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	Xiaomi XIACF	17.3	$3.85	1.05%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	55.0	$12.86	0.92%	🇮🇳 India
3	Li Auto LI	105	$15.88	0.06%	🇨🇳 China
4	Tesla TSLA	361	$433.59	1.78%	🇺🇸 USA
5	Hyliion HYLN	-19.4	$6.60	10.18%	🇺🇸 USA
6	NIO NIO	-5.36	$5.26	1.15%	🇨🇳 China
7	XPeng XPEV	-100	$16.55	6.16%	🇨🇳 China
8	NIU NIU	-65.1	$2.46	2.50%	🇨🇳 China
9	Lucid Motors LCID	-0.4668	$5.97	2.23%	🇺🇸 USA
10	Rivian RIVN	-4.93	$14.39	1.20%	🇺🇸 USA
11	REE Automotive REE	-0.0445	$0.39	5.06%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	$0.07750	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1769	$1.07	0.00%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0716	$0.30	4.73%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	$0.23	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.06	$22.11	0.63%	🇸🇪 Sweden

18	Gogoro GGR	-1.23	$3.85	3.99%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	15.2	$0.76	3.71%	🇨🇳 China
20	XOS XOS	-0.4872	$2.10	0.00%	🇺🇸 USA
21	Leapmotor 9863.HK	-18.8	$5.44	0.09%	🇨🇳 China
22	Workhorse Group WKHS	-0.0110	$3.40	6.58%	🇺🇸 USA
23	Yadea Group 1585.HK	25.8	$1.49	0.85%	🇨🇳 China
24	U Power UCAR	-0.6860	$1.51	11.03%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	$1.47	9.26%	🇨🇳 China
26	VinFast Auto VFS	-2.26	$3.59	0.56%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.69	$1.44	3.60%	🇺🇸 USA
28	Lotus Technology LOT	-0.9925	$1.33	1.48%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0332	$0.37	4.61%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.44	$0.39	0.82%	🇮🇳 India
31	BYD 002594.SZ	28.9	$14.23	0.61%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-63.6	$9.94	3.17%	🇮🇳 India
33	Aptera Motors SEV	N/A	$2.52	1.20%	🇺🇸 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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