Top electric vehicle companies by P/E ratio

Companies: 40 average P/E ratio (TTM): > 1000

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	-1.82	£1.26	5.16%	🇺🇸 USA
2	Tesla TSLA	71.0	£192.57	3.44%	🇺🇸 USA
3	NIO NIO	-2.77	£3.78	3.28%	🇨🇳 China
4	XPeng XPEV	-16.5	£18.32	6.59%	🇨🇳 China
5	Nikola NKLA	-0.1158	£0.14	0.00%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	£0.29	0.00%	🇺🇸 USA
7	NIU NIU	-14.8	£2.09	5.28%	🇨🇳 China
8	Li Auto LI	109	£21.58	2.86%	🇨🇳 China
9	Canoo GOEV	-0.3558	£0.29	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.45	£1.62	3.45%	🇺🇸 USA
11	Rivian RIVN	-1.66	£8.30	1.13%	🇺🇸 USA
12	REE Automotive REE	-0.6717	£4.58	0.17%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-5.74	£0.75	0.12%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	£0.49	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.01	£0.45	10.26%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	£0.19	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	£0.00007735	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0058	£0.61	5.01%	🇺🇸 USA
19	Faraday Future FFIE	-0.0187	£1.12	9.85%	🇺🇸 USA
20	Phoenix Motor PEV	-0.9125	£0.52	9.67%	🇺🇸 USA
21	Polestar PSNY	-8.45	£0.87	0.01%	🇸🇪 Sweden
22	Gogoro GGR	N/A	£0.29	1.82%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-27.0	£1.12	3.77%	🇨🇳 China
24	XOS XOS	-7.52	£2.86	4.43%	🇺🇸 USA
25	Leapmotor 9863.HK	-15.8	£4.78	4.09%	🇨🇳 China
26	Workhorse Group WKHS	-0.2762	£0.16	1.16%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	120	£9.25	0.90%	🇮🇳 India
28	Yadea Group 1585.HK	25.2	£1.46	7.77%	🇨🇳 China
29	U Power UCAR	-20.8	£2.10	2.39%	🇨🇳 China
30	EZGO Technologies EZGO	-1.50	£0.33	1.11%	🇨🇳 China
31	VinFast Auto VFS	-3.06	£2.51	5.55%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-4.42	£1.70	4.27%	🇺🇸 USA
33	NWTN Inc. NWTN	-8.00	£0.31	2.97%	🇦🇪 UAE
34	Lotus Technology LOT	-1.52	£1.27	0.66%	🇨🇳 China
35	Xiaomi XIACF	124	£5.39	1.01%	🇨🇳 China
36	Zeekr ZK	N/A	£24.04	4.47%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	£0.17	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.2636	£0.44	2.43%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-24.8	£0.45	1.08%	🇮🇳 India
40	BYD 002594.SZ	52.6	£40.18	6.05%	🇨🇳 China

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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