Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 706

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	17.8	3,39 €	3.41%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	55.9	11,13 €	0.07%	🇮🇳 India
3	Li Auto LI	123	15,96 €	0.00%	🇨🇳 China
4	Tesla TSLA	317	319,72 €	3.56%	🇺🇸 USA
5	Hyliion HYLN	-5.56	1,62 €	1.56%	🇺🇸 USA
6	NIO NIO	-6.40	5,37 €	3.09%	🇨🇳 China
7	XPeng XPEV	-38.4	13,60 €	6.31%	🇨🇳 China
8	NIU NIU	-81.8	2,64 €	2.52%	🇨🇳 China
9	Lucid Motors LCID	-0.5345	5,36 €	9.26%	🇺🇸 USA
10	Rivian RIVN	-5.52	14,50 €	4.45%	🇺🇸 USA
11	REE Automotive REE	-0.0675	0,50 €	3.13%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06630 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1635	0,85 €	0.68%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008555 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0934	0,34 €	6.90%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.74	15,13 €	2.32%	🇸🇪 Sweden

18	Gogoro GGR	-1.33	3,54 €	1.43%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.6	0,62 €	2.20%	🇨🇳 China
20	XOS XOS	-0.3956	1,46 €	0.29%	🇺🇸 USA
21	Leapmotor 9863.HK	-21.3	5,27 €	7.99%	🇨🇳 China
22	Workhorse Group WKHS	-0.0086	2,28 €	6.67%	🇺🇸 USA
23	Yadea Group 1585.HK	26.5	1,31 €	0.83%	🇨🇳 China
24	U Power UCAR	-0.7677	1,45 €	6.96%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	1,18 €	0.65%	🇨🇳 China
26	VinFast Auto VFS	-2.78	3,77 €	5.97%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.90	1,63 €	5.45%	🇺🇸 USA
28	Lotus Technology LOT	-1.01	1,15 €	0.00%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0340	0,33 €	1.51%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.52	0,34 €	3.04%	🇮🇳 India
31	BYD 002594.SZ	48.9	12,53 €	1.61%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-50.4	8,17 €	0.78%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,59 €	2.26%	🇺🇸 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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