Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -233

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	£1.97	2.53%	🇺🇸 USA
2	Tesla TSLA	124	£343.81	0.57%	🇺🇸 USA
3	NIO NIO	-2.32	£3.39	4.13%	🇨🇳 China
4	XPeng XPEV	-10.5	£12.16	6.16%	🇨🇳 China
5	Nikola NKLA	-0.7690	£0.99	9.33%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	£0.31	0.00%	🇺🇸 USA
7	NIU NIU	-10.7	£1.56	1.58%	🇨🇳 China
8	Li Auto LI	91.0	£19.29	5.31%	🇨🇳 China
9	Canoo GOEV	-0.3559	£0.30	72.59%	🇺🇸 USA
10	Lucid Motors LCID	-2.00	£2.32	6.84%	🇺🇸 USA
11	Rivian RIVN	-2.05	£10.77	6.47%	🇺🇸 USA
12	REE Automotive REE	-0.9775	£7.10	0.57%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.97	£0.95	2.50%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	£0.04386	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.45	£0.66	0.98%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	£0.20	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	£0.00008107	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0031	£0.35	10.94%	🇺🇸 USA
19	Faraday Future FFIE	-0.0189	£1.19	2.65%	🇺🇸 USA
20	Phoenix Motor PEV	-0.3964	£0.22	2.20%	🇺🇸 USA
21	Polestar PSNY	-8.19	£0.89	0.92%	🇸🇪 Sweden
22	Gogoro GGR	N/A	£0.37	1.20%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-22.3	£0.91	2.17%	🇨🇳 China
24	XOS XOS	-6.23	£2.63	0.92%	🇺🇸 USA
25	Leapmotor 9863.HK	-11.2	£3.52	0.59%	🇨🇳 China
26	Workhorse Group WKHS	-0.9158	£0.54	5.26%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	162	£12.82	2.53%	🇮🇳 India
28	Yadea Group 1585.HK	22.7	£1.36	2.53%	🇨🇳 China
29	U Power UCAR	-72.7	£7.30	0.55%	🇨🇳 China
30	EZGO Technologies EZGO	-2.01	£0.44	10.90%	🇨🇳 China
31	VinFast Auto VFS	-3.95	£3.31	0.97%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-8.17	£3.16	3.47%	🇺🇸 USA
33	NWTN Inc. NWTN	-16.2	£0.57	5.09%	🇦🇪 UAE
34	Lotus Technology LOT	-2.97	£2.59	7.78%	🇨🇳 China
35	Xiaomi XIACF	82.5	£3.74	0.88%	🇨🇳 China
36	Zeekr ZK	N/A	£21.47	3.88%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	£0.18	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4560	£0.82	1.23%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-36.9	£0.69	2.91%	🇮🇳 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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