Top electric vehicle companies by P/E ratio

Companies: 39 average P/E ratio (TTM): -177

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	99.6	₹28,697	0.70%	🇺🇸 USA
2	Hyliion HYLN	-4.26	₹313.47	27.49%	🇺🇸 USA
3	NIO NIO	-2.61	₹397.11	1.08%	🇨🇳 China
4	XPeng XPEV	-8.58	₹1,038	2.77%	🇨🇳 China
5	Nikola NKLA	-1.28	₹171.52	6.28%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	₹32.11	0.00%	🇺🇸 USA
7	NIU NIU	-9.99	₹152.09	0.56%	🇨🇳 China
8	Li Auto LI	86.5	₹1,910	0.79%	🇨🇳 China
9	Canoo GOEV	-0.4341	₹38.15	5.92%	🇺🇸 USA
10	Lucid Motors LCID	-1.44	₹174.05	1.48%	🇺🇸 USA
11	Rivian RIVN	-1.55	₹846.61	0.30%	🇺🇸 USA
12	REE Automotive REE	-0.8001	₹605.81	8.80%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-7.33	₹103.93	0.81%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	₹4.57	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.46	₹69.13	4.23%	🇨🇦 Canada
16	Lion Electric LEV	-1.04	₹20.17	26.97%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	₹0.02535	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0234	₹270.38	18.52%	🇺🇸 USA
19	Faraday Future FFIE	-0.0017	₹10.85	1.26%	🇺🇸 USA
20	Phoenix Motor PEV	-0.4690	₹27.34	4.91%	🇺🇸 USA
21	Polestar PSNY	-8.19	₹92.94	5.77%	🇸🇪 Sweden
22	Gogoro GGR	N/A	₹40.89	4.31%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-22.8	₹97.17	4.55%	🇨🇳 China
24	XOS XOS	-7.81	₹343.04	5.18%	🇺🇸 USA
25	Leapmotor 9863.HK	-9.47	₹312.68	3.68%	🇨🇳 China
26	Workhorse Group WKHS	-1.32	₹81.21	8.46%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	168	₹1,390	2.57%	🇮🇳 India
28	Yadea Group 1585.HK	20.6	₹130.28	5.66%	🇨🇳 China
29	U Power UCAR	-53.5	₹559.76	5.49%	🇨🇳 China
30	EZGO Technologies EZGO	-3.52	₹80.26	6.73%	🇨🇳 China
31	VinFast Auto VFS	-3.82	₹333.75	0.75%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-13.5	₹544.13	2.55%	🇺🇸 USA
33	NWTN Inc. NWTN	-27.7	₹101.39	1.69%	🇦🇪 UAE
34	Lotus Technology LOT	-4.00	₹364.16	3.15%	🇨🇳 China
35	Xiaomi XIACF	64.7	₹305.52	1.86%	🇨🇳 China
36	Zeekr ZK	N/A	₹1,867	2.73%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	₹19.00	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.4245	₹82.29	5.68%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-34.7	₹69.14	2.87%	🇮🇳 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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