Is Hempacco Co., Inc. overvalued or undervalued?

As of 1 October 2023, Hempacco Co., Inc. has moved from fair to attractive in its valuation. The company is currently assessed as undervalued. Key ratios include a price-to-earnings ratio of 12.5, a price-to-book ratio of 1.8, and a debt-to-equity ratio of 0.4, which indicate a solid financial position relative to its earnings and assets.
When compared to peers, Hempacco's valuation appears favorable against companies like Altria Group, which has a price-to-earnings ratio of 15.2, and Philip Morris International, with a price-to-book ratio of 5.0. This suggests that Hempacco is trading at a discount relative to its more established counterparts. Additionally, recent stock performance has outpaced the Sensex, reinforcing the narrative of its undervaluation.