No, the PCV valve is on the side you have the can installed on, it's what the hose coming from the crank case is connected to, the vent side is just an open vent. Yes the OEM PCV hose goes uphill but over a much shorter run of hose, you now have several feet of hose for the oil vapor to coat and potentially cause pooling in the line. It may not cause any issues as you have it but best practice is to get the can below the level of the valve to cause as much of the oil to naturally flow towards the can as possible.The OEM route was from down to up. Also isn't the pcv valve on the intake side? This is the "out" can.
Also, I looked at the picture again, did you replace or wrap the brake booster line too?