Is Bogota Financial Corp. overvalued or undervalued?

As of 30 April 2024, the valuation grade for Bogota Financial Corp. has moved from expensive to risky, indicating a deterioration in its perceived value. The company is currently overvalued, as evidenced by its Price to Book Value of 0.70 and an EV to Capital Employed ratio of 0.83, both of which suggest that the market may not be accurately reflecting the company's underlying assets. Additionally, the negative EV to EBIT of -19.10 and EV to EBITDA of -20.07 further highlight the company's financial struggles.
In comparison to its peers, Bogota Financial Corp. exhibits significantly poorer valuation metrics, with a P/E ratio that is not applicable due to losses, while Ponce Financial Group, Inc. and Provident Bancorp, Inc. have fair valuations with P/E ratios of 21.78 and 21.59, respectively. The company's recent stock performance shows a YTD return of 23.27%, outperforming the S&P 500's 12.22% return, yet this does not mitigate the overall overvaluation indicated by its financial ratios.