As of 2024-07-27, the Relative Valuation of Velan Inc (VLN.TO) is (31.01) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 6.35 CAD, the upside of Velan Inc based on Relative Valuation is -588.4%.
The range of the Relative Valuation is (31.11) - (27.26) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 25.2x - 30.4x | 29.8x |
| Forward P/E multiples | 18.5x - 22.1x | 20.4x |
| Fair Price | (31.11) - (27.26) | (31.01) |
| Upside | -589.9% - -529.2% | -588.4% |
| Date | P/E |
| 2024-07-26 | -5.14 |
| 2024-07-25 | -5.14 |
| 2024-07-24 | -5.10 |
| 2024-07-23 | -5.13 |
| 2024-07-22 | -4.86 |
| 2024-07-19 | -4.78 |
| 2024-07-18 | -4.86 |
| 2024-07-17 | -5.06 |
| 2024-07-16 | -5.06 |
| 2024-07-15 | -5.02 |
| 2024-07-12 | -4.99 |
| 2024-07-11 | -4.90 |
| 2024-07-10 | -4.92 |
| 2024-07-09 | -5.05 |
| 2024-07-08 | -5.02 |
| 2024-07-05 | -4.74 |
| 2024-07-04 | -4.93 |
| 2024-07-03 | -4.89 |
| 2024-07-02 | -4.85 |
| 2024-06-28 | -4.85 |
| 2024-06-27 | -4.80 |
| 2024-06-26 | -4.80 |
| 2024-06-25 | -4.76 |
| 2024-06-24 | -4.76 |
| 2024-06-20 | -4.78 |
| 2024-06-18 | -4.71 |
| 2024-06-17 | -4.78 |
| 2024-06-14 | -4.74 |
| 2024-06-13 | -4.75 |
| 2024-06-12 | -4.74 |
| 2024-06-11 | -4.80 |
| 2024-06-10 | -4.78 |
| 2024-06-07 | -4.66 |
| 2024-06-06 | -4.74 |
| 2024-06-05 | -4.58 |
| 2024-06-04 | -4.64 |
| 2024-06-03 | -4.65 |
| 2024-05-31 | -4.47 |
| 2024-05-30 | -4.45 |
| 2024-05-29 | -4.50 |
| 2024-05-28 | -4.54 |
| 2024-05-27 | -4.63 |
| 2024-05-24 | -4.67 |
| 2024-05-23 | -4.76 |
| 2024-05-22 | -4.63 |
| 2024-05-21 | -4.77 |
| 2024-05-17 | -4.75 |
| 2024-05-16 | -4.88 |
| 2024-05-15 | -4.86 |
| 2024-05-14 | -4.88 |