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	-2.24	₹164.45	5.47%	🇺🇸 USA
2	Tesla TSLA	99.3	₹29,238	4.68%	🇺🇸 USA
3	NIO NIO	-2.48	₹384.30	1.60%	🇨🇳 China
4	XPeng XPEV	-12.9	₹1,593	3.95%	🇨🇳 China
5	Nikola NKLA	-0.2797	₹32.89	13.66%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	₹32.89	0.00%	🇺🇸 USA
7	NIU NIU	-13.1	₹202.53	4.00%	🇨🇳 China
8	Li Auto LI	106	₹2,377	4.13%	🇨🇳 China
9	Canoo GOEV	-0.3558	₹32.02	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-2.17	₹264.85	7.55%	🇺🇸 USA
11	Rivian RIVN	-2.01	₹1,123	4.70%	🇺🇸 USA
12	REE Automotive REE	-0.8637	₹671.65	1.15%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-5.06	₹73.02	3.79%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	₹55.39	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.26	₹61.21	2.90%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	₹21.64	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	₹0.008655	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0338	₹347.08	21.98%	🇺🇸 USA
19	Faraday Future FFIE	-0.0205	₹138.48	3.61%	🇺🇸 USA
20	Phoenix Motor PEV	-0.4539	₹28.28	6.74%	🇺🇸 USA
21	Polestar PSNY	-8.37	₹95.21	5.98%	🇸🇪 Sweden
22	Gogoro GGR	N/A	₹38.92	2.05%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-32.5	₹136.75	9.72%	🇨🇳 China
24	XOS XOS	-11.1	₹519.32	4.00%	🇺🇸 USA
25	Leapmotor 9863.HK	-11.3	₹382.12	2.54%	🇨🇳 China
26	Workhorse Group WKHS	-0.6644	₹42.13	6.22%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	139	₹1,192	1.54%	🇮🇳 India
28	Yadea Group 1585.HK	21.4	₹138.81	1.42%	🇨🇳 China
29	U Power UCAR	-21.8	₹244.08	2.42%	🇨🇳 China
30	EZGO Technologies EZGO	-1.77	₹42.24	2.31%	🇨🇳 China
31	VinFast Auto VFS	-3.68	₹328.04	1.04%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-4.94	₹201.67	0.87%	🇺🇸 USA
33	NWTN Inc. NWTN	-15.9	₹54.97	9.13%	🇦🇪 UAE
34	Lotus Technology LOT	-2.48	₹222.44	0.77%	🇨🇳 China
35	Xiaomi XIACF	120	₹584.23	3.05%	🇨🇳 China
36	Zeekr ZK	N/A	₹2,118	0.12%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	₹19.46	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.2806	₹53.87	5.03%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-30.0	₹60.90	1.31%	🇮🇳 India
40	BYD 002594.SZ	53.4	₹4,572	5.57%	🇨🇳 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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