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	123	$744.73	3.46%	🇺🇸 USA
2	Hyliion HYLN	-3.14	$4.83	7.91%	🇺🇸 USA
3	NIO NIO	-2.52	$8.03	3.18%	🇨🇳 China
4	XPeng XPEV	-8.82	$22.36	0.55%	🇨🇳 China
5	Nikola NKLA	-0.7468	$2.09	0.85%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.67	0.00%	🇺🇸 USA
7	NIU NIU	-9.76	$3.11	1.73%	🇨🇳 China
8	Li Auto LI	90.1	$41.67	0.90%	🇨🇳 China
9	Canoo GOEV	-0.0823	$0.15	9.23%	🇺🇸 USA
10	Lucid Motors LCID	-2.11	$5.34	14.83%	🇺🇸 USA
11	Rivian RIVN	-2.14	$24.46	5.90%	🇺🇸 USA
12	REE Automotive REE	-1.03	$16.25	0.99%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-6.31	$1.87	0.95%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.0845	$0.09569	1.50%	🇺🇸 USA
15	GreenPower Motor Company GP	-1.34	$1.33	0.15%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.44	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.0001769	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0087	$2.10	0.00%	🇺🇸 USA
19	Faraday Future FFIE	-0.0149	$2.05	5.45%	🇺🇸 USA
20	Phoenix Motor PEV	-0.4120	$0.50	3.27%	🇺🇸 USA
21	Polestar PSNY	-7.41	$1.76	6.29%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.92	4.02%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-17.8	$1.59	4.76%	🇨🇳 China
24	XOS XOS	-6.00	$5.52	2.63%	🇺🇸 USA
25	Leapmotor 9863.HK	-10.6	$7.30	3.39%	🇨🇳 China
26	Workhorse Group WKHS	-1.10	$1.42	6.20%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	175	$30.68	2.13%	🇮🇳 India
28	Yadea Group 1585.HK	23.0	$3.05	1.33%	🇨🇳 China
29	U Power UCAR	-51.5	$11.28	2.00%	🇨🇳 China
30	EZGO Technologies EZGO	-2.52	$1.20	0.12%	🇨🇳 China
31	VinFast Auto VFS	-4.08	$7.46	2.68%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-10.8	$9.13	1.34%	🇺🇸 USA
33	NWTN Inc. NWTN	-24.9	$1.91	0.93%	🇦🇪 UAE
34	Lotus Technology LOT	-3.39	$6.46	6.10%	🇨🇳 China
35	Xiaomi XIACF	72.7	$7.18	2.78%	🇨🇳 China
36	Zeekr ZK	N/A	$48.73	0.88%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.40	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.5402	$2.12	1.76%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-47.1	$1.95	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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