Is Nuwellis, Inc. overvalued or undervalued?

As of 23 March 2017, Nuwellis, Inc. has moved from a valuation grade of "does not qualify" to "risky." The company is currently considered overvalued given its financial metrics and peer comparisons. The price-to-book value stands at 0.49, while the EV to EBITDA and EV to EBIT ratios are both at 0.06, indicating significant underperformance relative to typical valuation standards.
In comparison to its peers, Nuwellis, Inc. shows a negative P/E ratio of -0.0872, while Nexalin Technology, Inc. and SINTX Technologies, Inc. have P/E ratios of -2.2805 and -1.0287, respectively. This suggests that Nuwellis is not only underperforming but also carries a higher risk profile compared to its peers. Given these factors, the company is deemed overvalued in the current market context.