Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -236

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	-2.43	$3.02	7.05%	🇺🇸 USA
2	Tesla TSLA	110	$535.39	1.02%	🇺🇸 USA
3	NIO NIO	-2.33	$6.01	0.00%	🇨🇳 China
4	XPeng XPEV	-11.9	$24.46	3.32%	🇨🇳 China
5	Nikola NKLA	-0.4763	$1.08	4.41%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.54	0.00%	🇺🇸 USA
7	NIU NIU	-10.9	$2.82	0.51%	🇨🇳 China
8	Li Auto LI	94.9	$35.49	6.18%	🇨🇳 China
9	Canoo GOEV	-0.3558	$0.53	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-2.02	$4.13	0.69%	🇺🇸 USA
11	Rivian RIVN	-1.98	$18.31	0.23%	🇺🇸 USA
12	REE Automotive REE	-0.9083	$11.64	0.73%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.13	$1.47	0.49%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	$0.92	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.31	$1.05	5.77%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.36	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.00001430	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0019	$0.37	0.42%	🇺🇸 USA
19	Faraday Future FFIE	-0.0171	$1.90	4.32%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3565	$0.35	2.24%	🇺🇸 USA
21	Polestar PSNY	-7.96	$1.53	0.93%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.63	0.78%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-21.5	$1.55	0.46%	🇨🇳 China
24	XOS XOS	-6.08	$4.53	1.41%	🇺🇸 USA
25	Leapmotor 9863.HK	-11.3	$6.34	1.02%	🇨🇳 China
26	Workhorse Group WKHS	-0.7123	$0.74	4.20%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	155	$22.06	0.50%	🇮🇳 India
28	Yadea Group 1585.HK	21.2	$2.27	5.80%	🇨🇳 China
29	U Power UCAR	-23.6	$4.18	0.34%	🇨🇳 China
30	EZGO Technologies EZGO	-1.86	$0.72	5.42%	🇨🇳 China
31	VinFast Auto VFS	-3.75	$5.54	0.26%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-6.01	$4.10	5.90%	🇺🇸 USA
33	NWTN Inc. NWTN	-14.9	$0.92	0.62%	🇦🇪 UAE
34	Lotus Technology LOT	-2.47	$3.80	4.66%	🇨🇳 China
35	Xiaomi XIACF	93.1	$7.44	0.97%	🇨🇳 China
36	Zeekr ZK	N/A	$38.62	7.40%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.30	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.3772	$1.20	0.54%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-34.7	$1.16	1.16%	🇮🇳 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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