Is Loop Media, Inc. overvalued or undervalued?

As of 10 August 2020, Loop Media, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently assessed as overvalued. Key ratios indicate significant financial distress, with a P/E ratio of NA due to losses, a price-to-book value of -0.10, and an EV to EBITDA ratio of -1.02, all suggesting severe challenges in profitability and valuation.
In comparison to peers, Loop Media, Inc. stands out negatively against Porch Group, Inc., which has a P/E ratio of -27.89, and OppFi, Inc., with a P/E of 11.24. The overall peer group appears to be struggling, as many are classified as "risky," but Loop's financial metrics are particularly alarming. Notably, the company's stock has underperformed significantly, with a one-year return of -86.82% compared to a 10.26% return for the S&P 500, reinforcing the notion of overvaluation amidst a backdrop of poor performance.