As of 2025-03-19, the Relative Valuation of Novamind Inc (NM.CN) is (0.45) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 0.30 CAD, the upside of Novamind Inc based on Relative Valuation is -254.1%.
The range of the Relative Valuation is (0.38) - (0.59) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 1.8x - 3.1x | 2.3x |
| Forward P/E multiples | 2.0x - 3.2x | 2.5x |
| Fair Price | (0.38) - (0.59) | (0.45) |
| Upside | -228.4% - -299.1% | -254.1% |
| Date | P/E |