Is SHF Holdings, Inc. overvalued or undervalued?

As of 14 November 2022, the valuation grade for SHF Holdings, Inc. moved from very expensive to risky. The company appears to be overvalued given its negative price-to-book value of -0.41 and an EV to sales ratio of 1.28, which indicates that the market is pricing the company higher than its actual sales performance. Additionally, the company has a negative return on capital employed and return on equity, further supporting the notion of overvaluation.
In comparison to its peers, SHF Holdings, Inc. has a significantly higher EV to EBITDA ratio of 16.86, while Village Bank & Trust Financial Corp. has a fair valuation with a P/E ratio of 17.15, and United Bancorp, Inc. boasts a very attractive P/E of 11.57. The stark contrast in these ratios highlights the overvaluation of SHF Holdings, Inc. Furthermore, the company's stock has underperformed significantly against the S&P 500, with a year-to-date return of -75.27%, compared to the index's gain of 2.44%.