Is Delcath Systems, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Delcath Systems, Inc. has moved from fair to expensive, indicating a shift towards overvaluation. The company is considered overvalued based on its high Price to Book Value of 7.11 and an EV to Sales ratio of 9.50, both of which significantly exceed typical industry benchmarks. Additionally, the EV to Capital Employed ratio stands at 23.86, further supporting the notion of overvaluation relative to its peers.
In comparison to its peers, Delcath Systems has a P/E ratio of 68.06, which is considerably higher than iCAD, Inc. at -19.65 and Eargo, Inc. at -0.61, both of which are classified as risky. This stark contrast highlights the potential overvaluation of Delcath Systems in the current market. Although return data is not available, the company's recent price movements suggest volatility, reinforcing the concerns regarding its valuation.