Electrovaya (STU:4EV0) Cyclically Adjusted PS Ratio: 10.01 (As of Aug. 15, 2026) — 74% Above Median

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STU:4EV0 Electrovaya Inc STU:4EV0
72 GF Score
Price €6.81
GF Value €3.35
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Electrovaya Cyclically Adjusted PS Ratio?

Electrovaya STU:4EV0 +4.61% 72 Cyclically Adjusted PS Ratio is 10.01 as of Aug. 15, 2026, which is 74% above its 10-year median of 5.74. GuruFocus rates STU:4EV0 with a GF Score™ of 72/100 and a GF Value™ of €3.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,290 Industrial Products companies, Electrovaya ranks worse than 92.45% on this metric.

As of today (2026-08-15), Electrovaya's current share price is €6.81. Electrovaya's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €0.68. Electrovaya's Cyclically Adjusted PS Ratio for today is 10.01.

The historical rank and industry rank for Electrovaya's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:4EV0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 5.74   Max: 28.15
Current: 9.97

During the past years, Electrovaya's highest Cyclically Adjusted PS Ratio was 28.15. The lowest was 1.10. And the median was 5.74.

STU:4EV0's Cyclically Adjusted PS Ratio is ranked worse than
92.45% of 2290 companies
in the Industrial Products industry
Industry Median: 1.81 vs STU:4EV0: 9.97

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Electrovaya's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.293. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €0.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electrovaya  (STU:4EV0) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Electrovaya Cyclically Adjusted PS Ratio Related Terms


Electrovaya Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Electrovaya's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Electrovaya Cyclically Adjusted PS Ratio Chart

Electrovaya Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.21 6.71 4.12 3.06 7.44

Electrovaya Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.08 7.44 10.24 10.09 13.45

STU:4EV0 vs VRT, BE: Cyclically Adjusted PS Ratio Comparison

For the Electrical Equipment & Parts subindustry, Electrovaya's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Electrovaya Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Electrovaya's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Electrovaya's Cyclically Adjusted PS Ratio falls into.


STU:4EV0
72GF Score
Electrovaya Inc STU:4EV0
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrovaya Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Electrovaya's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.81/0.68
=10.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Electrovaya's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Electrovaya's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.293/133.5265*133.5265
=0.293

Current CPI (Jun. 2026) = 133.5265.

Electrovaya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.225 101.765 0.295
201612 0.040 101.449 0.053
201703 0.017 102.634 0.022
201706 0.052 103.029 0.067
201709 0.009 103.345 0.012
201712 0.034 103.345 0.044
201803 0.137 105.004 0.174
201806 0.017 105.557 0.022
201809 0.050 105.636 0.063
201812 0.084 105.399 0.106
201903 0.052 106.979 0.065
201906 0.048 107.690 0.060
201909 0.002 107.611 0.002
201912 0.035 107.769 0.043
202003 0.079 107.927 0.098
202006 0.137 108.401 0.169
202009 0.199 108.164 0.246
202012 0.080 108.559 0.098
202103 0.083 110.298 0.100
202106 0.056 111.720 0.067
202109 0.074 112.905 0.088
202112 0.038 113.774 0.045
202203 0.133 117.646 0.151
202206 0.139 120.806 0.154
202209 0.198 120.648 0.219
202212 0.270 120.964 0.298
202303 0.235 122.702 0.256
202306 0.292 124.203 0.314
202309 0.421 125.230 0.449
202312 0.326 125.072 0.348
202403 0.289 126.258 0.306
202406 0.280 127.522 0.293
202409 0.303 127.285 0.318
202412 0.305 127.364 0.320
202503 0.332 129.181 0.343
202506 0.354 129.892 0.364
202509 0.385 130.287 0.395
202512 0.290 130.366 0.297
202603 0.302 132.262 0.305
202606 0.293 133.527 0.293

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 10.01 mean?
Electrovaya (STU:4EV0) has a Cyclically Adjusted PS Ratio of 10.01 as of Aug. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Electrovaya and its competitors. This is 74% above median its historical median of 5.74. Over the past decade, Electrovaya's Cyclically Adjusted PS Ratio has ranged from 1.10 to 28.15. According to the industry distribution chart, Electrovaya ranks #2117 out of 2290 companies in the Industrial Products industry, placing it in the top 92.4%.
Is Electrovaya's Cyclically Adjusted PS Ratio too high?
Electrovaya's current Cyclically Adjusted PS Ratio of 10.01 is 74% above median its 10-year median of 5.74. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 28.15. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Electrovaya's value of 10.01 is 453% above this industry median. Based on the distribution chart, Electrovaya ranks #2117 out of 2290 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Electrovaya has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrovaya's Cyclically Adjusted PS Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Electrovaya ranks #2117 out of 2290 companies for Cyclically Adjusted PS Ratio. This places Electrovaya in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Electrovaya's value of 10.01 is 453% above this benchmark. Historically, Electrovaya's own Cyclically Adjusted PS Ratio has ranged from 1.10 to 28.15 over the past decade. While the company's 10-year median is 5.74 vs. the industry median of 1.81, Electrovaya has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,290 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electrovaya's current Cyclically Adjusted PS Ratio of 10.01 is 453% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Electrovaya and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrovaya's current Cyclically Adjusted PS Ratio is 10.01, which is 74% above median its own 10-year median of 5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrovaya stock overvalued right now?
Based on GuruFocus' analysis, Electrovaya (STU:4EV0) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.35, compared to a current price of €6.81 — trading 103.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.01, which is 74% above median its 10-year median of 5.74 and 453% above the Industrial Products industry median of 1.81. Electrovaya's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Electrovaya (STU:4EV0), the current Cyclically Adjusted PS Ratio is 10.01 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Electrovaya (STU:4EV0) Overvalued in 2026?

Based on GuruFocus' analysis, Electrovaya stock appears to be overvalued. The current stock price of €6.81 is trading 103.3% above its estimated GF Value™ of €3.35. GuruFocus considers Electrovaya to be Significantly Overvalued.

Key valuation signals for STU:4EV0:

  • Cyclically Adjusted PS Ratio: 10.01 (74% above median its 10-year median of 5.74)
  • GF Value™: €3.35 vs. price of €6.81 (103.3% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 453% above the Industrial Products median (#2117 of 2290)

No single metric tells the full story. See the STU:4EV0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electrovaya Business Description

Address 6688 Kitimat Road, Mississauga, ON, CAN, L5N 1P8
Electrovaya Inc is a technology-focused lithium-ion battery company engaged in designing, developing and manufacturing battery cells, modules and systems based on its proprietary Infinity Battery Technology, which provides high safety performance, long cycle life and durability. The Company supplies low-voltage and high-voltage battery systems for industrial and transportation markets, including material-handling equipment, robotic vehicles, electric buses and trucks, and energy-storage installations, and its products are suitable for mission-critical applications. it maintains an expanding intellectual-property portfolio, develops next-generation solid-state and hybrid solid-state battery technologies, and sells its products through OEM relationships, dealer networks and direct sales.
72GF Score

Get the complete analysis for STU:4EV0

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.81
Price
€3.35
GF Value