Is LiveOne, Inc. overvalued or undervalued?

As of 29 June 2018, LiveOne, Inc. has moved from a grade of "does not qualify" to "risky." The company appears to be overvalued based on its financial metrics. Key ratios include a price-to-book value of -9.83, an EV to EBITDA of 77.34, and an EV to sales ratio of 0.61, which indicate significant financial distress and inefficiency in generating returns.
When compared to peers, LiveOne's P/E ratio stands at -6.36, while CompoSecure, Inc. has a P/E of 18.16 and Deluxe Corp. boasts a very attractive P/E of 7.11. This stark contrast highlights LiveOne's unfavorable position within its industry. Furthermore, the company's stock has underperformed significantly against the S&P 500, with a year-to-date return of -48.67% compared to the index's 2.44%, reinforcing the notion that it is currently overvalued.