As of 2026-03-19, the Relative Valuation of Velan Inc (VLN.TO) is 79.63 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 16.10 CAD, the upside of Velan Inc based on Relative Valuation is 394.6%.
The range of the Relative Valuation is 62.05 - 116.61 CAD.
| Range | Selected | |
| Trailing P/E multiples | 16.9x - 28.1x | 22.0x |
| Forward P/E multiples | 14.9x - 19.4x | 16.4x |
| Fair Price | 62.05 - 116.61 | 79.63 |
| Upside | 285.4% - 624.3% | 394.6% |
| Date | P/E |
| 2026-03-17 | 5.32 |
| 2026-03-16 | 5.32 |
| 2026-03-13 | 5.29 |
| 2026-03-12 | 5.29 |
| 2026-03-10 | 5.29 |
| 2026-03-09 | 5.25 |
| 2026-03-06 | 5.20 |
| 2026-03-05 | 5.24 |
| 2026-03-04 | 5.25 |
| 2026-03-03 | 5.29 |
| 2026-02-27 | 5.29 |
| 2026-02-26 | 5.25 |
| 2026-02-25 | 5.29 |
| 2026-02-24 | 5.28 |
| 2026-02-23 | 5.29 |
| 2026-02-20 | 5.30 |
| 2026-02-19 | 5.28 |
| 2026-02-18 | 5.28 |
| 2026-02-17 | 5.18 |
| 2026-02-13 | 5.10 |
| 2026-02-12 | 4.97 |
| 2026-02-11 | 5.02 |
| 2026-02-10 | 4.99 |
| 2026-02-09 | 4.99 |
| 2026-02-06 | 4.96 |
| 2026-02-05 | 4.93 |
| 2026-02-04 | 4.96 |
| 2026-02-03 | 4.87 |
| 2026-02-02 | 4.82 |
| 2026-01-30 | 4.98 |
| 2026-01-29 | 4.79 |
| 2026-01-28 | 4.69 |
| 2026-01-27 | 4.90 |
| 2026-01-26 | 4.99 |
| 2026-01-23 | 5.07 |
| 2026-01-22 | 4.96 |
| 2026-01-21 | 5.10 |
| 2026-01-20 | 4.87 |
| 2026-01-19 | 4.80 |
| 2026-01-16 | 4.88 |
| 2026-01-15 | 4.92 |
| 2026-01-14 | 6.21 |
| 2026-01-13 | 6.35 |
| 2026-01-12 | 6.18 |
| 2026-01-09 | 6.31 |
| 2026-01-08 | 6.28 |
| 2026-01-07 | 6.29 |
| 2026-01-06 | 6.28 |
| 2026-01-05 | 6.17 |
| 2026-01-02 | 6.26 |