Is Eightco Holdings, Inc. overvalued or undervalued?

As of 15 May 2025, the valuation grade for Eightco Holdings, Inc. has moved from fair to risky, indicating a deterioration in its financial outlook. The company appears to be overvalued given its significant negative valuation metrics, including a Price to Book Value of 0.42, an EV to EBIT of -5.22, and an EV to EBITDA of -8.28. In comparison to peers, Eightco Holdings has a P/E ratio of -13.83, which is less favorable than Verb Technology Co., Inc. at -51.90 and Marpai, Inc. at -1.66, both of which also reflect a risky valuation.
Despite impressive short-term returns, with a 1-month return of 714.94% compared to the S&P 500's 2.33%, the long-term performance is concerning, as evidenced by a 3-year return of -93.22% against the S&P 500's 70.41%. This stark contrast highlights the potential risks associated with investing in Eightco Holdings at its current valuation.