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	-1.68	$1.95	3.62%	🇺🇸 USA
2	Tesla TSLA	77.2	$349.77	5.97%	🇺🇸 USA
3	NIO NIO	-2.35	$5.62	3.10%	🇨🇳 China
4	XPeng XPEV	-15.8	$29.98	3.86%	🇨🇳 China
5	Nikola NKLA	-0.1158	$0.24	0.00%	🇺🇸 USA
6	Arcimoto FUV	-0.0243	$0.51	0.00%	🇺🇸 USA
7	NIU NIU	-14.1	$3.38	2.22%	🇨🇳 China
8	Li Auto LI	106	$36.78	3.75%	🇨🇳 China
9	Canoo GOEV	-0.3558	$0.49	0.00%	🇺🇸 USA
10	Lucid Motors LCID	-1.46	$2.77	4.36%	🇺🇸 USA
11	Rivian RIVN	-1.70	$14.67	3.63%	🇺🇸 USA
12	REE Automotive REE	-0.7141	$8.35	2.66%	🇮🇱 Israel
13	Cenntro Electric Group CENN	-5.54	$1.24	2.46%	🇺🇸 USA
14	Hyzon Motors HYZN	-0.9998	$0.85	24.98%	🇺🇸 USA
15	GreenPower Motor Company GP	-0.8768	$0.66	7.39%	🇨🇦 Canada
16	Lion Electric LEV	-1.09	$0.33	0.00%	🇨🇦 Canada
17	Lightning eMotors ZEVY	0.0000	$0.0001333	0.00%	🇺🇸 USA

18	Mullen Automotive MULN	-0.0127	$2.32	5.98%	🇺🇸 USA
19	Faraday Future FFIE	-0.0169	$1.75	5.07%	🇺🇸 USA
20	Phoenix Motor PEV	-0.4967	$0.45	3.19%	🇺🇸 USA
21	Polestar PSNY	-8.33	$1.49	3.04%	🇸🇪 Sweden
22	Gogoro GGR	N/A	$0.56	1.63%	🇹🇼 Taiwan
23	Kandi Technologies Group KNDI	-33.1	$2.23	8.44%	🇨🇳 China
24	XOS XOS	-7.94	$5.50	0.72%	🇺🇸 USA
25	Leapmotor 9863.HK	-13.7	$7.15	8.88%	🇨🇳 China
26	Workhorse Group WKHS	-0.4741	$0.46	4.05%	🇺🇸 USA
27	Olectra Greentech OLECTRA.NS	129	$17.07	2.35%	🇮🇳 India
28	Yadea Group 1585.HK	23.5	$2.35	0.15%	🇨🇳 China
29	U Power UCAR	-20.5	$3.39	4.06%	🇨🇳 China
30	EZGO Technologies EZGO	-1.61	$0.58	1.21%	🇨🇳 China
31	VinFast Auto VFS	-3.23	$4.45	2.98%	🇻🇳 Vietnam
32	LiveWire Group LVWR	-4.04	$2.57	2.53%	🇺🇸 USA
33	NWTN Inc. NWTN	-12.2	$0.71	3.18%	🇦🇪 UAE
34	Lotus Technology LOT	-1.62	$2.33	3.59%	🇨🇳 China
35	Xiaomi XIACF	124	$9.22	3.35%	🇨🇳 China
36	Zeekr ZK	N/A	$40.47	6.11%	🇨🇳 China
37	Taiga Motors TAIG.TO	-0.1491	$0.30	0.00%	🇨🇦 Canada
38	Ebusco Holding EBUS.AS	-0.2742	$0.81	5.17%	🇳🇱 Netherlands
39	Ola Electric Mobility OLAELEC.NS	-27.6	$0.86	1.00%	🇮🇳 India
40	BYD 002594.SZ	50.1	$66.01	1.40%	🇨🇳 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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