As of 2026-09-22, the Relative Valuation of Electrovaya Inc (EFL.TO) is (5.30) 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 -209.9%.
The range of the Relative Valuation is (4.69) - (5.68) 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 | (4.69) - (5.68) | (5.30) |
| Upside | -197.3% - -217.9% | -209.9% |
| Date | P/E |