Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 465

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	23.9	$5.30	0.56%	🇨🇳 China
2	Li Auto LI	26.3	$16.68	0.24%	🇨🇳 China
3	Yadea Group 1585.HK	26.3	$1.54	2.13%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	54.6	$12.91	2.58%	🇮🇳 India
5	Tesla TSLA	299	$489.88	3.07%	🇺🇸 USA
6	Hyliion HYLN	-5.35	$1.82	1.09%	🇺🇸 USA
7	NIO NIO	-3.44	$5.03	0.80%	🇨🇳 China
8	XPeng XPEV	-44.6	$18.47	0.87%	🇨🇳 China
9	NIU NIU	-79.4	$3.00	1.64%	🇨🇳 China
10	Lucid Motors LCID	-1.12	$11.52	2.46%	🇺🇸 USA
11	Rivian RIVN	-5.76	$17.90	4.28%	🇺🇸 USA
12	REE Automotive REE	-0.0801	$0.70	1.41%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1733	$0.15	0.52%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1486	$0.90	2.74%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.2559	$1.08	1.89%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-0.0864	$0.56	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-1.19	$3.72	3.05%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	18.7	$0.93	4.81%	🇨🇳 China
21	XOS XOS	-0.4942	$2.13	1.84%	🇺🇸 USA
22	Leapmotor 9863.HK	-20.7	$6.10	0.34%	🇨🇳 China
23	Workhorse Group WKHS	-0.2213	$5.72	4.03%	🇺🇸 USA
24	U Power UCAR	-0.7632	$1.68	4.05%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3249	$1.92	10.70%	🇨🇳 China
26	VinFast Auto VFS	-2.24	$3.42	1.44%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-12.5	$4.87	2.21%	🇺🇸 USA
28	Lotus Technology LOT	-1.04	$1.40	0.36%	🇨🇳 China
29	Zeekr ZK	-17.1	$26.76	0.07%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0408	$0.46	12.20%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.59	$0.37	1.74%	🇮🇳 India
32	BYD 002594.SZ	44.6	$13.51	1.02%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-30.0	$7.39	1.18%	🇮🇳 India
34	Aptera Motors SEV	N/A	$5.25	5.23%	🇺🇸 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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