Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 730

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	18.5	C$5.60	0.99%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	55.8	C$17.82	0.09%	🇮🇳 India
3	Li Auto LI	123	C$25.48	0.81%	🇨🇳 China
4	Tesla TSLA	330	C$529.46	0.28%	🇺🇸 USA
5	Hyliion HYLN	-5.69	C$2.62	1.59%	🇺🇸 USA
6	NIO NIO	-6.65	C$8.85	0.78%	🇨🇳 China
7	XPeng XPEV	-41.1	C$23.19	1.39%	🇨🇳 China
8	NIU NIU	-84.5	C$4.33	2.26%	🇨🇳 China
9	Lucid Motors LCID	-0.5925	C$9.44	2.81%	🇺🇸 USA
10	Rivian RIVN	-5.77	C$24.24	3.44%	🇺🇸 USA
11	REE Automotive REE	-0.0675	C$0.78	1.38%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	C$0.11	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1670	C$1.36	4.60%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	C$0.0001366	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0991	C$0.58	20.44%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	C$0.31	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.76	C$24.74	0.50%	🇸🇪 Sweden

18	Gogoro GGR	-1.36	C$5.74	3.60%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	15.0	C$1.02	0.08%	🇨🇳 China
20	XOS XOS	-0.4002	C$2.32	0.59%	🇺🇸 USA
21	Leapmotor 9863.HK	-23.2	C$9.15	2.60%	🇨🇳 China
22	Workhorse Group WKHS	-0.0092	C$3.89	2.06%	🇺🇸 USA
23	Yadea Group 1585.HK	26.7	C$2.11	4.27%	🇨🇳 China
24	U Power UCAR	-0.6860	C$2.16	8.97%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	C$1.87	0.88%	🇨🇳 China
26	VinFast Auto VFS	-2.94	C$6.41	1.47%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.12	C$2.76	10.38%	🇺🇸 USA
28	Lotus Technology LOT	-1.00	C$1.84	0.00%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0346	C$0.53	1.49%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.76	C$0.56	2.56%	🇮🇳 India
31	BYD 002594.SZ	49.7	C$20.34	0.09%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-50.8	C$13.19	1.05%	🇮🇳 India
33	Aptera Motors SEV	N/A	C$4.24	2.31%	🇺🇸 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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