Is HeartCore Enterprises, Inc. overvalued or undervalued?

As of 31 March 2025, HeartCore Enterprises, Inc. has moved from a very attractive to a risky valuation grade. The company is currently considered overvalued. Key ratios include a P/E ratio of 5, a Price to Book Value of 6.58, and an EV to EBITDA of 1.58. In comparison, NetSol Technologies, Inc. has a much higher P/E ratio of 26.34, indicating a stark difference in market perception, while Cheche Group, Inc. is also categorized as risky with a P/E of -7.26.
Despite a recent stock performance that outpaced the S&P 500 over the past week, the year-to-date return of -70.3% highlights significant underperformance relative to broader market trends. Given these factors, HeartCore Enterprises, Inc. appears to be overvalued in the current market environment.