As of 2025-05-23, the Relative Valuation of Velan Inc (VLN.TO) is (59.27) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 17.40 CAD, the upside of Velan Inc based on Relative Valuation is -440.6%.
The range of the Relative Valuation is (59.33) - (62.08) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 13.8x - 17.2x | 14.1x |
| Forward P/E multiples | 12.7x - 14.5x | 13.6x |
| Fair Price | (59.33) - (62.08) | (59.27) |
| Upside | -441.0% - -456.8% | -440.6% |
| Date | P/E |
| 2025-05-21 | -4.06 |
| 2025-05-20 | -4.14 |
| 2025-05-16 | -3.99 |
| 2025-05-15 | -4.08 |
| 2025-05-14 | -3.93 |
| 2025-05-13 | -3.89 |
| 2025-05-12 | -3.94 |
| 2025-05-09 | -3.93 |
| 2025-05-08 | -3.70 |
| 2025-05-07 | -3.76 |
| 2025-05-06 | -3.80 |
| 2025-05-05 | -3.74 |
| 2025-05-02 | -3.81 |
| 2025-05-01 | -3.81 |
| 2025-04-30 | -3.97 |
| 2025-04-29 | -3.92 |
| 2025-04-28 | -3.92 |
| 2025-04-25 | -3.94 |
| 2025-04-24 | -3.95 |
| 2025-04-23 | -3.80 |
| 2025-04-22 | -3.76 |
| 2025-04-21 | -3.68 |
| 2025-04-17 | -3.62 |
| 2025-04-16 | -3.59 |
| 2025-04-15 | -3.64 |
| 2025-04-14 | -3.72 |
| 2025-04-11 | -3.56 |
| 2025-04-10 | -3.50 |
| 2025-04-09 | -3.67 |
| 2025-04-08 | -3.45 |
| 2025-04-07 | -3.44 |
| 2025-04-04 | -3.50 |
| 2025-04-03 | -3.50 |
| 2025-04-02 | -3.56 |
| 2025-04-01 | -3.67 |
| 2025-03-31 | -3.79 |
| 2025-03-28 | -3.80 |
| 2025-03-27 | -3.73 |
| 2025-03-26 | -3.74 |
| 2025-03-25 | -3.90 |
| 2025-03-24 | -3.86 |
| 2025-03-21 | -3.77 |
| 2025-03-20 | -3.79 |
| 2025-03-19 | -3.79 |
| 2025-03-18 | -3.48 |
| 2025-03-17 | -3.45 |
| 2025-03-14 | -3.32 |
| 2025-03-13 | -3.37 |
| 2025-03-12 | -3.25 |
| 2025-03-11 | -3.18 |