Is Jet.AI, Inc. overvalued or undervalued?
As of February 13, 2023, Jet.AI, Inc. is rated as "risky" and overvalued, with key financial metrics indicating distress, a P/E ratio of -0.6791, and a significant 1-year stock return of -96.19%, contrasting sharply with the S&P 500's 10.26% return.
As of 13 February 2023, Jet.AI, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently considered overvalued based on its financial metrics. Key ratios include a Price to Book Value of 0.79, an EV to EBIT of 0.08, and an EV to EBITDA of 0.08, all indicating significant financial distress and inefficiency.In comparison to its peers, Jet.AI, Inc. shows a P/E ratio of -0.6791, while Duos Technologies Group, Inc. has a P/E of -8.2759, and Inuvo, Inc. stands at -10.2122, highlighting that Jet.AI is not the worst performer in its category but still reflects a concerning trend. The company's recent stock performance has been notably poor, with a 1-year return of -96.19% compared to a 10.26% return for the S&P 500, further emphasizing its overvaluation in the current market context.
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