Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -228

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	£1.68	0.93%	🇺🇸 USA
2	Tesla TSLA	104	£282.70	0.03%	🇺🇸 USA
3	NIO NIO	-2.42	£3.53	4.23%	🇨🇳 China
4	XPeng XPEV	-11.5	£13.24	4.45%	🇨🇳 China
5	Nikola NKLA	-0.3492	£0.43	10.30%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	£0.30	0.00%	🇺🇸 USA
7	NIU NIU	-12.5	£1.83	5.02%	🇨🇳 China
8	Li Auto LI	98.3	£20.53	2.54%	🇨🇳 China
9	Canoo GOEV	-0.3558	£0.29	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-2.31	£2.63	1.53%	🇺🇸 USA
11	Rivian RIVN	-2.16	£11.15	5.49%	🇺🇸 USA
12	REE Automotive REE	-0.8882	£6.42	3.72%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-5.84	£0.78	1.25%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	£0.51	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.32	£0.58	2.09%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	£0.20	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	£0.000007945	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0015	£0.16	12.25%	🇺🇸 USA
19	Faraday Future FFIE	-0.0213	£1.27	9.60%	🇺🇸 USA
20	Phoenix Motor PEV	-0.5836	£0.32	20.18%	🇺🇸 USA
21	Polestar PSNY	-8.26	£0.87	0.90%	🇸🇪 Sweden
22	Gogoro GGR	N/A	£0.38	11.53%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-23.7	£0.96	3.42%	🇨🇳 China
24	XOS XOS	-5.96	£2.45	0.65%	🇺🇸 USA
25	Leapmotor 9863.HK	-11.1	£3.46	4.15%	🇨🇳 China
26	Workhorse Group WKHS	-0.7997	£0.46	0.91%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	136	£10.71	4.71%	🇮🇳 India
28	Yadea Group 1585.HK	20.7	£1.23	2.20%	🇨🇳 China
29	U Power UCAR	-27.3	£2.69	3.98%	🇨🇳 China
30	EZGO Technologies EZGO	-1.89	£0.39	0.92%	🇨🇳 China
31	VinFast Auto VFS	-3.65	£3.00	1.34%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-5.63	£2.07	0.00%	🇺🇸 USA
33	NWTN Inc. NWTN	-13.4	£0.46	4.59%	🇦🇪 UAE
34	Lotus Technology LOT	-2.33	£2.03	6.69%	🇨🇳 China
35	Xiaomi XIACF	102	£4.51	2.53%	🇨🇳 China
36	Zeekr ZK	N/A	£20.92	5.96%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	£0.18	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.3135	£0.55	0.22%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-29.9	£0.56	5.30%	🇮🇳 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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