Is FONAR Corp. overvalued or undervalued?

As of 25 April 2025, FONAR Corp. has moved from a fair to an attractive valuation grade. The company is currently undervalued, with a P/E ratio of 8, significantly lower than the industry average. The Price to Book Value stands at 0.53, indicating that the stock is trading below its book value, and the EV to EBITDA ratio is 2.31, suggesting a favorable valuation compared to earnings before interest, taxes, depreciation, and amortization.
In comparison to peers, FONAR Corp. has a P/E ratio of 8.12, while Longboard Pharmaceuticals, Inc. is at a negative P/E of -27.04, highlighting FONAR's relative strength. Additionally, Bit Digital, Inc. is classified as risky with a P/E ratio of -6.38, further emphasizing FONAR's attractive valuation. Despite recent stock performance trailing the S&P 500, with a year-to-date return of -6.77% compared to the S&P's 2.44%, the underlying metrics suggest that FONAR Corp. presents a compelling investment opportunity at its current price.