As of 2024-12-15, the Relative Valuation of Velan Inc (VLN.TO) is (18.42) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 10.97 CAD, the upside of Velan Inc based on Relative Valuation is -267.9%.
The range of the Relative Valuation is (19.43) - (18.66) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 28.6x - 32.8x | 30.6x |
| Forward P/E multiples | 20.9x - 27.4x | 23.6x |
| Fair Price | (19.43) - (18.66) | (18.42) |
| Upside | -277.1% - -270.1% | -267.9% |
| Date | P/E |
| 2024-12-13 | -16.13 |
| 2024-12-12 | -15.44 |
| 2024-12-11 | -15.39 |
| 2024-12-10 | -15.51 |
| 2024-12-09 | -15.44 |
| 2024-12-06 | -15.32 |
| 2024-12-05 | -15.53 |
| 2024-12-04 | -15.22 |
| 2024-12-03 | -15.44 |
| 2024-12-02 | -15.80 |
| 2024-11-29 | -16.17 |
| 2024-11-28 | -16.32 |
| 2024-11-27 | -16.54 |
| 2024-11-26 | -16.44 |
| 2024-11-25 | -16.80 |
| 2024-11-22 | -17.07 |
| 2024-11-21 | -16.13 |
| 2024-11-20 | -17.07 |
| 2024-11-19 | -16.79 |
| 2024-11-18 | -17.94 |
| 2024-11-15 | -17.86 |
| 2024-11-14 | -18.02 |
| 2024-11-13 | -17.97 |
| 2024-11-12 | -17.64 |
| 2024-11-11 | -17.51 |
| 2024-11-08 | -17.20 |
| 2024-11-07 | -17.17 |
| 2024-11-06 | -17.28 |
| 2024-11-05 | -16.91 |
| 2024-11-04 | -16.91 |
| 2024-11-01 | -16.98 |
| 2024-10-31 | -16.97 |
| 2024-10-30 | -17.16 |
| 2024-10-29 | -16.76 |
| 2024-10-28 | -16.19 |
| 2024-10-25 | -16.25 |
| 2024-10-24 | -16.14 |
| 2024-10-23 | -16.17 |
| 2024-10-22 | -16.11 |
| 2024-10-21 | -16.54 |
| 2024-10-18 | -16.00 |
| 2024-10-17 | -16.10 |
| 2024-10-16 | -16.17 |
| 2024-10-15 | -15.44 |
| 2024-10-11 | -14.28 |
| 2024-10-10 | -12.72 |
| 2024-10-09 | -12.16 |
| 2024-10-08 | -11.78 |
| 2024-10-07 | -11.76 |
| 2024-10-04 | -12.29 |