Is Crown ElectroKinetics Corp. overvalued or undervalued?

As of 14 August 2024, Crown ElectroKinetics Corp. has moved from a grade of "does not qualify" to "risky." The company is currently considered overvalued. Key ratios include a Price to Book Value of 0.06, an EV to EBIT of 0.62, and an EV to EBITDA of 0.67, all indicating significant financial distress and inefficiency in generating returns.
In comparison to its peers, Crown ElectroKinetics Corp. shows a P/E ratio of -0.1708, while OpGen, Inc. has a P/E of -2.4932, and Treasure Global, Inc. stands at -1.4723, highlighting the challenges faced by the company within its industry. Additionally, the company's return metrics are concerning, with a year-to-date decline of 85.7% compared to a modest 2.44% gain in the S&P 500, reinforcing the notion that the stock is overvalued amidst its current financial struggles.