Electrovaya (ELVA) Price to Book (2023 - 2026)
Electrovaya's (ELVA) quarterly Price to Book came in at 6.58 in Q2 2026, up 26.17% year-over-year from 5.21 in Q2 2025, and up 25.38% quarter-over-quarter from 5.24 in Q1 2026.
Analysis
Electrovaya (ELVA) Price to Book (2023 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Price to Book for 4 consecutive years, with 6.58 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book rose 26.17% year-over-year to 6.58 in Q2 2026; TTM through Jun 2026 was 6.58, a 26.17% increase from a year earlier, with the FY2025 full-year figure at 7.97, down 14.0% from the prior year.
- Price to Book was 6.58 for Q2 2026 at Electrovaya, up from 5.24 in the prior quarter.
- Over five years, Price to Book peaked at 15.97 in Q1 2024 and troughed at 3.73 in Q1 2025.
- A 4-year average of 8.43 and a median of 7.27 in 2025 frame the typical range for Price to Book.
- Across the five-year window, Price to Book plunged 76.62% in 2025 and jumped 40.54% in 2026, its largest moves.
- Over 4 years, Price to Book stood at 13.4 in 2023, then sank by 30.85% to 9.27 in 2024, then slumped by 40.48% to 5.51 in 2025, then climbed by 19.24% to 6.58 in 2026.
- The last three Price to Book figures came in at 6.58 (Q2 2026), 5.24 (Q1 2026), and 5.51 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.53 Bn | 6.00 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.23 Bn | 3.23 Bn | - |
| 3 | Eos Energy Enterprises | 1.43 Bn | 1.08 Bn | -48.80 Mn |
| 4 | Fluence Energy | 1.40 Bn | 839.06 Mn | 33.24 Mn |
| 5 | Energy Vault Holdings | 764.95 Mn | 657.60 Mn | 5.38 Mn |
| 6 | Enovix | 695.93 Mn | 695.93 Mn | 1.30 Mn |
| 7 | Amprius Technologies | 466.27 Mn | 391.76 Mn | 9.28 Mn |
| 8 | Electrovaya | 265.14 Mn | 252.06 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 218.97 Mn | 75.84 Mn | 25.78 Mn |
| 10 | Ses Ai | 173.54 Mn | 173.54 Mn | 1.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.58 |
| Mar 31, 2026 | 5.24 |
| Dec 31, 2025 | 5.51 |
| Sep 30, 2025 | 7.97 |
| Jun 30, 2025 | 5.21 |
| Mar 31, 2025 | 3.73 |
| Sep 30, 2024 | 9.27 |
| Jun 30, 2024 | 11.46 |
| Mar 31, 2024 | 15.97 |
| Sep 30, 2023 | 13.40 |