Is Eightco Holdings, Inc. overvalued or undervalued?

As of 15 May 2025, the valuation grade for Eightco Holdings, Inc. has moved from attractive to risky, indicating a significant deterioration in its financial outlook. The company is currently assessed as overvalued given its troubling financial ratios, including a Price to Book Value of 0.42, an EV to EBITDA of -8.28, and a ROE of -120.83%. These metrics reflect severe operational challenges and losses, which are not typical for a company that would be considered a viable investment.
In comparison to its peers, Eightco Holdings, Inc. stands out negatively; for instance, SharpLink Gaming Ltd. has a P/E ratio of -150.1541, while Verb Technology Co., Inc. shows a P/E of -1.0340, both indicating similarly risky valuations. The overall peer group reflects a concerning trend, as most companies are also classified as risky. Additionally, Eightco's stock has significantly underperformed against the S&P 500, with a year-to-date return of -51.14% compared to the index's 2.44%, further reinforcing the notion that the company is currently overvalued.