸 USA
11	Rivian RIVN	-1.95	$17.06	0.40%	🇺🇸 USA
12	REE Automotive REE	-0.9598	$11.75	3.14%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.31	$1.43	3.67%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	$0.87	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.49	$1.13	6.38%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.34	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.00001358	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0022	$0.39	8.63%	🇺🇸 USA
19	Faraday Future FFIE	-0.0166	$1.79	5.60%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3680	$0.34	5.46%	🇺🇸 USA
21	Polestar PSNY	-7.74	$1.39	1.92%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.57	0.22%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-22.1	$1.51	4.31%	🇨🇳 China
24	XOS XOS	-5.92	$4.20	2.66%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.6	$5.62	1.07%	🇨🇳 China
26	Workhorse Group WKHS	-0.7234	$0.70	1.43%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	171	$23.02	2.93%	🇮🇳 India
28	Yadea Group 1585.HK	22.0	$2.25	1.90%	🇨🇳 China
29	U Power UCAR	-21.5	$3.65	14.60%	🇨🇳 China
30	EZGO Technologies EZGO	-1.88	$0.69	3.14%	🇨🇳 China
31	VinFast Auto VFS	-3.79	$5.30	3.94%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-6.51	$4.28	5.97%	🇺🇸 USA
33	NWTN Inc. NWTN	-14.3	$0.86	4.25%	🇦🇪 UAE
34	Lotus Technology LOT	-2.61	$3.71	6.51%	🇨🇳 China
35	Xiaomi XIACF	92.7	$7.00	2.83%	🇨🇳 China
36	Zeekr ZK	N/A	$35.51	1.06%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.31	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4281	$1.29	0.08%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-36.9	$1.17	11.99%	🇮🇳 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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