Is it a BTC vs mBTC display units issue?? By default, Electrum displays mBTC units (milli BTC)...
Try: Tools -> Preferences -> Appearance
And set the "Base Unit" to BTC... see if that makes everything "look right"
NOTE: due to a weird little bug, you might need to shut down the preferences dialog after setting changing from mBTC to BTC, before you are able to increase the number of decimal places to 8. I prefer 8 as it shows it all the way to the last satoshi