Top electric vehicle companies by P/E ratio

Companies: 33 average P/E ratio (TTM): 753

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	18.8	HK$32.66	2.21%	🇨🇳 China
2	Yadea Group 1585.HK	28.2	HK$12.78	0.47%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	56.7	HK$103.75	0.93%	🇮🇳 India
4	Li Auto LI	121	HK$144.01	0.70%	🇨🇳 China
5	Tesla TSLA	341	HK$3,137	3.01%	🇺🇸 USA
6	Hyliion HYLN	-5.94	HK$15.66	4.17%	🇺🇸 USA
7	NIO NIO	-6.97	HK$53.49	0.58%	🇨🇳 China
8	XPeng XPEV	-43.7	HK$141.74	0.82%	🇨🇳 China
9	NIU NIU	-80.4	HK$24.04	1.29%	🇨🇳 China
10	Lucid Motors LCID	-0.6264	HK$57.17	5.19%	🇺🇸 USA
11	Rivian RIVN	-5.64	HK$134.93	2.01%	🇺🇸 USA
12	REE Automotive REE	-0.0715	HK$4.86	1.42%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-0.0881	HK$0.61	9.04%	🇺🇸 USA
14	GreenPower Motor Company GP	-0.1620	HK$7.67	1.14%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	HK$0.0007831	0.00%	🇺🇸 USA
16	Faraday Future FFAI	-0.0685	HK$2.33	1.46%	🇺🇸 USA
17	Phoenix Motor PEV	0.6571	HK$1.80	0.00%	🇺🇸 USA

18	Polestar PSNY	-2.88	HK$141.43	11.90%	🇸🇪 Sweden
19	Gogoro GGR	-1.34	HK$32.97	5.12%	🇹🇼 Taiwan
20	Kandi Technologies Group KNDI	16.4	HK$6.48	0.35%	🇨🇳 China
21	XOS XOS	-0.4022	HK$13.31	0.00%	🇺🇸 USA
22	Leapmotor 9863.HK	-25.2	HK$56.95	0.26%	🇨🇳 China
23	Workhorse Group WKHS	-0.0089	HK$21.93	1.82%	🇺🇸 USA
24	U Power UCAR	-0.6588	HK$11.67	29.57%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0008	HK$10.81	4.55%	🇨🇳 China
26	VinFast Auto VFS	-2.63	HK$32.97	0.24%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-5.17	HK$15.82	8.02%	🇺🇸 USA
28	Lotus Technology LOT	-1.00	HK$10.65	1.45%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0387	HK$3.41	0.14%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-8.36	HK$3.46	5.53%	🇮🇳 India
31	BYD 002594.SZ	50.8	HK$119.22	1.67%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-48.4	HK$72.06	1.75%	🇮🇳 India
33	Aptera Motors SEV	N/A	HK$24.75	1.56%	🇺🇸 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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