Electrovaya Inc. (ELVA) P/E Ratio History
Historical price-to-earnings valuation from 2016 to 2025
Loading P/E history...
ELVA Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Electrovaya Inc. (ELVA) trades at a price-to-earnings ratio of 119.9x, with a stock price of $9.78 and trailing twelve-month earnings per share of $0.08.
The current P/E is 27% above its 5-year average of 94.2x. Over the past five years, ELVA's P/E has ranged from a low of 20.3x to a high of 250.0x, placing the current valuation at the 71th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.5x, ELVA trades at a 369% premium to its sector peers. The sector includes 413 companies with P/E ratios ranging from 0.0x to 185.3x.
The PEG ratio of 10.23 (P/E divided by 287% EPS growth) suggests the stock may be expensive relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, ELVA commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ELVA DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ELVA P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $70M | 6.0Lowest | -Best | +574%Best | |
| $930M | 147.8 | -Best | +107% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ELVA Historical P/E Data (2016–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | $5.89 | $0.08 | 76.8x | -19% | |
| FY2025 Q3 | Mon Jun 30 2025 00:00:00 GM | $3.41 | $0.03 | 135.3x | +44% |
| FY2021 Q2 | Wed Mar 31 2021 00:00:00 GM | $7.05 | $0.09 | 81.5x | -14% |
| FY2021 Q1 | $5.90 | $0.10 | 57.1x | -39% | |
| FY2020 Q4 | Wed Sep 30 2020 00:00:00 GM | $3.35 | $0.09 | 38.7x | -59% |
| FY2020 Q3 | $1.05 | $0.00 | 250.0x | +165% | |
| FY2016 Q1 | $2.50 | $0.12 | 20.3x | -78% |
Average P/E for displayed period: 94.2x
See ELVA's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs ELVA Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare ELVA vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonELVA — Frequently Asked Questions
Quick answers to the most common questions about buying ELVA stock.
Is ELVA stock overvalued or undervalued?
ELVA trades at 119.9x P/E, above its 5-year average of 94.2x. The 71th percentile ranking indicates a premium to historical valuation.
How does ELVA's valuation compare to peers?
Electrovaya Inc. P/E of 119.9x compares to sector median of 25.5x. The premium reflects expected growth above peers.
What is ELVA's PEG ratio?
ELVA PEG ratio is 10.23. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2016-2025.