Is GSI Technology, Inc. overvalued or undervalued?

As of 30 January 2020, GSI Technology, Inc. moved from fair to risky, indicating a deterioration in its valuation outlook. The company appears to be overvalued given its high Price to Book Value of 3.05 and negative EV to EBIT and EV to EBITDA ratios of -4.32 and -4.46, respectively. Additionally, the latest ROCE and ROE figures are concerning at -113.49% and -38.24%, highlighting significant operational inefficiencies. In comparison to its peers, GSI Technology's EV to EBITDA ratio of -4.7369 is less favorable than Intevac, Inc.'s -1.4985, which suggests that GSI is underperforming relative to this competitor. Other peers like Kopin Corp. and QuickLogic Corp. also show more negative valuations, but GSI's metrics still reflect a risky investment profile. While specific return data is not available, the lack of positive returns relative to the S&P 500 reinforces the notion that GSI Technology is currently overvalued.