Electrovaya (FRA:4EV0) Cyclically Adjusted Revenue per Share: €0.67 (As of Mar. 2026)

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FRA:4EV0 Electrovaya Inc FRA:4EV0
66 GF Score
Price €8.81
GF Value €3.57
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Electrovaya Cyclically Adjusted Revenue per Share?

Electrovaya FRA:4EV0 +11.24% 66 Cyclically Adjusted Revenue per Share is €0.67 as of Mar. 2026. GuruFocus rates FRA:4EV0 with a GF Score™ of 66/100 and a GF Value™ of €3.57 (Significantly Overvalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2026 was €0.302. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €0.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Electrovaya's average Cyclically Adjusted Revenue Growth Rate was -6.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Electrovaya was 14.30% per year. The lowest was 0.00% per year. And the median was 7.30% per year.

As of today (2026-07-22), Electrovaya's current stock price is €8.81. Electrovaya's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.67. Electrovaya's Cyclically Adjusted PS Ratio of today is 13.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Electrovaya was 28.15. The lowest was 1.10. And the median was 5.74.


Electrovaya  (FRA:4EV0) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=8.81/0.67
=13.15

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Electrovaya was 28.15. The lowest was 1.10. And the median was 5.74.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Electrovaya Cyclically Adjusted Revenue per Share Related Terms


Electrovaya Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Electrovaya's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Electrovaya Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.50 0.67 0.68 0.69

Electrovaya Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 0.75 0.68 0.69 0.63 0.67

FRA:4EV0 vs VRT, BE: Cyclically Adjusted Revenue per Share 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.


FRA:4EV0
66GF Score
Electrovaya Inc FRA:4EV0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrovaya Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.302/132.2623*132.2623
=0.302

Current CPI (Mar. 2026) = 132.2623.

Electrovaya Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.133 102.002 0.172
201609 0.225 101.765 0.292
201612 0.040 101.449 0.052
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 0.173
201806 0.017 105.557 0.021
201809 0.050 105.636 0.063
201812 0.084 105.399 0.105
201903 0.052 106.979 0.064
201906 0.048 107.690 0.059
201909 0.002 107.611 0.002
201912 0.035 107.769 0.043
202003 0.079 107.927 0.097
202006 0.137 108.401 0.167
202009 0.199 108.164 0.243
202012 0.080 108.559 0.097
202103 0.083 110.298 0.100
202106 0.056 111.720 0.066
202109 0.074 112.905 0.087
202112 0.038 113.774 0.044
202203 0.133 117.646 0.150
202206 0.139 120.806 0.152
202209 0.198 120.648 0.217
202212 0.270 120.964 0.295
202303 0.235 122.702 0.253
202306 0.292 124.203 0.311
202309 0.421 125.230 0.445
202312 0.326 125.072 0.345
202403 0.289 126.258 0.303
202406 0.280 127.522 0.290
202409 0.303 127.285 0.315
202412 0.305 127.364 0.317
202503 0.332 129.181 0.340
202506 0.370 129.892 0.377
202509 0.326 130.287 0.331
202512 0.290 130.366 0.294
202603 0.302 132.262 0.302

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

What does a Cyclically Adjusted Revenue per Share of €0.67 mean?
Electrovaya (FRA:4EV0) has a Cyclically Adjusted Revenue per Share of €0.67 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Electrovaya and its competitors.
Is Electrovaya's Cyclically Adjusted Revenue per Share too high?
Electrovaya's current Cyclically Adjusted Revenue per Share is €0.67. Overall, Electrovaya has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electrovaya's Cyclically Adjusted Revenue per Share compare to VRT and BE?
Electrovaya's Cyclically Adjusted Revenue per Share of €0.67 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Electrovaya and its competitors. Electrovaya's current Cyclically Adjusted Revenue per Share is €0.67. 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 (FRA:4EV0) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.57, compared to a current price of €8.81 — trading 146.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €0.67. Electrovaya's overall GF Score™ is 66/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Electrovaya (FRA:4EV0), the current Cyclically Adjusted Revenue per Share is €0.67 as of Mar. 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 (FRA:4EV0) Overvalued in 2026?

Based on GuruFocus' analysis, Electrovaya stock appears to be overvalued. The current stock price of €8.81 is trading 146.8% above its estimated GF Value™ of €3.57. GuruFocus considers Electrovaya to be Significantly Overvalued.

Key valuation signals for FRA:4EV0:

  • Cyclically Adjusted Revenue per Share: €0.67
  • GF Value™: €3.57 vs. price of €8.81 (146.8% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


Electrovaya Business Description

Other Exchanges ELVA:USAELVA:Canada
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.
66GF Score

Get the complete analysis for FRA:4EV0

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

€8.81
Price
€3.57
GF Value