Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 459

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	23.5	$5.22	0.38%	🇨🇳 China
2	Li Auto LI	27.0	$17.00	5.07%	🇨🇳 China
3	Yadea Group 1585.HK	27.1	$1.56	1.42%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	54.8	$13.13	3.64%	🇮🇳 India
5	Tesla TSLA	294	$481.20	0.45%	🇺🇸 USA
6	Hyliion HYLN	-5.49	$1.86	2.20%	🇺🇸 USA
7	NIO NIO	-3.42	$4.99	1.22%	🇨🇳 China
8	XPeng XPEV	-48.3	$19.86	6.77%	🇨🇳 China
9	NIU NIU	-80.4	$3.08	0.65%	🇨🇳 China
10	Lucid Motors LCID	-1.15	$11.82	3.23%	🇺🇸 USA
11	Rivian RIVN	-7.24	$22.45	10.70%	🇺🇸 USA
12	REE Automotive REE	-0.0766	$0.65	2.68%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1705	$0.16	10.06%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1374	$0.85	1.19%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.2642	$1.12	2.75%	🇺🇸 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	-1.18	$3.62	0.82%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	18.0	$0.88	0.24%	🇨🇳 China
21	XOS XOS	-0.4756	$2.07	2.99%	🇺🇸 USA
22	Leapmotor 9863.HK	-22.4	$6.49	5.74%	🇨🇳 China
23	Workhorse Group WKHS	-0.2046	$5.38	2.67%	🇺🇸 USA
24	U Power UCAR	-0.7632	$1.65	0.92%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3435	$2.08	14.29%	🇨🇳 China
26	VinFast Auto VFS	-2.21	$3.43	1.93%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-12.6	$4.79	2.04%	🇺🇸 USA
28	Lotus Technology LOT	-1.00	$1.34	3.60%	🇨🇳 China
29	Zeekr ZK	-17.0	$26.73	0.49%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0419	$0.47	0.91%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.59	$0.38	9.98%	🇮🇳 India
32	BYD 002594.SZ	44.7	$13.38	0.75%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-31.3	$7.84	5.90%	🇮🇳 India
34	Aptera Motors SEV	N/A	$4.92	2.50%	🇺🇸 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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