As of 2024-10-06, the Relative Valuation of Electrovaya Inc (EFL.TO) is (4.16) 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 -186.4%.
The range of the Relative Valuation is (3.34) - (4.80) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 10.1x - 14.5x | 12.8x |
| Forward P/E multiples | 9.9x - 15.2x | 12.4x |
| Fair Price | (3.34) - (4.80) | (4.16) |
| Upside | -169.4% - -199.6% | -186.4% |
| Date | P/E |