Is Procaps Group SA overvalued or undervalued?

As of 7 September 2023, the valuation grade for Procaps Group SA has moved from attractive to very attractive. The company is currently undervalued, as indicated by its P/E ratio of 5, a Price to Book Value of 0.59, and an EV to EBITDA of 5.77. In comparison, peers such as Harrow, Inc. show a significantly negative P/E of -52.05 and an EV to EBITDA of 60.41, while Oculis Holding AG does not qualify with a P/E of -14.96.
The PEG ratio for Procaps Group SA stands at an impressive 0.05, suggesting strong growth potential relative to its price. Additionally, the company's ROCE and ROE are both at 10.83%, indicating efficient use of capital. Despite the recent stock performance showing a decline of 44.76% over the past year compared to a 10.26% increase in the S&P 500, the valuation metrics suggest that Procaps Group SA presents a compelling investment opportunity at its current price of 1.45.