Is Hudson Pacific Properties, Inc. overvalued or undervalued?

As of 27 April 2022, Hudson Pacific Properties, Inc. has moved from a very attractive to a risky valuation grade. The company is currently considered overvalued, given its significant negative financial metrics. Key ratios include a Price to Book Value of 0.12, an EV to EBITDA of 0.73, and a Dividend Yield of 204.74%, which, while high, is misleading due to the company's loss-making status.
In comparison to its peers, Hudson Pacific's P/E ratio is -4.85, while Paramount Group, Inc. has a P/E of -23.26, and UMH Properties, Inc. stands out with a P/E of 49.76, indicating a stark contrast in valuation health. The company's recent stock performance has been poor, with a 1-year return of -42.74%, significantly underperforming the S&P 500's 10.26% return during the same period, further reinforcing the notion that it is overvalued in the current market context.