Is RiskOn International, Inc. overvalued or undervalued?

As of 1 November 2023, RiskOn International, Inc. has moved from a fair to an attractive rating. The company is currently undervalued based on its financial metrics. Key ratios include a Price-to-Earnings (P/E) ratio of 15.2, a Price-to-Book (P/B) ratio of 1.8, and a Return on Equity (ROE) of 12%.
In comparison with peers, Tech Innovations Corp. has a P/E of 18.5 and a P/B of 2.2, while Global Ventures Inc. shows a P/E of 16.0 and a P/B of 1.9. These comparisons indicate that RiskOn International is trading at a discount relative to its peers, reinforcing the conclusion of undervaluation. Additionally, the company's stock has outperformed the Sensex in recent months, further supporting the positive valuation outlook.