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	NZ$1.89	0.53%	🇨🇳 China
2	Xiaomi XIACF	16.0	NZ$6.06	1.42%	🇨🇳 China
3	Olectra Greentech OLECTRA.NS	53.0	NZ$22.25	0.95%	🇮🇳 India
4	Leapmotor 9863.HK	81.6	NZ$7.95	4.09%	🇨🇳 China
5	Tesla TSLA	316	NZ$661.98	0.98%	🇺🇸 USA
6	Hyliion HYLN	-15.6	NZ$7.81	2.05%	🇺🇸 USA
7	NIO NIO	-6.68	NZ$6.50	1.36%	🇨🇳 China
8	XPeng XPEV	-30.9	NZ$18.31	0.10%	🇨🇳 China
9	Niu Technologies NIU	-12.2	NZ$3.68	2.18%	🇨🇳 China
10	Li Auto LI	-44.2	NZ$20.37	1.22%	🇨🇳 China
11	Lucid Motors LCID	-0.3362	NZ$7.55	0.47%	🇺🇸 USA
12	Rivian RIVN	-5.19	NZ$26.45	1.43%	🇺🇸 USA
13	REE Automotive REE	-0.0088	NZ$0.13	0.00%	🇮🇱 Israel
14	Cenntro Inc. CENN	-0.0020	NZ$0.14	9.04%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.2723	NZ$1.38	2.70%	🇨🇦 Canada
16	Lightning eMotors ZEVY	0.0000	NZ$0.0001747	0.00%	🇺🇸 USA
17	Faraday Future FFAI	-0.0234	NZ$0.13	9.58%	🇺🇸 USA

18	Phoenix Motor PEV	0.6571	NZ$0.40	0.00%	🇺🇸 USA
19	Polestar PSNY	-0.6857	NZ$13.02	4.61%	🇸🇪 Sweden
20	Gogoro GGR	-0.6038	NZ$4.98	1.79%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	11.0	NZ$0.98	6.11%	🇨🇳 China
22	Xos, Inc. XOS	-1.28	NZ$4.40	0.79%	🇺🇸 USA
23	Workhorse Group WKHS	-0.0992	NZ$5.29	1.00%	🇺🇸 USA
24	U Power UCAR	-0.1917	NZ$7.60	1.81%	🇨🇳 China
25	EZGO Technologies EZGO	-0.0001	NZ$1.47	0.47%	🇨🇳 China
26	VinFast Auto VFS	-1.91	NZ$5.64	4.44%	🇻🇳 Vietnam
27	LiveWire Group LVWR	-3.91	NZ$2.53	5.23%	🇺🇸 USA
28	Lotus Technology LOT	-0.7713	NZ$1.59	4.22%	🇨🇳 China
29	Ebusco Holding EBUS.AS	-0.3101	NZ$0.39	0.51%	🇳🇱 Netherlands
30	Ola Electric Mobility OLAELEC.NS	-6.73	NZ$0.69	2.11%	🇮🇳 India
31	BYD 002594.SZ	26.2	NZ$22.58	1.60%	🇨🇳 China
32	Ather Energy ATHERENERG.NS	-103	NZ$28.22	3.09%	🇮🇳 India
33	Aptera Motors SEV	-1.18	NZ$3.62	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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