Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 968

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	9.48	C$1.83	1.07%	🇨🇳 China
2	Xiaomi XIACF	15.6	C$4.76	0.59%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	57.6	C$19.50	1.37%	🇮🇳 India
4	Leapmotor 9863.HK	83.1	C$6.53	4.91%	🇨🇳 China
5	Tesla TSLA	258	C$441.12	2.08%	🇺🇸 USA
6	Hyliion HYLN	-12.7	C$5.24	9.71%	🇺🇸 USA
7	NIO NIO	-8.15	C$6.33	3.23%	🇨🇳 China
8	XPeng XPEV	-36.9	C$17.38	3.37%	🇨🇳 China
9	Niu Technologies NIU	-14.9	C$3.62	0.39%	🇨🇳 China
10	Li Auto LI	-46.1	C$17.08	2.02%	🇨🇳 China
11	Lucid Motors LCID	-0.4859	C$8.88	2.33%	🇺🇸 USA
12	Rivian RIVN	-5.48	C$22.32	3.77%	🇺🇸 USA
13	REE Automotive REE	-0.0088	C$0.11	0.00%	🇮🇱 Israel
14	Cenntro Electric Group CENN	-0.0020	C$0.11	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.5068	C$2.09	1.99%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	C$0.0001409	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	C$0.10	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.24	C$19.27	9.02%	🇸🇪 Sweden
20	Gogoro GGR	-0.7489	C$4.93	0.57%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	13.2	C$0.92	0.84%	🇨🇳 China
22	Xos, Inc. XOS	-1.02	C$2.85	0.98%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0918	C$3.82	1.81%	🇺🇸 USA
24	U Power UCAR	-0.0409	C$1.33	5.37%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	C$1.38	8.42%	🇨🇳 China
26	VinFast Auto VFS	-1.71	C$4.02	7.17%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.70	C$2.06	89.61%	🇺🇸 USA
28	Lotus Technology LOT	-0.7749	C$1.23	3.66%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.4177	C$0.42	3.31%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.54	C$0.54	0.22%	🇮🇳 India
31	BYD 002594.SZ	27.6	C$19.16	0.82%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-80.2	C$17.64	1.99%	🇮🇳 India
33	Aptera Motors SEV	-0.9350	C$2.28	5.26%	🇺🇸 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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