Is Ramasigns Indus. overvalued or undervalued?

As of 25 April 2023, Ramasigns Industries has moved from a grade of "does not qualify" to "risky." The company is currently considered undervalued. Key ratios indicate significant financial distress, with a PE ratio of -1.75, an EV to EBITDA of -5.95, and a ROE of -35.38%.
In comparison to its peers, Ramasigns shows stark contrasts; for instance, MMTC has a PE ratio of 119.39 and an EV to EBITDA of -70.04, while Optiemus Infra, which is rated fair, has a PE ratio of 82.35 and an EV to EBITDA of 48.56. The company's recent stock performance has underperformed against the Sensex, with a year-to-date return of -25.26% compared to the Sensex's 5.58%, reinforcing the notion of its undervaluation amidst troubling financial metrics.