Top electric vehicle companies by P/E ratio

Companies: 38 average P/E ratio (TTM): 700

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	-1.83	$2.08	1.24%	🇺🇸 USA
2	Tesla TSLA	83.8	$374.15	0.33%	🇺🇸 USA
3	NIO NIO	-2.39	$5.64	6.95%	🇨🇳 China
4	XPeng XPEV	-13.9	$26.08	0.75%	🇨🇳 China
5	Arcimoto FUV	-0.0243	$0.50	0.00%	🇺🇸 USA
6	NIU NIU	-19.6	$4.63	0.57%	🇨🇳 China
7	Li Auto LI	93.0	$31.80	3.49%	🇨🇳 China
8	Canoo GOEV	-0.3558	$0.48	0.00%	🇺🇸 USA
9	Lucid Motors LCID	-1.77	$3.31	1.20%	🇺🇸 USA
10	Rivian RIVN	-2.04	$17.26	4.52%	🇺🇸 USA
11	REE Automotive REE	-0.3069	$3.60	4.84%	🇮🇱 Israel
12	Cenntro Electric Group CENN	-5.00	$1.10	0.31%	🇺🇸 USA
13	GreenPower Motor Company GP	-0.7857	$0.58	2.00%	🇨🇦 Canada
14	Lion Electric LEV	-1.09	$0.33	0.00%	🇨🇦 Canada
15	Lightning eMotors ZEVY	0.0000	$0.0001309	0.00%	🇺🇸 USA
16	Mullen Automotive MULN	-0.0043	$0.77	14.49%	🇺🇸 USA
17	Faraday Future FFIE	-0.0187	$1.90	9.85%	🇺🇸 USA

18	Phoenix Motor PEV	-0.3333	$0.30	0.00%	🇺🇸 USA
19	Polestar PSNY	-7.96	$1.40	0.94%	🇸🇪 Sweden
20	Gogoro GGR	N/A	$0.34	1.58%	🇹🇼 Taiwan
21	Kandi Technologies Group KNDI	-23.6	$1.56	0.83%	🇨🇳 China
22	XOS XOS	-7.38	$5.03	1.03%	🇺🇸 USA
23	Leapmotor 9863.HK	-18.1	$9.25	8.08%	🇨🇳 China
24	Workhorse Group WKHS	-1.62	$1.54	1.72%	🇺🇸 USA
25	Olectra Greentech OLECTRA.NS	142	$18.39	0.25%	🇮🇳 India
26	Yadea Group 1585.HK	23.8	$2.35	1.56%	🇨🇳 China
27	U Power UCAR	-20.9	$3.39	9.19%	🇨🇳 China
28	EZGO Technologies EZGO	-1.21	$0.43	4.60%	🇨🇳 China
29	VinFast Auto VFS	-3.23	$4.37	3.09%	🇻🇳 Vietnam
30	LiveWire Group LVWR	-3.98	$2.49	9.52%	🇺🇸 USA
31	NWTN Inc. NWTN	-8.12	$0.46	0.00%	🇦🇪 UAE
32	Lotus Technology LOT	-1.31	$1.85	4.44%	🇨🇳 China
33	Xiaomi XIACF	111	$8.11	0.81%	🇨🇳 China
34	Zeekr ZK	N/A	$28.82	4.86%	🇨🇳 China
35	Taiga Motors TAIG.TO	-0.1491	$0.29	0.00%	🇨🇦 Canada
36	Ebusco Holding EBUS.AS	-0.3001	$0.88	0.00%	🇳🇱 Netherlands
37	Ola Electric Mobility OLAELEC.NS	-24.9	$0.76	0.20%	🇮🇳 India
38	BYD 002594.SZ	49.4	$63.90	1.39%	🇨🇳 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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