Is there cap to Elemental damage? (Yes, and it scales)

Описание: Tested elemental weapons:
Precipice Kovira: 500 base, 950 cap (+90%)
Galahad: 400 base, 760 cap (+90%)
Flame Feroce I:340 base, 690 cap (+102.94%)
Gramklang: 300 base, 650 cap (+116.66%)
G. Galahad: 250 base, 600 cap (+140%)
Balahara Horn III: 230 base, 580 cap (+152.17%)
Valkyrie Ch. I: 190 base, 304 cap (+160%)