Is Leddartech Holdings, Inc. overvalued or undervalued?

As of 14 August 2024, Leddartech Holdings, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial metrics. Key ratios include a P/E ratio of -0.0065, an EV to EBITDA ratio of -1.969, and a PEG ratio that is not available, indicating significant valuation concerns relative to its earnings potential.
In comparison to its peers, Leddartech's valuation metrics are notably poor; for instance, the peer comparison shows that the average P/E is significantly higher, reflecting better market confidence in those companies. The stock has underperformed dramatically against the S&P 500, with a year-to-date return of -99.59% compared to the S&P 500's 12.22%, reinforcing the notion of its overvaluation in the current market context.