As of 2026-05-26, the Relative Valuation of Beluga NV (BELU.BR) is (0.12) EUR. This relative valuation is based on P/E multiples. With the latest stock price at 0.05 EUR, the upside of Beluga NV based on Relative Valuation is -334.5%.
The range of the Relative Valuation is (0.08) - (0.13) EUR.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 10.3x - 26.0x | 19.4x |
| Forward P/E multiples | 11.7x - 19.3x | 15.4x |
| Fair Price | (0.08) - (0.13) | (0.12) |
| Upside | -257.7% - -360.3% | -334.5% |
| Date | P/E |
| 2026-05-05 | -7.42 |
| 2026-02-24 | -20.78 |