Is Baijiayun Group Ltd. overvalued or undervalued?

As of 29 September 2022, Baijiayun Group Ltd. moved from a fair to a risky valuation grade. The company is currently considered overvalued given its significant decline in stock performance, with a year-to-date return of -97.35% compared to the S&P 500's 2.44%. Key ratios include a P/E ratio of 0, a price-to-book value of 0.03, and an EV to EBITDA ratio of 0.22, all indicating severe financial distress.
In comparison to its peers, Baijiayun's valuation metrics are starkly unfavorable. For instance, Innovid Corp. has a P/E ratio of -34.42 and an EV to EBITDA of 169.90, while ReposiTrak, Inc. shows a fair valuation with a P/E of 54.06 and an EV to EBITDA of 46.60. These comparisons highlight Baijiayun's precarious position in the market, reinforcing the conclusion that the company is overvalued.