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
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Electrovaya Inc. (ELVA) 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 | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| NEOV NeoVolta, Inc. compare | n/m |
| LTBR Lightbridge Corporation compare | n/m |
| ENVX Enovix Corporation compare | n/m |
| HYLN Hyliion Holdings Corp. compare | n/m |
| ULBI Ultralife Corporation compare | n/m |
| 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)