Is QuinStreet, Inc. overvalued or undervalued?

As of 3 August 2022, QuinStreet, Inc. moved from an expensive to a risky valuation grade. The company appears to be overvalued, given its P/E ratio of 378, which significantly exceeds the industry average. Additionally, QuinStreet's EV to EBIT stands at 402.17, while its PEG ratio is 3.68, indicating a high valuation relative to its growth prospects.
In comparison to its peers, QuinStreet's P/E ratio is substantially higher than Thryv Holdings, Inc. at 38.55 and Clear Channel Outdoor Holdings, Inc. which has a negative P/E ratio. This stark contrast highlights the overvaluation of QuinStreet relative to its peers. Furthermore, the company's recent stock performance shows a year-to-date decline of 32.77%, which contrasts with the S&P 500's modest gain of 2.44%, reinforcing the notion that QuinStreet is currently overvalued.