Is eMagin Corp. overvalued or undervalued?

As of 5 October 2023, eMagin Corp. has moved from fair to attractive. The company is currently undervalued. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Sales (P/S) ratio of 3.5, and a Price-to-Book (P/B) ratio of 1.8. When compared to peers, OLED Technologies has a P/E of 20.1, while MicroVision shows a P/S of 4.0, indicating that eMagin is trading at a discount relative to its industry counterparts.
Additionally, eMagin's recent stock performance has outpaced the Sensex, reinforcing the notion that the market may not fully recognize its growth potential. Overall, the valuation metrics suggest that eMagin Corp. presents a compelling investment opportunity at its current price point.