Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 709

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	3,28 €	2.78%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	58.4	11,65 €	3.93%	🇮🇳 India
3	Li Auto LI	116	15,09 €	1.45%	🇨🇳 China
4	Tesla TSLA	319	321,23 €	0.51%	🇺🇸 USA
5	Hyliion HYLN	-5.37	1,55 €	1.09%	🇺🇸 USA
6	NIO NIO	-6.50	5,42 €	2.01%	🇨🇳 China
7	XPeng XPEV	-38.8	13,72 €	2.84%	🇨🇳 China
8	NIU NIU	-80.1	2,58 €	1.94%	🇨🇳 China
9	Lucid Motors LCID	-0.5034	5,00 €	1.10%	🇺🇸 USA
10	Rivian RIVN	-5.28	13,73 €	3.74%	🇺🇸 USA
11	REE Automotive REE	-0.0641	0,49 €	0.45%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	0,06610 €	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1603	0,85 €	2.26%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	0,00008529 €	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0823	0,31 €	0.64%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	0,20 €	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.80	15,32 €	0.96%	🇸🇪 Sweden

18	Gogoro GGR	-1.33	3,56 €	1.21%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	13.6	0,59 €	2.84%	🇨🇳 China
20	XOS XOS	-0.3915	1,47 €	2.24%	🇺🇸 USA
21	Leapmotor 9863.HK	-20.1	4,96 €	3.51%	🇨🇳 China
22	Workhorse Group WKHS	-0.0078	2,07 €	4.71%	🇺🇸 USA
23	Yadea Group 1585.HK	25.3	1,25 €	3.62%	🇨🇳 China
24	U Power UCAR	-0.7973	1,59 €	2.76%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	1,13 €	3.04%	🇨🇳 China
26	VinFast Auto VFS	-2.55	3,45 €	3.92%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.23	1,75 €	4.06%	🇺🇸 USA
28	Lotus Technology LOT	-0.9776	1,10 €	3.01%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0343	0,33 €	0.46%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.20	0,32 €	3.03%	🇮🇳 India
31	BYD 002594.SZ	49.6	12,66 €	0.84%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-52.0	8,43 €	1.07%	🇮🇳 India
33	Aptera Motors SEV	N/A	2,44 €	2.22%	🇺🇸 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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