As of 2024-12-14, the Relative Valuation of Velan Inc (VLN.TO) is (18.09) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 10.50 CAD, the upside of Velan Inc based on Relative Valuation is -272.3%.
The range of the Relative Valuation is (19.07) - (18.35) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 28.6x - 32.9x | 30.6x |
| Forward P/E multiples | 20.9x - 27.5x | 23.6x |
| Fair Price | (19.07) - (18.35) | (18.09) |
| Upside | -281.6% - -274.7% | -272.3% |
| Date | P/E |
| 2024-12-12 | -22.27 |
| 2024-12-11 | -22.20 |
| 2024-12-10 | -22.37 |
| 2024-12-09 | -22.27 |
| 2024-12-06 | -22.10 |
| 2024-12-05 | -22.39 |
| 2024-12-04 | -21.95 |
| 2024-12-03 | -22.27 |
| 2024-12-02 | -22.80 |
| 2024-11-29 | -23.33 |
| 2024-11-28 | -23.54 |
| 2024-11-27 | -23.86 |
| 2024-11-26 | -23.71 |
| 2024-11-25 | -24.24 |
| 2024-11-22 | -24.62 |
| 2024-11-21 | -23.26 |
| 2024-11-20 | -24.62 |
| 2024-11-19 | -24.22 |
| 2024-11-18 | -25.87 |
| 2024-11-15 | -25.76 |
| 2024-11-14 | -26.00 |
| 2024-11-13 | -25.91 |
| 2024-11-12 | -25.45 |
| 2024-11-11 | -25.26 |
| 2024-11-08 | -24.81 |
| 2024-11-07 | -24.77 |
| 2024-11-06 | -24.92 |
| 2024-11-05 | -24.39 |
| 2024-11-04 | -24.39 |
| 2024-11-01 | -24.49 |
| 2024-10-31 | -24.47 |
| 2024-10-30 | -24.75 |
| 2024-10-29 | -24.17 |
| 2024-10-28 | -23.35 |
| 2024-10-25 | -23.43 |
| 2024-10-24 | -23.28 |
| 2024-10-23 | -23.33 |
| 2024-10-22 | -23.24 |
| 2024-10-21 | -23.86 |
| 2024-10-18 | -23.07 |
| 2024-10-17 | -23.22 |
| 2024-10-16 | -23.33 |
| 2024-10-15 | -22.27 |
| 2024-10-11 | -20.59 |
| 2024-10-10 | -18.34 |
| 2024-10-09 | -17.54 |
| 2024-10-08 | -16.99 |
| 2024-10-07 | -16.96 |
| 2024-10-04 | -17.73 |
| 2024-10-03 | -18.00 |