Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -169

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	Tesla TSLA	94.2	$321.22	8.19%	🇺🇸 USA
2	Hyliion HYLN	-3.24	$2.82	9.30%	🇺🇸 USA
3	NIO NIO	-2.82	$5.09	4.14%	🇨🇳 China
4	XPeng XPEV	-10.1	$14.49	1.90%	🇨🇳 China
5	Nikola NKLA	-1.91	$3.02	1.95%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.38	0.00%	🇺🇸 USA
7	NIU NIU	-11.9	$2.14	3.82%	🇨🇳 China
8	Li Auto LI	90.5	$23.65	7.65%	🇨🇳 China
9	Canoo GOEV	-0.4982	$0.52	26.43%	🇺🇸 USA
10	Lucid Motors LCID	-1.55	$2.21	0.45%	🇺🇸 USA
11	Rivian RIVN	-1.64	$10.59	5.37%	🇺🇸 USA
12	REE Automotive REE	-0.8023	$7.19	1.64%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-8.64	$1.45	5.84%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	$0.05410	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.59	$0.89	5.37%	🇨🇦 Canada
16	Lion Electric LEV	-1.51	$0.35	15.84%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.0002000	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0121	$1.65	6.25%	🇺🇸 USA
19	Faraday Future FFIE	-0.0017	$0.13	1.26%	🇺🇸 USA
20	Phoenix Motor PEV	-0.5942	$0.41	2.64%	🇺🇸 USA
21	Polestar PSNY	-9.15	$1.23	2.77%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.48	17.29%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-26.6	$1.34	2.19%	🇨🇳 China
24	XOS XOS	-9.12	$4.74	14.77%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.5	$4.12	1.10%	🇨🇳 China
26	Workhorse Group WKHS	-1.08	$0.79	6.42%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	190	$18.87	1.36%	🇮🇳 India
28	Yadea Group 1585.HK	21.6	$1.62	0.79%	🇨🇳 China
29	U Power UCAR	-63.7	$7.88	0.06%	🇨🇳 China
30	EZGO Technologies EZGO	-3.75	$1.01	3.70%	🇨🇳 China
31	VinFast Auto VFS	-3.63	$3.75	0.54%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-13.9	$6.66	1.04%	🇺🇸 USA
33	NWTN Inc. NWTN	-25.1	$1.09	0.93%	🇦🇪 UAE
34	Lotus Technology LOT	-4.23	$4.55	4.60%	🇨🇳 China
35	Xiaomi XIACF	63.2	$3.53	2.18%	🇨🇳 China
36	Zeekr ZK	N/A	$24.83	2.51%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.22	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-1.63	$3.63	11.96%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-36.8	$0.86	2.47%	🇮🇳 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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