Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): > 1000

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	Yadea Group 1585.HK	9.60	$1.31	1.34%	🇨🇳 China
2	Xiaomi XIACF	16.4	$3.56	4.04%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	56.4	$13.54	0.45%	🇮🇳 India
4	Leapmotor 9863.HK	92.3	$5.14	5.71%	🇨🇳 China
5	Tesla TSLA	292	$350.25	0.37%	🇺🇸 USA
6	Hyliion HYLN	-10.8	$3.24	2.86%	🇺🇸 USA
7	NIO NIO	-8.00	$4.45	2.06%	🇨🇳 China
8	XPeng XPEV	-34.3	$11.60	4.04%	🇨🇳 China
9	Niu Technologies NIU	-11.5	$1.96	1.03%	🇨🇳 China
10	Li Auto LI	-46.5	$12.27	1.68%	🇨🇳 China
11	Lucid Motors LCID	-0.4113	$5.26	3.34%	🇺🇸 USA
12	Rivian RIVN	-5.73	$16.74	0.84%	🇺🇸 USA
13	REE Automotive REE	-0.0088	$0.07690	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	$0.07750	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.5514	$1.61	1.23%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	$0.07170	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA
19	Polestar PSNY	-1.14	$12.54	2.64%	🇸🇪 Sweden
20	Gogoro GGR	-0.5678	$2.68	8.53%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	13.2	$0.66	1.87%	🇨🇳 China
22	Xos, Inc. XOS	-1.78	$3.52	0.86%	🇺🇸 USA
23	Workhorse Group WKHS	-0.1030	$3.14	0.64%	🇺🇸 USA
24	U Power UCAR	-0.0257	$0.59	0.74%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	$1.02	0.99%	🇨🇳 China
26	VinFast Auto VFS	-1.79	$3.13	1.29%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.32	$1.23	3.15%	🇺🇸 USA
28	Lotus Technology LOT	-0.9746	$1.15	0.00%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.4065	$0.29	0.40%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.46	$0.38	3.08%	🇮🇳 India
31	BYD 002594.SZ	27.6	$13.61	0.77%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-96.6	$15.09	0.94%	🇮🇳 India
33	Aptera Motors SEV	-1.33	$2.38	0.63%	🇺🇸 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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