Is Power REIT overvalued or undervalued?

As of 31 March 2023, the valuation grade for Power REIT has moved from expensive to risky, indicating a deterioration in its valuation outlook. The company appears to be overvalued given its significant losses, as evidenced by a Price to Book Value of 0.72 and an EV to Sales ratio of 0.63. Additionally, the negative EV to EBITDA of -1.90 and ROE of -91.06% further highlight the financial challenges it faces.
In comparison to its peers, Power REIT's valuation metrics are concerning; for instance, Strawberry Fields REIT, Inc. has a P/E ratio of 24.91, while Bluerock Homes Trust, Inc. shows a P/E of 43.74, both indicating a much stronger market position. The company's stock has underperformed significantly, with a year-to-date return of -26.62% compared to the S&P 500's gain of 12.22%, reinforcing the notion that Power REIT is currently overvalued.