Is Cibus, Inc. overvalued or undervalued?

As of 21 March 2024, the valuation grade for Cibus, Inc. has moved from does not qualify to risky, indicating a significant deterioration in its financial standing. The company appears to be overvalued given its current metrics, particularly with a Price to Book Value of 0.81 and an EV to EBITDA ratio of -3.40, which suggests that the market may not be accurately reflecting its financial health. Additionally, the Return on Capital Employed (ROCE) stands at a troubling -30.49%, further underscoring the company's challenges.
In comparison to its peers, Cibus, Inc. has a negative P/E ratio of -0.7651, while MediaAlpha, Inc. has a P/E of 14.7844, and OneSpan, Inc. shows a more favorable P/E of 9.8867, highlighting the relative weakness of Cibus in the industry. The company's stock has underperformed significantly against the S&P 500, with a year-to-date return of -51.44% compared to the index's 12.22%, and a staggering decline of -99.58% over the past five years. This performance reinforces the notion that Cibus, Inc. is currently overvalued in the market.