Is Airgain, Inc. overvalued or undervalued?

As of 7 May 2020, the valuation grade for Airgain, Inc. has moved from expensive to risky, indicating a significant shift in the company's perceived value. The company is currently considered overvalued based on its financial metrics. Key ratios include a Price to Book Value of 1.64, an EV to EBITDA of -7.11, and a ROCE of -40.73%.
In comparison to its peers, Airgain, Inc. has a worse EV to EBITDA ratio than Satixfy Communications Ltd. at -14.7472 and GSI Technology, Inc. at -4.1922, both of which also fall into the risky category. Given these metrics and the negative performance indicators, Airgain appears to be overvalued in the current market context.