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	Xiaomi XIACF	15.4	C$4.78	1.44%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	58.4	C$19.02	4.84%	🇮🇳 India
3	Li Auto LI	92.9	C$19.68	2.89%	🇨🇳 China
4	Tesla TSLA	331	C$553.25	3.00%	🇺🇸 USA
5	Hyliion HYLN	-18.6	C$8.84	12.19%	🇺🇸 USA
6	NIO NIO	-5.38	C$7.36	3.12%	🇨🇳 China
7	XPeng XPEV	-93.7	C$21.59	2.21%	🇨🇳 China
8	NIU NIU	-62.0	C$3.26	2.18%	🇨🇳 China
9	Lucid Motors LCID	-0.4027	C$7.18	1.08%	🇺🇸 USA
10	Rivian RIVN	-5.39	C$21.94	6.59%	🇺🇸 USA
11	REE Automotive REE	-0.0461	C$0.56	2.23%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	C$0.11	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1785	C$1.51	0.93%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	C$0.0001395	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0735	C$0.43	3.73%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	C$0.32	0.00%	🇺🇸 USA
17	Polestar PSNY	-1.83	C$27.36	0.15%	🇸🇪 Sweden

18	Gogoro GGR	-1.28	C$5.58	1.14%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.8	C$1.03	1.28%	🇨🇳 China
20	XOS XOS	-0.8306	C$4.99	9.60%	🇺🇸 USA
21	Leapmotor 9863.HK	-17.3	C$6.99	0.61%	🇨🇳 China
22	Workhorse Group WKHS	-0.0102	C$4.42	3.06%	🇺🇸 USA
23	Yadea Group 1585.HK	25.0	C$2.02	1.90%	🇨🇳 China
24	U Power UCAR	-0.5906	C$1.81	3.70%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0009	C$2.16	4.03%	🇨🇳 China
26	VinFast Auto VFS	-1.91	C$4.24	0.33%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-2.95	C$1.60	1.71%	🇺🇸 USA
28	Lotus Technology LOT	-0.8731	C$1.63	0.85%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0300	C$0.47	1.18%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-9.40	C$0.69	6.55%	🇮🇳 India
31	BYD 002594.SZ	27.5	C$18.93	0.77%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-69.4	C$15.11	3.05%	🇮🇳 India
33	Aptera Motors SEV	N/A	C$2.96	0.00%	🇺🇸 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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