Electrovaya (ELVA) vs Kimball Electronics (KE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Kimball Electronics (KE) has outperformed Electrovaya (ELVA) over the past year, gaining 3.3% versus a loss of 4.1%. Over five years, ELVA leads with a +16.9% price change compared with +1.1% for KE. Kimball Electronics is the larger company by market cap ($697.4 million vs $315.4 million), about 2.2 times the size.
On valuation, Kimball Electronics trades at a lower forward P/E (15.9x vs 23.2x for Electrovaya).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ELVA | KE |
|---|---|---|
| Share price | $6.37 | $29.07 |
| Market cap | $315.36M | $697.45M |
| 1-day change | -2.00% | +0.92% |
| YTD return | -19.37% | +4.49% |
| 1-year return | -4.07% | +3.34% |
| 5-year return | +16.88% | +1.11% |
| P/E ratio (TTM) | 63.70 | 25.73 |
| Forward P/E | 23.25 | 15.91 |
| EPS (TTM) | $0.10 | $1.13 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $12.78 | $32.00 |
| 52-week low | $4.10 | $21.01 |
| Distance from 52-week high | -50.16% | -9.16% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +129.20% | +17.82% |
| Average volume | 1.03M | 198.81K |
| Shares outstanding | 49.51M | 23.99M |
| Employees | — | 5,600 |
| Sector | Industrials | Industrials |
| Industry | Electrical Equipment & Parts | Electrical Equipment & Parts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Kimball Electronics is about 2.2 times larger than Electrovaya by market value ($697.45M vs $315.36M).
- Electrovaya trades at a higher earnings multiple (63.7x vs 25.7x trailing P/E).
About Electrovaya
ELVA stock →Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.
Industrials · Electrical Equipment & Parts
About Kimball Electronics
KE stock →Kimball Electronics, Inc. provides electronics, assemblies, and contract manufacturing organization solutions.
Industrials · Electrical Equipment & Parts · 5,600 employees
ELVA vs KE FAQ
Which is bigger, Electrovaya or Kimball Electronics?
Kimball Electronics (KE) is larger, with a market capitalization of $697.45M compared with $315.36M for Electrovaya (ELVA).
Which stock has performed better over the past year, ELVA or KE?
KE returned +3.34% over the past 12 months, compared with -4.07% for ELVA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ELVA or KE?
KE has the lower trailing P/E at 25.7, versus 63.7 for ELVA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Electrovaya and Kimball Electronics in the same industry?
Yes. Both are classified in the Electrical Equipment & Parts industry within the Industrials sector.