Is Banzai International, Inc. overvalued or undervalued?

As of 10 February 2023, the valuation grade for Banzai International, Inc. moved from expensive to risky. The company appears to be overvalued given its current financial metrics. The P/E ratio is notably low at -0.4694, while the EV to EBITDA ratio stands at -1.4753, indicating significant valuation concerns compared to its peers.
In comparison to industry benchmarks, Banzai International's valuation ratios are troubling, especially when juxtaposed with competitors such as the average industry P/E and EV/EBITDA ratios, which are typically positive. Additionally, the company's recent stock performance has been poor, with a year-to-date return of -83.86% compared to a 12.22% return for the S&P 500, further reinforcing the notion that the stock is overvalued.