Electrovaya ELVA
NASDAQ ELVA
$6.78 -0.37 (-5.17%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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