Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -234

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	-2.79	$2.43	2.53%	🇺🇸 USA
2	Tesla TSLA	124	$424.07	0.57%	🇺🇸 USA
3	NIO NIO	-2.32	$4.18	4.13%	🇨🇳 China
4	XPeng XPEV	-10.5	$15.00	6.16%	🇨🇳 China
5	Nikola NKLA	-0.7690	$1.22	9.33%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.38	0.00%	🇺🇸 USA
7	NIU NIU	-10.7	$1.93	1.58%	🇨🇳 China
8	Li Auto LI	91.0	$23.79	5.31%	🇨🇳 China
9	Canoo GOEV	-0.3559	$0.37	72.59%	🇺🇸 USA
10	Lucid Motors LCID	-2.00	$2.86	6.84%	🇺🇸 USA
11	Rivian RIVN	-2.05	$13.29	6.47%	🇺🇸 USA
12	REE Automotive REE	-0.9775	$8.76	0.57%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.97	$1.17	2.50%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	$0.05410	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.45	$0.81	0.98%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.25	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.0001000	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0031	$0.43	10.94%	🇺🇸 USA
19	Faraday Future FFIE	-0.0189	$1.47	2.65%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3964	$0.27	2.20%	🇺🇸 USA
21	Polestar PSNY	-8.19	$1.10	0.92%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.46	1.20%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-22.3	$1.12	2.17%	🇨🇳 China
24	XOS XOS	-6.23	$3.24	0.92%	🇺🇸 USA
25	Leapmotor 9863.HK	-11.2	$4.37	0.00%	🇨🇳 China
26	Workhorse Group WKHS	-0.9158	$0.67	5.26%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	162	$15.94	1.77%	🇮🇳 India
28	Yadea Group 1585.HK	22.7	$1.70	1.49%	🇨🇳 China
29	U Power UCAR	-72.7	$9.00	0.55%	🇨🇳 China
30	EZGO Technologies EZGO	-2.01	$0.54	10.90%	🇨🇳 China
31	VinFast Auto VFS	-3.95	$4.08	0.97%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-8.17	$3.90	3.47%	🇺🇸 USA
33	NWTN Inc. NWTN	-16.2	$0.70	5.09%	🇦🇪 UAE
34	Lotus Technology LOT	-2.97	$3.20	7.78%	🇨🇳 China
35	Xiaomi XIACF	82.5	$4.61	0.88%	🇨🇳 China
36	Zeekr ZK	N/A	$26.48	3.88%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.22	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4560	$1.01	1.23%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-36.9	$0.87	1.56%	🇮🇳 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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