Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 685

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	17.9	C$5.46	2.60%	🇨🇳 China
2	Yadea Group 1585.HK	28.8	C$2.29	1.56%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	55.8	C$17.93	2.44%	🇮🇳 India
4	Li Auto LI	124	C$25.75	0.37%	🇨🇳 China
5	Tesla TSLA	299	C$492.08	1.47%	🇺🇸 USA
6	Hyliion HYLN	-5.41	C$2.61	2.43%	🇺🇸 USA
7	NIO NIO	-6.60	C$9.12	2.32%	🇨🇳 China
8	XPeng XPEV	-42.2	C$24.19	0.58%	🇨🇳 China
9	NIU NIU	-76.8	C$4.06	1.72%	🇨🇳 China
10	Lucid Motors LCID	-0.7877	C$13.40	5.36%	🇺🇸 USA
11	Rivian RIVN	-5.18	C$22.68	3.68%	🇺🇸 USA
12	REE Automotive REE	-0.0686	C$0.83	0.17%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.0881	C$0.11	9.04%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1570	C$1.31	0.00%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	C$0.0001376	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0814	C$0.46	3.38%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA

18	Polestar PSNY	-3.16	C$28.21	0.49%	🇸🇪 Sweden
19	Gogoro GGR	-1.32	C$5.68	0.00%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	16.8	C$1.17	1.12%	🇨🇳 China
21	XOS XOS	-0.4014	C$2.38	0.00%	🇺🇸 USA
22	Leapmotor 9863.HK	-24.7	C$9.84	0.45%	🇨🇳 China
23	Workhorse Group WKHS	-0.0084	C$3.55	1.11%	🇺🇸 USA
24	U Power UCAR	-0.8540	C$2.34	9.54%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	C$1.83	0.00%	🇨🇳 China
26	VinFast Auto VFS	-2.61	C$5.66	0.58%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.69	C$2.52	0.55%	🇺🇸 USA
28	Lotus Technology LOT	-1.07	C$1.91	3.47%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0401	C$0.61	9.97%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.78	C$0.57	6.38%	🇮🇳 India
31	BYD 002594.SZ	50.9	C$20.96	0.41%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-51.3	C$13.42	5.19%	🇮🇳 India
33	Aptera Motors SEV	N/A	C$4.20	0.33%	🇺🇸 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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