As of 2026-09-15, the Relative Valuation of Velan Inc (VLN.TO) is (6.91) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 18.13 CAD, the upside of Velan Inc based on Relative Valuation is -138.1%.
The range of the Relative Valuation is (15.79) - 4.06 CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 18.9x - 25.8x | 21.1x |
| Forward P/E multiples | 20.4x - 24.4x | 22.7x |
| Fair Price | (15.79) - 4.06 | (6.91) |
| Upside | -187.1% - -77.6% | -138.1% |
| Date | P/E |
| 2026-09-11 | -30.24 |
| 2026-09-10 | -30.02 |
| 2026-09-09 | -29.99 |
| 2026-09-08 | -30.44 |
| 2026-09-04 | -30.44 |
| 2026-09-03 | -30.44 |
| 2026-09-02 | -30.39 |
| 2026-09-01 | -30.44 |
| 2026-08-31 | -30.86 |
| 2026-08-28 | -30.86 |
| 2026-08-27 | -31.02 |
| 2026-08-26 | -31.02 |
| 2026-08-25 | -31.02 |
| 2026-08-24 | -30.56 |
| 2026-08-21 | -30.77 |
| 2026-08-20 | -30.71 |
| 2026-08-19 | -30.86 |
| 2026-08-18 | -31.02 |
| 2026-08-17 | -31.47 |
| 2026-08-14 | -31.87 |
| 2026-08-13 | -32.19 |
| 2026-08-12 | -31.69 |
| 2026-08-11 | -31.61 |
| 2026-08-10 | -30.49 |
| 2026-08-07 | -30.81 |
| 2026-08-06 | -30.86 |
| 2026-08-05 | -30.36 |
| 2026-08-04 | -30.36 |
| 2026-07-31 | -30.36 |
| 2026-07-30 | -30.27 |
| 2026-07-29 | -29.82 |
| 2026-07-28 | -29.82 |
| 2026-07-27 | -29.99 |
| 2026-07-24 | -29.02 |
| 2026-07-23 | -29.17 |
| 2026-07-22 | -29.04 |
| 2026-07-21 | -29.04 |
| 2026-07-20 | -28.77 |
| 2026-07-17 | -28.52 |
| 2026-07-16 | -27.95 |
| 2026-07-15 | -28.07 |
| 2026-07-14 | -28.50 |
| 2026-07-13 | -27.52 |
| 2026-07-10 | -28.17 |
| 2026-07-09 | -27.02 |
| 2026-07-08 | -27.02 |
| 2026-07-07 | -27.00 |
| 2026-07-06 | -27.02 |
| 2026-07-03 | -27.19 |
| 2026-07-02 | -27.19 |