Is Seacor Marine Holdings, Inc. overvalued or undervalued?

As of 3 August 2022, Seacor Marine Holdings, Inc. has moved from a very attractive to a risky valuation grade. The company appears to be overvalued given its current financial metrics. Key ratios include a Price to Book Value of 0.52, an EV to EBITDA of 16.29, and a ROE of -13.53%.
In comparison to peers, Bristow Group, Inc. is rated attractive with a P/E of 9.07 and an EV to EBITDA of 7.42, while ModivCare, Inc. is also rated risky with a P/E of -0.58 and an EV to EBITDA of 10.17. The stark difference in valuations suggests that Seacor Marine is not only underperforming relative to its peers but also reflects a concerning trend in its financial health. Over the past year, the stock has declined by 58.16%, significantly underperforming the S&P 500, which has risen by 10.26%.