Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 33.26 as of 2026-10-06T21:06:41.908Z.
Consensus retrieved: 2026-10-06T11:08:30.102Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T21:06:41.908Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4c81694e8409b9db581709164af80912c835aad34d8628ab81d864ebee598519
Forward PE Ratio (33.26) = Dated Quote Price ($6.50) / Consensus Forward EPS ($0.20)
FORWARD PE RATIO
33.26
SECTOR MEDIAN · INDUSTRIALS
22.19
median of 248 covered companies
CURRENT VS SECTOR MEDIAN
+49.89%
vs the sector median at left
Electrovaya Inc.
Market Cap
$321.80M
Forward PE Ratio
33.26
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Electrovaya Inc. (ELVA) | $321.80M | 33.26 |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $328.02M | N/A |
| FTAI Infrastructure Inc. (FIP)vs › | $315.50M | N/A |
| Deep Fission, Inc. (FISN)vs › | $330.02M | N/A |
| NN, Inc. (NNBR)vs › | $333.63M | 32.76 |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $306.71M | N/A |
| StealthGas Inc. (GASS)vs › | $337.65M | 5.37 |
| X-Energy, Inc. Class A Common Stock (XE)vs › | $339.11M | N/A |
| Matrix Service Company (MTRX)vs › | $302.44M | 18.07 |
| American Battery Technology Company Common Stock (ABAT)vs › | $293.29M | N/A |
Trailing P/E
67.6
reported TTM EPS
Forward P/E
33.3
consensus EPS · fiscal year ending 2027-09-30
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $0.20 implies +100.0% EPS growth vs the reported trailing $0.10.
At the dated quote price of $6.50, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-09-30 | $0.20 | $0.02 – $0.33 | 5 | 33.3x |
| 2028-09-30 | $0.42 | $0.33 – $0.55 | 4 | 15.4x |
| 2029-09-30 | $0.67 | $0.60 – $0.77 | 1 | 9.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
