Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 405

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	Li Auto LI	15.3	$17.21	1.04%	🇨🇳 China
2	Yadea Group 1585.HK	27.7	$1.60	1.38%	🇨🇳 China
3	Xiaomi XIACF	29.2	$5.40	1.12%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	55.0	$13.18	1.82%	🇮🇳 India
5	Tesla TSLA	275	$451.45	1.39%	🇺🇸 USA
6	Hyliion HYLN	-5.71	$1.94	1.04%	🇺🇸 USA
7	NIO NIO	-3.13	$5.03	0.00%	🇨🇳 China
8	XPeng XPEV	-31.2	$19.65	0.81%	🇨🇳 China
9	NIU NIU	-12.7	$3.23	0.00%	🇨🇳 China
10	Lucid Motors LCID	-1.26	$12.98	4.26%	🇺🇸 USA
11	Rivian RIVN	-5.63	$17.50	1.19%	🇺🇸 USA
12	REE Automotive REE	-0.0872	$0.76	1.74%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1573	$0.16	3.82%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1471	$1.03	1.90%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0609	$1.16	0.85%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA

18	Polestar PSNY	-1.56	$0.56	7.15%	🇸🇪 Sweden
19	Gogoro GGR	-1.23	$3.85	0.00%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	19.4	$0.97	2.72%	🇨🇳 China
21	XOS XOS	-0.3932	$2.30	0.65%	🇺🇸 USA
22	Leapmotor 9863.HK	-22.0	$6.36	1.16%	🇨🇳 China
23	Workhorse Group WKHS	-0.2528	$6.54	8.47%	🇺🇸 USA
24	U Power UCAR	-0.8041	$1.77	1.14%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3621	$2.14	2.73%	🇨🇳 China
26	VinFast Auto VFS	-2.39	$3.28	0.31%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-11.7	$4.56	4.11%	🇺🇸 USA
28	Lotus Technology LOT	-0.8831	$1.36	1.12%	🇨🇳 China
29	Zeekr ZK	-14.7	$26.74	0.11%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0436	$0.49	1.45%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.57	$0.38	1.15%	🇮🇳 India
32	BYD 002594.SZ	45.6	$13.66	0.46%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-28.7	$7.18	0.60%	🇮🇳 India
34	Aptera Motors SEV	N/A	$5.08	5.05%	🇺🇸 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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