Is Generation Income Properties, Inc. overvalued or undervalued?

As of 17 March 2022, the valuation grade for Generation Income Properties, Inc. changed from does not qualify to risky, indicating a significant downgrade in its investment appeal. The company appears to be overvalued given its current metrics, particularly with a Price to Book Value of 2.59, an EV to EBITDA of 2.04, and a troubling ROE of -299.41%.
In comparison to its peers, Strawberry Fields REIT, Inc. has a much more favorable P/E ratio of 24.91 and an EV to EBITDA of 0.1484, while Global Self Storage, Inc. boasts a P/E of 23.91 and an EV to EBITDA of 10.7082, highlighting the stark contrast in valuation. Additionally, Generation Income Properties has underperformed significantly against the S&P 500, with a YTD return of -35.16% compared to the index's 12.22%, reinforcing the notion that the stock is currently overvalued.