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	Xiaomi XIACF	15.7	HK$26.88	1.44%	🇨🇳 China
2	Olectra Greentech OLECTRA.NS	58.4	HK$106.86	4.84%	🇮🇳 India
3	Li Auto LI	95.7	HK$111.12	2.41%	🇨🇳 China
4	Tesla TSLA	341	HK$3,108	3.01%	🇺🇸 USA
5	Hyliion HYLN	-21.2	HK$50.33	11.05%	🇺🇸 USA
6	NIO NIO	-5.56	HK$41.53	2.75%	🇨🇳 China
7	XPeng XPEV	-95.8	HK$121.04	2.43%	🇨🇳 China
8	NIU NIU	-60.6	HK$18.30	1.97%	🇨🇳 China
9	Lucid Motors LCID	-0.3984	HK$40.32	0.98%	🇺🇸 USA
10	Rivian RIVN	-5.77	HK$123.90	6.12%	🇺🇸 USA
11	REE Automotive REE	-0.0473	HK$3.22	0.29%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-0.0881	HK$0.61	9.04%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.1769	HK$8.62	2.79%	🇨🇦 Canada
14	Lightning eMotors ZEVY	0.0000	HK$0.0007837	0.00%	🇺🇸 USA
15	Faraday Future FFAI	-0.0763	HK$2.54	0.62%	🇺🇸 USA
16	Phoenix Motor PEV	0.6571	HK$1.80	0.00%	🇺🇸 USA
17	Polestar PSNY	-1.83	HK$153.76	0.15%	🇸🇪 Sweden

18	Gogoro GGR	-1.26	HK$30.96	0.12%	🇹🇼 Taiwan
19	Kandi Technologies Group KNDI	15.0	HK$5.80	1.35%	🇨🇳 China
20	XOS XOS	-0.9188	HK$27.59	11.22%	🇺🇸 USA
21	Leapmotor 9863.HK	-17.3	HK$39.30	0.61%	🇨🇳 China
22	Workhorse Group WKHS	-0.0105	HK$24.61	3.98%	🇺🇸 USA
23	Yadea Group 1585.HK	25.0	HK$11.34	1.90%	🇨🇳 China
24	U Power UCAR	-0.6860	HK$10.03	5.18%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0009	HK$13.17	12.75%	🇨🇳 China
26	VinFast Auto VFS	-1.92	HK$23.86	0.16%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.00	HK$9.09	0.85%	🇺🇸 USA
28	Lotus Technology LOT	-0.8806	HK$8.93	3.39%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.0301	HK$2.64	1.18%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-9.40	HK$3.89	6.55%	🇮🇳 India
31	BYD 002594.SZ	27.5	HK$106.33	0.77%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-69.4	HK$84.89	3.05%	🇮🇳 India
33	Aptera Motors SEV	N/A	HK$16.38	1.42%	🇺🇸 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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