Is Office Properties Income Trust overvalued or undervalued?

As of 30 October 2024, the valuation grade for Office Properties Income Trust has moved from very attractive to risky. This shift indicates a significant deterioration in the company's financial health, leading to a verdict of overvalued. The company's P/E ratio is not applicable due to losses, while its Price to Book Value stands at an alarming 0.01, and the EV to EBITDA is at -0.24, reflecting negative operational performance.
In comparison to its peers, Office Properties Income Trust shows stark contrasts; for instance, Orchid Island Capital, Inc. has a P/E ratio of 21.15, and Postal Realty Trust, Inc. boasts a P/E of 67.11, both categorized as very attractive. The company's recent stock performance has been dismal, with a year-to-date return of -76.06%, significantly underperforming the S&P 500's 2.44% return in the same period. Overall, the financial metrics and peer comparisons suggest that Office Properties Income Trust is overvalued in its current state.