Is SenesTech, Inc. overvalued or undervalued?

As of 16 March 2023, SenesTech, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently considered overvalued given its negative financial ratios, including a Price to Book Value of 1.74 and an EV to Sales ratio of 1.88, alongside a troubling ROCE of -408.69% and ROE of -208.06%.
In comparison to its peers, SenesTech's valuation stands out unfavorably; for instance, CVR Partners LP is rated "very attractive" with a P/E of 12.50, while LSB Industries, Inc. is also rated "risky" but has a significantly worse P/E of -21.99. The stark contrast in these ratios indicates that SenesTech is not only underperforming relative to its peers but also suggests that the current market price of $3.86 may not reflect its underlying financial health. Additionally, while the company has shown a positive return over the past month (47.33%), this is overshadowed by a substantial decline of 34.53% over the past year, further reinforcing the notion of overvaluation.