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	7.89	C$1.52	0.53%	🇨🇳 China
2	Xiaomi XIACF	16.0	C$4.88	1.42%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	53.0	C$17.93	0.95%	🇮🇳 India
4	Leapmotor 9863.HK	81.6	C$6.40	4.09%	🇨🇳 China
5	Tesla TSLA	316	C$533.36	0.98%	🇺🇸 USA
6	Hyliion HYLN	-15.6	C$6.29	2.05%	🇺🇸 USA
7	NIO NIO	-6.68	C$5.24	1.36%	🇨🇳 China
8	XPeng XPEV	-30.9	C$14.75	0.10%	🇨🇳 China
9	Niu Technologies NIU	-12.2	C$2.96	2.18%	🇨🇳 China
10	Li Auto LI	-44.2	C$16.41	1.22%	🇨🇳 China
11	Lucid Motors LCID	-0.3362	C$6.08	0.47%	🇺🇸 USA
12	Rivian RIVN	-5.19	C$21.31	1.43%	🇺🇸 USA
13	REE Automotive REE	-0.0088	C$0.11	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	C$0.11	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2723	C$1.11	2.70%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	C$0.0001408	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	-0.6857	C$10.49	4.61%	🇸🇪 Sweden
20	Gogoro GGR	-0.6038	C$4.01	1.79%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	11.0	C$0.79	6.11%	🇨🇳 China
22	Xos, Inc. XOS	-1.28	C$3.55	0.79%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0992	C$4.27	1.00%	🇺🇸 USA
24	U Power UCAR	-0.1917	C$6.12	1.81%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	C$1.18	0.47%	🇨🇳 China
26	VinFast Auto VFS	-1.91	C$4.55	4.44%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.91	C$2.04	5.23%	🇺🇸 USA
28	Lotus Technology LOT	-0.7713	C$1.28	4.22%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3101	C$0.31	0.51%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.73	C$0.56	2.11%	🇮🇳 India
31	BYD 002594.SZ	26.2	C$18.19	1.60%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-103	C$22.74	3.09%	🇮🇳 India
33	Aptera Motors SEV	-1.18	C$2.91	0.96%	🇺🇸 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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