Is KULR Technology Group, Inc. overvalued or undervalued?

As of 16 August 2021, KULR Technology Group, Inc. moved from a grade of does not qualify to risky. The company appears to be overvalued based on its current valuation ratios, which include a price to book value of 3.93, an EV to EBIT of -16.40, and an EV to EBITDA of -17.65. In comparison to its peers, Graham Corp. has a fair valuation with a P/E ratio of 41.09, while Natural Gas Services Group, Inc. also holds a fair valuation with a P/E of 17.57, highlighting KULR's relative overvaluation.
Despite a strong one-year stock return of 107.24%, which outperformed the S&P 500's 17.14%, the significant year-to-date decline of -83.31% suggests underlying issues that may not support its current valuation. Overall, the combination of negative financial metrics and a risky valuation grade indicates that KULR Technology Group, Inc. is overvalued.