Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -230

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	129	₹35,759	3.46%	🇺🇸 USA
2	Hyliion HYLN	-3.10	₹231.85	7.91%	🇺🇸 USA
3	NIO NIO	-2.53	₹385.57	3.18%	🇨🇳 China
4	XPeng XPEV	-8.91	₹1,073	0.55%	🇨🇳 China
5	Nikola NKLA	-0.7690	₹100.21	0.85%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	₹32.27	0.00%	🇺🇸 USA
7	NIU NIU	-9.71	₹149.47	1.73%	🇨🇳 China
8	Li Auto LI	90.4	₹2,001	0.90%	🇨🇳 China
9	Canoo GOEV	-0.0900	₹7.27	9.23%	🇺🇸 USA
10	Lucid Motors LCID	-2.14	₹256.48	14.83%	🇺🇸 USA
11	Rivian RIVN	-2.15	₹1,175	5.90%	🇺🇸 USA
12	REE Automotive REE	-1.01	₹780.48	0.99%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.31	₹90.02	0.95%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	₹4.59	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.33	₹63.70	0.15%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	₹21.23	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	₹0.008493	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0087	₹101.06	0.00%	🇺🇸 USA
19	Faraday Future FFIE	-0.0146	₹98.52	5.45%	🇺🇸 USA
20	Phoenix Motor PEV	-0.4099	₹24.14	3.27%	🇺🇸 USA
21	Polestar PSNY	-7.55	₹84.58	6.29%	🇸🇪 Sweden
22	Gogoro GGR	N/A	₹44.37	4.02%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-17.8	₹76.43	4.76%	🇨🇳 China
24	XOS XOS	-6.01	₹264.97	2.63%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.6	₹350.30	3.39%	🇨🇳 China
26	Workhorse Group WKHS	-1.10	₹68.23	6.20%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	175	₹1,473	2.13%	🇮🇳 India
28	Yadea Group 1585.HK	23.0	₹146.46	1.33%	🇨🇳 China
29	U Power UCAR	-52.4	₹541.83	2.00%	🇨🇳 China
30	EZGO Technologies EZGO	-2.48	₹57.68	0.12%	🇨🇳 China
31	VinFast Auto VFS	-4.12	₹358.39	2.68%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-10.7	₹438.22	1.34%	🇺🇸 USA
33	NWTN Inc. NWTN	-24.4	₹91.72	0.93%	🇦🇪 UAE
34	Lotus Technology LOT	-3.47	₹309.98	6.10%	🇨🇳 China
35	Xiaomi XIACF	72.7	₹344.80	2.78%	🇨🇳 China
36	Zeekr ZK	N/A	₹2,340	0.88%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	₹19.10	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.5382	₹101.96	1.76%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-47.0	₹93.67	1.52%	🇮🇳 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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