Is Qurate Retail, Inc. overvalued or undervalued?

As of 28 February 2024, the valuation grade for Qurate Retail, Inc. has moved from attractive to risky, indicating a significant downgrade in its perceived value. The company is currently considered overvalued. Key ratios highlight this concern, with a P/E ratio of 0, an EV to EBIT of 8.87, and an EV to EBITDA of 5.45, which are not favorable compared to its peers.
In comparison, Sinclair, Inc. and Gray Television, Inc. are classified as very attractive, with P/E ratios of 2.93 and 2.05, respectively, and EV to EBITDA ratios of 5.37 and 5.41. This stark contrast underscores Qurate's challenging position in the market. Additionally, the company's recent stock performance has been dismal, with a year-to-date decline of 83.15%, significantly underperforming the S&P 500, which has gained 2.44% in the same period.