Is LogicMark, Inc. overvalued or undervalued?

As of 15 November 2016, the valuation grade for LogicMark, Inc. moved from does not qualify to risky, indicating a deteriorating outlook. The company is overvalued given its significant losses and negative financial metrics. Key ratios include a Price to Book Value of 0.11, an EV to EBIT of 1.58, and an EV to EBITDA of 2.03, all of which reflect a concerning financial position.
In comparison to peers, LogicMark, Inc. has a P/E ratio of -0.2290, while Allot Ltd. shows a P/E of -397.7422, and SuperCom Ltd. is relatively fair with a P/E of 6.0570. The stark contrast in valuation metrics highlights the risk associated with LogicMark. Over the past year, the stock has returned -99.91%, significantly underperforming the S&P 500's return of 17.14%, reinforcing the notion of overvaluation amidst its financial struggles.