Velan Inc Stock Price To Book
| VLN Stock | CAD 11.61 0.64 5.83% |
Velan Inc fundamentals help investors to digest information that contributes to Velan's financial success or failures. It also enables traders to predict the movement of Velan Stock. The fundamental analysis module provides a way to measure Velan's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Velan stock.
As of the 25th of November 2024, Price To Book Ratio is likely to grow to 1.07. Velan | Price To Book |
Velan Inc Company Price To Book Analysis
Velan's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Velan Price To Book | 0.99 X |
Most of Velan's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Velan Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Velan Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Velan is extremely important. It helps to project a fair market value of Velan Stock properly, considering its historical fundamentals such as Price To Book. Since Velan's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Velan's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Velan's interrelated accounts and indicators.
Click cells to compare fundamentals
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Velan Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Velan Inc has a Price To Book of 0.9879 times. This is 83.26% lower than that of the Machinery sector and 86.01% lower than that of the Industrials industry. The price to book for all Canada stocks is 89.61% higher than that of the company.
Velan Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Velan's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Velan could also be used in its relative valuation, which is a method of valuing Velan by comparing valuation metrics of similar companies.Velan is currently under evaluation in price to book category among its peers.
Velan Fundamentals
| Return On Equity | -0.0557 | ||||
| Return On Asset | 0.023 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 235.34 M | ||||
| Shares Outstanding | 6.02 M | ||||
| Shares Owned By Insiders | 23.82 % | ||||
| Shares Owned By Institutions | 12.62 % | ||||
| Number Of Shares Shorted | 235 | ||||
| Price To Book | 0.99 X | ||||
| Price To Sales | 0.67 X | ||||
| Revenue | 346.82 M | ||||
| Gross Profit | 133.83 M | ||||
| EBITDA | 19.89 M | ||||
| Net Income | (19.8 M) | ||||
| Cash And Equivalents | 50.51 M | ||||
| Cash Per Share | 3.56 X | ||||
| Total Debt | 41.42 M | ||||
| Debt To Equity | 23.30 % | ||||
| Current Ratio | 2.05 X | ||||
| Book Value Per Share | 8.41 X | ||||
| Cash Flow From Operations | 4.3 M | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.67) X | ||||
| Target Price | 14.0 | ||||
| Number Of Employees | 1.62 K | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 250.61 M | ||||
| Total Asset | 479.39 M | ||||
| Retained Earnings | 141.91 M | ||||
| Working Capital | 226.62 M | ||||
| Five Year Return | 2.17 % | ||||
| Net Asset | 479.39 M | ||||
| Last Dividend Paid | 0.02 |
About Velan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Velan Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Velan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Velan Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Other Information on Investing in Velan Stock
Velan financial ratios help investors to determine whether Velan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Velan with respect to the benefits of owning Velan security.