Is Industrial Logistics Properties Trust overvalued or undervalued?

As of 26 July 2022, the valuation grade for Industrial Logistics Properties Trust moved from very attractive to risky. The company appears to be overvalued, given its significant negative metrics, including a price-to-book value of 0.40, an EV to EBITDA ratio of -0.06, and a return on equity (ROE) of -17.39%.
In comparison to its peers, Transcontinental Realty Investors, Inc. has a P/E ratio of 61.06, while Postal Realty Trust, Inc. shows a P/E of 53.54, highlighting the stark contrast in valuation. Additionally, the company's recent stock performance has been mixed; while it outperformed the S&P 500 with a year-to-date return of 76.71% compared to the index's 12.22%, it has significantly underperformed over the longer term, with a 5-year return of -71.23% against the S&P 500's 96.61%.