As of 2025-12-25, the Relative Valuation of Electrovaya Inc (EFL.TO) is (5.05) 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 -204.8%.
The range of the Relative Valuation is (4.66) - (4.99) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 13.3x - 14.8x | 14.0x |
| Forward P/E multiples | 13.8x - 18.0x | 15.9x |
| Fair Price | (4.66) - (4.99) | (5.05) |
| Upside | -196.6% - -203.6% | -204.8% |
| Date | P/E |