Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 705

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	£2.94	3.41%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	54.6	£9.47	1.72%	🇮🇳 India
3	Li Auto LI	123	£13.36	3.40%	🇨🇳 China
4	Tesla TSLA	317	£277.23	0.00%	🇺🇸 USA
5	Hyliion HYLN	-5.56	£1.40	0.26%	🇺🇸 USA
6	NIO NIO	-6.40	£4.57	1.99%	🇨🇳 China
7	XPeng XPEV	-38.4	£12.04	2.11%	🇨🇳 China
8	NIU NIU	-81.8	£2.29	0.16%	🇨🇳 China
9	Lucid Motors LCID	-0.5345	£4.64	0.32%	🇺🇸 USA
10	Rivian RIVN	-5.52	£12.33	1.92%	🇺🇸 USA
11	REE Automotive REE	-0.0675	£0.43	1.71%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	£0.05749	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1635	£0.71	3.34%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	£0.00007418	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0934	£0.29	2.41%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.74	£12.69	3.28%	🇸🇪 Sweden

18	Gogoro GGR	-1.33	£3.13	1.76%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.6	£0.54	0.00%	🇨🇳 China
20	XOS XOS	-0.3956	£1.29	2.05%	🇺🇸 USA
21	Leapmotor 9863.HK	-20.5	£4.39	4.02%	🇨🇳 China
22	Workhorse Group WKHS	-0.0086	£1.93	2.07%	🇺🇸 USA
23	Yadea Group 1585.HK	26.4	£1.13	0.42%	🇨🇳 China
24	U Power UCAR	-0.7677	£1.25	0.00%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	£1.02	0.00%	🇨🇳 China
26	VinFast Auto VFS	-2.78	£3.28	0.21%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-4.90	£1.45	2.62%	🇺🇸 USA
28	Lotus Technology LOT	-1.01	£0.99	0.76%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0341	£0.29	1.23%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.19	£0.28	3.95%	🇮🇳 India
31	BYD 002594.SZ	48.7	£10.81	0.52%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-49.3	£6.95	1.72%	🇮🇳 India
33	Aptera Motors SEV	N/A	£2.23	0.66%	🇺🇸 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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