As of 2025-09-17, the Relative Valuation of Electrovaya Inc (EFL.TO) is (5.52) 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 -214.5%.
The range of the Relative Valuation is (4.86) - (6.09) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 14.4x - 19.0x | 16.7x |
| Forward P/E multiples | 13.8x - 18.0x | 15.9x |
| Fair Price | (4.86) - (6.09) | (5.52) |
| Upside | -200.9% - -226.4% | -214.5% |
| Date | P/E |