Top electric vehicle companies by P/E ratio

Companies: 34 average P/E ratio (TTM): 447

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	23.6	$5.24	1.13%	🇨🇳 China
2	Li Auto LI	25.5	$16.21	2.82%	🇨🇳 China
3	Yadea Group 1585.HK	26.7	$1.54	1.96%	🇨🇳 China
4	Olectra Greentech OLECTRA.NS	53.6	$12.86	3.00%	🇮🇳 India
5	Tesla TSLA	285	$467.82	4.50%	🇺🇸 USA
6	Hyliion HYLN	-5.24	$1.78	1.92%	🇺🇸 USA
7	NIO NIO	-3.36	$4.91	2.45%	🇨🇳 China
8	XPeng XPEV	-43.8	$18.02	2.46%	🇨🇳 China
9	NIU NIU	-77.3	$2.92	2.67%	🇨🇳 China
10	Lucid Motors LCID	-1.10	$11.26	2.26%	🇺🇸 USA
11	Rivian RIVN	-5.77	$17.89	0.06%	🇺🇸 USA
12	REE Automotive REE	-0.0801	$0.70	0.00%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.1752	$0.16	2.40%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1421	$0.86	4.34%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.2453	$1.03	4.61%	🇺🇸 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	0.00%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	18.3	$0.92	1.91%	🇨🇳 China
21	XOS XOS	-0.4974	$2.14	0.65%	🇺🇸 USA
22	Leapmotor 9863.HK	-21.0	$6.07	0.13%	🇨🇳 China
23	Workhorse Group WKHS	-0.2153	$5.53	3.29%	🇺🇸 USA
24	U Power UCAR	-0.7768	$1.71	1.79%	🇨🇳 China
25	EZGO Technologies EZGO	-0.3308	$1.96	1.82%	🇨🇳 China
26	VinFast Auto VFS	-2.20	$3.38	1.31%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-12.2	$4.74	2.67%	🇺🇸 USA
28	Lotus Technology LOT	-1.04	$1.39	0.34%	🇨🇳 China
29	Zeekr ZK	-17.1	$26.75	0.04%	🇨🇳 China
30	Ebusco Holding EBUS.AS	-0.0411	$0.46	0.72%	🇳🇱 Netherlands
31	Ola Electric Mobility OLAELEC.NS	-7.19	$0.36	4.58%	🇮🇳 India
32	BYD 002594.SZ	45.1	$13.52	1.02%	🇨🇳 China
33	Ather Energy ATHERENERG.NS	-29.2	$7.32	2.26%	🇮🇳 India
34	Aptera Motors SEV	N/A	$4.97	5.31%	🇺🇸 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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