Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 686

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	18.3	$4.06	2.05%	🇨🇳 China
2	Yadea Group 1585.HK	29.3	$1.69	2.95%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	47.1	$11.01	0.56%	🇮🇳 India
4	Li Auto LI	122	$18.47	0.49%	🇨🇳 China
5	Tesla TSLA	306	$360.59	5.42%	🇺🇸 USA
6	Hyliion HYLN	-5.06	$1.72	1.71%	🇺🇸 USA
7	NIO NIO	-6.42	$6.30	1.61%	🇨🇳 China
8	XPeng XPEV	-42.7	$17.70	1.09%	🇨🇳 China
9	NIU NIU	-74.9	$2.83	2.41%	🇨🇳 China
10	Lucid Motors LCID	-0.8491	$9.96	4.18%	🇺🇸 USA
11	Rivian RIVN	-5.02	$15.40	3.08%	🇺🇸 USA
12	REE Automotive REE	-0.0750	$0.66	4.75%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1347	$0.12	0.59%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1719	$1.04	3.45%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0559	$0.24	5.45%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-3.09	$19.93	7.67%	🇸🇪 Sweden
19	Gogoro GGR	-1.16	$3.61	2.56%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	16.6	$0.83	1.10%	🇨🇳 China
21	XOS XOS	-0.4037	$1.74	1.14%	🇺🇸 USA
22	Leapmotor 9863.HK	-23.4	$6.76	3.41%	🇨🇳 China
23	Workhorse Group WKHS	-0.0085	$2.65	4.68%	🇺🇸 USA
24	U Power UCAR	-0.3000	$0.66	9.52%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0007	$1.26	0.00%	🇨🇳 China
26	VinFast Auto VFS	-2.86	$4.54	10.73%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.26	$1.66	1.19%	🇺🇸 USA
28	Lotus Technology LOT	-0.8433	$1.13	3.42%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0312	$0.35	1.11%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-5.79	$0.31	9.46%	🇮🇳 India
31	BYD 002594.SZ	48.1	$14.39	2.60%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-43.3	$8.23	1.15%	🇮🇳 India
33	Aptera Motors SEV	N/A	$2.81	4.46%	🇺🇸 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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