Is Beyond Air, Inc. overvalued or undervalued?

As of 24 June 2024, Beyond Air, Inc. has moved from a valuation grade of "does not qualify" to "risky." The company is currently considered overvalued. Key ratios include a Price to Book Value of 0.93, an EV to EBIT of -0.29, and an EV to EBITDA of -0.31, all indicating significant financial distress.
In comparison to its peers, Beyond Air, Inc. has a less favorable valuation profile, with its EV to EBITDA ratio of -0.6603 compared to Perspective Therapeutics, Inc. at -0.7262 and Electromed, Inc. at a more attractive 15.3996. The company's recent stock performance has been poor, with a year-to-date return of -47.11%, significantly underperforming the S&P 500's 2.44% during the same period, reinforcing the concerns regarding its valuation.