Velan
VLN.TO
$4.13
Share price
-2.42%
Change (1 day)
-55.45%
Change (1 year)
Categories
Velan (VLN.TO) - P/B ratio
P/B ratio as of April 2024 : 0.4894
According to Velan's latest financial reports the company has a price-to-book ratio of 0.4894.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.4697 | 35.65% |
| 2022-12-31 | 0.3462 | -26.1% |
| 2021-12-31 | 0.4685 | 17.98% |
| 2020-12-31 | 0.3971 | -14.7% |
| 2019-12-31 | 0.4656 | 2.02% |
| 2018-12-31 | 0.4564 | -51.52% |
| 2017-12-31 | 0.9413 | 11.73% |
| 2016-12-31 | 0.8425 | 20.84% |
| 2015-12-31 | 0.6972 | -40.04% |
| 2014-12-31 | 1.16 | 48.93% |
| 2013-12-31 | 0.7807 | 3.76% |
| 2012-12-31 | 0.7524 | 0.52% |
| 2011-12-31 | 0.7485 | -15.51% |
| 2010-12-31 | 0.8859 | -8.34% |
| 2009-12-31 | 0.9666 | 16.51% |
| 2008-12-31 | 0.8296 | -34.82% |
| 2007-12-31 | 1.27 | -10.71% |
| 2006-12-31 | 1.43 | 30.29% |
| 2005-12-31 | 1.09 | -13.18% |
| 2004-12-31 | 1.26 | 16.82% |
| 2003-12-31 | 1.08 | -16.28% |
| 2002-12-31 | 1.29 |