Is BranchOut Food, Inc. overvalued or undervalued?

As of 14 November 2023, BranchOut Food, Inc. has moved from a valuation grade of "does not qualify" to "risky." The company is currently considered overvalued based on its financial metrics. Key ratios include a Price to Book Value of 4.61, an EV to EBIT of -6.13, and an EV to EBITDA of -6.70, which indicate significant losses and poor financial health.
In comparison to peers, BranchOut Food's P/E ratio is -3.57, while Whole Earth Brands, Inc. has a P/E of -12.37 and BRC, Inc. has a P/E of -31.58, highlighting that BranchOut Food is not alone in its struggles, but it remains at the higher end of the loss spectrum. Despite a strong recent performance with a 54.55% return over the past year, the company's underlying financial ratios suggest that it is overvalued in the current market environment.