Electrovaya Inc.

ELVA Industrials Electrical Equipment & Parts

Electrovaya Inc.’s revenue for fiscal 2025 (year ended September 2025) was $63.8 million, up 43.1% from fiscal 2024.

Revenue
+3.40%
EPS
−69.5%
Free cash flow
−266.0%
Total debt
+97.4%

Quarter to June 2026, against a year earlier

4.85 0.22 +4.75%
Market cap
$231.5M
P/E
44.0×
Fwd P/E
95.4×
Dividend yield
—
F-score
6/9
Altman Z
3.34
Beneish M
22.58
Dividend safety
n/a

Electrovaya Inc. (ELVA) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Electrovaya Inc. (ELVA) trades at a P/E ratio of 44.0×. Over the past ten years it has ranged from 0.0× (June 2025) to 280× (September 2025); the current reading is higher than 59% of that period. That is above the Electrical Equipment & Parts industry median of 24.1× and above the Industrials sector median of 23.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 65.4× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 99.0× 51.86%
Mar 2026 65.2× (1.01%)
Dec 2025 65.8× 0.59%
Sep 2025 65.4× (49.10%)
19 more quarters

Against its own ten years

Low 0.0× High 280×
Ten-year median 0.0×
Current reading's percentile 59

P/E ratio against peers

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EAF GrafTech International Ltd. compare n/m
ESP Espey Mfg. & Electronics Corp. compare 11.5×
FAC Factorial Energy Inc. compare 41.2×
ELVA Electrovaya Inc. 44.0×
Electrical Equipment & Parts industry median 24.1×
Industrials sector median 23.3×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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