Velan
VLN.TO
#8040
Rank
NZ$0.32 B
Marketcap
$14.88
Share price
0.33%
Change (1 day)
116.27%
Change (1 year)

Velan (VLN.TO) - P/B ratio

P/B ratio as of November 2024 : 1.03

According to Velan's latest financial reports the company has a price-to-book ratio of 0.496737.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Velan - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-310.469735.65%
2022-12-310.3462-26.1%
2021-12-310.468517.98%
2020-12-310.3971-14.7%
2019-12-310.46562.02%
2018-12-310.4564-51.52%
2017-12-310.941311.73%
2016-12-310.842520.84%
2015-12-310.6972-40.04%
2014-12-311.1648.93%
2013-12-310.78073.76%
2012-12-310.75240.52%
2011-12-310.7485-15.51%
2010-12-310.8859-8.34%
2009-12-310.966616.51%
2008-12-310.8296-34.82%
2007-12-311.27-10.71%
2006-12-311.4330.29%
2005-12-311.09-13.18%
2004-12-311.2616.82%
2003-12-311.08-3.78%
2002-12-311.12