Is Globalstar, Inc. overvalued or undervalued?

As of 7 May 2020, Globalstar, Inc. has moved from an expensive to a risky valuation grade. The company appears to be overvalued based on its current financial metrics. Key ratios include a Price to Book Value of 7.32, an EV to EBITDA of 30.31, and a negative ROE of -8.93%.
In comparison to its peers, Telephone & Data Systems, Inc. shows a P/E ratio of 49.58 and an EV to EBITDA of 7.51, while United States Cellular Corp. has a P/E of 51.12 and an EV to EBITDA of 9.10. These figures highlight that Globalstar's valuation is significantly higher relative to its peers, indicating a disconnect in market perception. Additionally, while Globalstar's stock has performed well over the past year with a return of 52.50%, its year-to-date performance of -23.38% suggests underlying challenges that may not be reflected in its current valuation.