Is BTCS, Inc. overvalued or undervalued?

As of 20 March 2025, the valuation grade for BTCS, Inc. has moved from attractive to risky, indicating a significant deterioration in its financial outlook. The company is currently assessed as overvalued, particularly given its negative P/E ratio due to losses, a Price to Book Value of 2.66, and an alarming ROCE of -888.54%.
In comparison to its peers, BTCS, Inc. shows a stark contrast with Patriot National Bancorp, Inc., which has a P/E of -1.8083, and First US Bancshares, Inc., which is fairly valued with a P/E of 11.7532. The EV to EBITDA ratio for BTCS is -3.85, which further emphasizes its financial struggles relative to peers. Notably, while the company has experienced a 51.43% return over the past year, this is overshadowed by its recent underperformance, with a 1-month return of -25.87% compared to the S&P 500's 3.83% gain.