Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -224

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	Hyliion HYLN	-2.73	$3.80	2.89%	🇺🇸 USA
2	Tesla TSLA	121	$654.72	1.08%	🇺🇸 USA
3	NIO NIO	-2.41	$6.99	2.70%	🇨🇳 China
4	XPeng XPEV	-10.6	$24.63	2.25%	🇨🇳 China
5	Nikola NKLA	-0.4905	$1.28	2.32%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.61	0.00%	🇺🇸 USA
7	NIU NIU	-11.2	$3.27	0.98%	🇨🇳 China
8	Li Auto LI	89.9	$37.90	2.86%	🇨🇳 China
9	Canoo GOEV	-0.3558	$0.60	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.93	$4.47	1.47%	🇺🇸 USA
11	Rivian RIVN	-1.95	$20.32	0.40%	🇺🇸 USA
12	REE Automotive REE	-0.9598	$14.00	3.14%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.31	$1.70	3.67%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	$1.04	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.49	$1.35	6.38%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.40	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.00001618	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0022	$0.46	8.63%	🇺🇸 USA
19	Faraday Future FFIE	-0.0166	$2.14	5.60%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3680	$0.40	5.46%	🇺🇸 USA
21	Polestar PSNY	-7.74	$1.65	1.92%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.67	0.22%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-22.1	$1.80	4.31%	🇨🇳 China
24	XOS XOS	-5.92	$5.00	2.66%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.6	$6.70	1.07%	🇨🇳 China
26	Workhorse Group WKHS	-0.7234	$0.83	1.43%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	171	$27.43	2.93%	🇮🇳 India
28	Yadea Group 1585.HK	22.0	$2.67	1.90%	🇨🇳 China
29	U Power UCAR	-21.5	$4.35	14.60%	🇨🇳 China
30	EZGO Technologies EZGO	-1.88	$0.82	3.14%	🇨🇳 China
31	VinFast Auto VFS	-3.79	$6.31	3.94%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-6.51	$5.10	5.97%	🇺🇸 USA
33	NWTN Inc. NWTN	-14.3	$1.02	4.25%	🇦🇪 UAE
34	Lotus Technology LOT	-2.61	$4.42	6.51%	🇨🇳 China
35	Xiaomi XIACF	92.7	$8.33	2.83%	🇨🇳 China
36	Zeekr ZK	N/A	$42.30	1.06%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.36	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4281	$1.54	0.08%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-36.9	$1.40	11.99%	🇮🇳 India

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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