As of 2025-10-26, the Relative Valuation of Electrovaya Inc (EFL.TO) is (4.32) 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 -189.6%.
The range of the Relative Valuation is (3.51) - (4.73) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 10.2x - 14.5x | 12.8x |
| Forward P/E multiples | 9.9x - 13.8x | 12.4x |
| Fair Price | (3.51) - (4.73) | (4.32) |
| Upside | -172.8% - -198.2% | -189.6% |
| Date | P/E |