Is Camber Energy, Inc. overvalued or undervalued?

As of 14 November 2023, Camber Energy, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently considered overvalued. Key ratios highlight its challenging financial position, including a price-to-book value of -0.16, an EV to EBITDA of -9.38, and a negative return on equity due to negative book value.
In comparison to its peers, Camber Energy's P/E ratio stands at -0.657, while SandRidge Energy, Inc. shows a much healthier P/E of 6.462, indicating a significant disparity in valuation. Additionally, PrimeEnergy Resources Corp. has an attractive EV to EBITDA of 2.4518, further emphasizing Camber's struggles in the current market. Despite a recent surge in stock price, with a year-to-date return of 174.62%, the overall performance remains concerning when viewed against broader market trends.