Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 710

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	18.0	£2.95	0.76%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	54.6	£9.44	1.72%	🇮🇳 India
3	Li Auto LI	118	£13.40	2.79%	🇨🇳 China
4	Tesla TSLA	319	£278.15	0.69%	🇺🇸 USA
5	Hyliion HYLN	-5.65	£1.42	1.59%	🇺🇸 USA
6	NIO NIO	-6.37	£4.59	1.11%	🇨🇳 China
7	XPeng XPEV	-39.6	£12.31	4.78%	🇨🇳 China
8	NIU NIU	-83.8	£2.33	1.94%	🇨🇳 China
9	Lucid Motors LCID	-0.5422	£4.62	0.32%	🇺🇸 USA
10	Rivian RIVN	-5.32	£12.21	2.54%	🇺🇸 USA
11	REE Automotive REE	-0.0657	£0.42	3.37%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	£0.05729	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1555	£0.70	4.81%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	£0.00007392	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0872	£0.27	5.84%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
17	Polestar PSNY	-2.78	£13.25	1.30%	🇸🇪 Sweden

18	Gogoro GGR	-1.32	£3.05	0.24%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	14.6	£0.54	0.47%	🇨🇳 China
20	XOS XOS	-0.3944	£1.27	0.88%	🇺🇸 USA
21	Leapmotor 9863.HK	-20.5	£4.37	4.02%	🇨🇳 China
22	Workhorse Group WKHS	-0.0086	£1.97	0.38%	🇺🇸 USA
23	Yadea Group 1585.HK	26.4	£1.13	0.42%	🇨🇳 China
24	U Power UCAR	-0.7577	£1.21	2.96%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	£1.02	0.23%	🇨🇳 China
26	VinFast Auto VFS	-2.75	£3.22	1.13%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.15	£1.51	6.81%	🇺🇸 USA
28	Lotus Technology LOT	-0.9888	£0.98	0.76%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0343	£0.28	0.92%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-7.19	£0.28	3.95%	🇮🇳 India
31	BYD 002594.SZ	48.7	£10.77	0.52%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-49.3	£6.93	1.72%	🇮🇳 India
33	Aptera Motors SEV	N/A	£2.15	3.96%	🇺🇸 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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