As of 2026-03-25, the Relative Valuation of Electrovaya Inc (EFL.TO) is (5.18) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 4.82 CAD, the upside of Electrovaya Inc based on Relative Valuation is -207.4%.
The range of the Relative Valuation is (4.63) - (5.45) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 13.7x - 16.2x | 15.0x |
| Forward P/E multiples | 13.8x - 18.0x | 15.9x |
| Fair Price | (4.63) - (5.45) | (5.18) |
| Upside | -196.1% - -213.1% | -207.4% |
| Date | P/E |