Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): > 1000

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	Yadea Group 1585.HK	7.89	£0.81	0.53%	🇨🇳 China
2	Xiaomi XIACF	16.0	£2.60	1.42%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	53.0	£9.55	0.95%	🇮🇳 India
4	Leapmotor 9863.HK	81.6	£3.41	4.09%	🇨🇳 China
5	Tesla TSLA	316	£284.19	0.98%	🇺🇸 USA
6	Hyliion HYLN	-15.6	£3.35	2.05%	🇺🇸 USA
7	NIO NIO	-6.68	£2.79	1.36%	🇨🇳 China
8	XPeng XPEV	-30.9	£7.86	0.10%	🇨🇳 China
9	Niu Technologies NIU	-12.2	£1.58	2.18%	🇨🇳 China
10	Li Auto LI	-44.2	£8.75	1.22%	🇨🇳 China
11	Lucid Motors LCID	-0.3362	£3.24	0.47%	🇺🇸 USA
12	Rivian RIVN	-5.19	£11.36	1.43%	🇺🇸 USA
13	REE Automotive REE	-0.0088	£0.05768	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	£0.05813	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2723	£0.59	2.70%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	£0.00007500	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	£0.05378	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	£0.17	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.6857	£5.59	4.61%	🇸🇪 Sweden
20	Gogoro GGR	-0.6038	£2.14	1.79%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	11.0	£0.42	6.11%	🇨🇳 China
22	Xos, Inc. XOS	-1.28	£1.89	0.79%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0992	£2.27	1.00%	🇺🇸 USA
24	U Power UCAR	-0.1917	£3.26	1.81%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	£0.63	0.47%	🇨🇳 China
26	VinFast Auto VFS	-1.91	£2.42	4.44%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.91	£1.09	5.23%	🇺🇸 USA
28	Lotus Technology LOT	-0.7713	£0.68	4.22%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3101	£0.17	0.51%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.73	£0.30	2.11%	🇮🇳 India
31	BYD 002594.SZ	26.2	£9.69	1.60%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-103	£12.11	3.09%	🇮🇳 India
33	Aptera Motors SEV	-1.18	£1.55	0.96%	🇺🇸 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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