As of 2026-03-15, the Relative Valuation of Electrovaya Inc (EFL.TO) is (5.17) 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 -207.2%.
The range of the Relative Valuation is (4.58) - (5.55) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 13.8x - 16.7x | 15.2x |
| Forward P/E multiples | 13.8x - 18.0x | 15.9x |
| Fair Price | (4.58) - (5.55) | (5.17) |
| Upside | -195.0% - -215.1% | -207.2% |
| Date | P/E |