Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 730

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	17.0	3,21 €	0.00%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	55.9	11,13 €	1.42%	🇮🇳 India
3	Li Auto LI	116	14,98 €	1.46%	🇨🇳 China
4	Tesla TSLA	337	333,13 €	2.41%	🇺🇸 USA
5	Hyliion HYLN	-5.81	1,74 €	6.81%	🇺🇸 USA
6	NIO NIO	-6.03	5,04 €	7.51%	🇨🇳 China
7	XPeng XPEV	-38.7	13,49 €	2.88%	🇨🇳 China
8	NIU NIU	-81.0	2,63 €	0.65%	🇨🇳 China
9	Lucid Motors LCID	-0.5580	5,57 €	2.67%	🇺🇸 USA
10	Rivian RIVN	-4.95	12,80 €	8.41%	🇺🇸 USA
11	REE Automotive REE	-0.0641	0,47 €	0.91%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06606 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1620	0,87 €	2.01%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008524 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0979	0,35 €	6.12%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.82	15,74 €	0.16%	🇸🇪 Sweden

18	Gogoro GGR	-1.33	3,54 €	0.85%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.6	0,63 €	0.04%	🇨🇳 China
20	XOS XOS	-0.4176	1,50 €	0.57%	🇺🇸 USA
21	Leapmotor 9863.HK	-20.9	5,16 €	0.76%	🇨🇳 China
22	Workhorse Group WKHS	-0.0110	2,77 €	12.07%	🇺🇸 USA
23	Yadea Group 1585.HK	26.6	1,31 €	1.35%	🇨🇳 China
24	U Power UCAR	-0.7791	1,44 €	2.42%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0009	1,33 €	7.59%	🇨🇳 China
26	VinFast Auto VFS	-2.71	3,62 €	0.47%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.67	1,52 €	2.20%	🇺🇸 USA
28	Lotus Technology LOT	-0.9778	1,11 €	0.39%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0339	0,32 €	1.37%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.30	0,33 €	0.94%	🇮🇳 India
31	BYD 002594.SZ	50.4	12,86 €	2.30%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-51.8	8,39 €	0.50%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,32 €	1.63%	🇺🇸 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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