As of 2024-12-13, the Relative Valuation of Electrovaya Inc (EFL.TO) is (4.31) 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 -189.4%.
The range of the Relative Valuation is (3.57) - (4.27) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 10.3x - 12.7x | 12.6x |
| Forward P/E multiples | 10.1x - 12.3x | 12.3x |
| Fair Price | (3.57) - (4.27) | (4.31) |
| Upside | -174.1% - -188.6% | -189.4% |
| Date | P/E |