Saturday 17 October 2026 Export ELVA’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 3.40%, EPS fell 69.5%, free cash flow fell 266.0% and total debt rose 97.4%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

5.07 0.29 −5.41%

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Market cap: $268.0M
P/E: 47.8×
Fwd P/E: 76.7×
Dividend yield: —
F-score: 6/9
Altman Z: 3.34
Beneish M: 22.58
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Electrovaya Inc. (ELVA) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Electrovaya Inc. (ELVA) trades at a P/E ratio of 47.8×. Over the past ten years it has ranged from 0.0× (June 2025) to 280× (September 2025); the current reading is higher than 60% of that period. That is above the Electrical Equipment & Parts industry median of 31.2× and above the Industrials sector median of 24.7×.

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<iframe src="https://stockrow.com/embed/ELVA/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Electrovaya Inc. P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ELVA/metrics/pe-ratio">Electrovaya Inc. (ELVA) P/E ratio — stockrow.com</a></p>

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×	—

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×	(48.95%)
19 more quarters	Free account

Against its own ten years

Low 0.0× High 280×

Ten-year median 0.0×

Current reading's percentile 60

Company	P/E ratio
NEOV NeoVolta, Inc. compare	n/m
SKYX SKYX Platforms Corp. compare	n/m
LTBR Lightbridge Corporation compare	n/m
HYLN Hyliion Holdings Corp. compare	n/m
EAF GrafTech International Ltd. compare	n/m
ENVX Enovix Corporation compare	n/m
ESP Espey Mfg. & Electronics Corp. compare	13.8×
ELVA Electrovaya Inc.	47.8×
FAC Factorial Energy Inc. compare	50.5×
Electrical Equipment & Parts industry median	31.2×
Industrials sector median	24.7×
Market median	18.1×

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 →

Electrovaya Inc. (ELVA) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on ELVA

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on ELVA

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