Velan Inc.
VLN.TO

$175.57 M
Marketcap
$8.13
Share price
Country
$0.27
Change (1 day)
$8.19
Year High
$3.64
Year Low

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada.

marketcap

P/E ratio for Velan Inc. (VLN.TO)

P/E ratio as of 2023: -4.15

According to Velan Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.15. At the end of 2022 the company had a P/E ratio of -3.63.

P/E ratio history for Velan Inc. from 1996 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 -4.15
2022 -3.63
2021 -16.04
2020 59.80
2019 -6.80
2018 -28.03
2017 -15.68
2016 37.14
2015 75.57
2014 17.93
2013 10.93
2012 41.71
2011 34.90
2010 58.31
2009 9.79
2007 23.36
2006 23.37
2005 48.89
2004 525.52
2003 -109.03
2002 36.14
2001 20.83
2000 12.36
1999 10.77
1998 16.14
1997 19.19
1996 26.16