Is GSI Technology, Inc. overvalued or undervalued?

As of 30 January 2020, GSI Technology, Inc. has moved from an expensive to a risky valuation grade. The company is currently considered overvalued based on its financial metrics. Key ratios include a Price to Book Value of 3.05, an EV to EBIT of -4.32, and an EV to EBITDA of -4.46, indicating significant losses and a challenging financial position.
In comparison to its peers, GSI Technology's valuation metrics are less favorable; for instance, Aeva Technologies, Inc. has a PE of -9.9038 and an EV to EBITDA of -10.2543, while Ouster, Inc. shows a PE of -10.7293 and an EV to EBITDA of -9.7217. These comparisons highlight that GSI Technology is not only struggling with profitability but also faces a higher valuation relative to its peers in a similar risky category.