Is Society Pass, Inc. overvalued or undervalued?

As of 4 August 2022, Society Pass, Inc. moved from a grade of does not qualify to risky. The company is currently overvalued given its negative valuation ratios, including a Price to Book Value of -7.24 and an EV to EBITDA of -0.08, which indicate significant financial distress. In comparison to peers, CareCloud, Inc. has a P/E ratio of 12.6550, while GigaMedia Ltd. shows a P/E of 17.9599, highlighting Society Pass's unfavorable position within the industry.
Despite a strong year-to-date return of 38.08% compared to the S&P 500's 12.22%, the company's long-term performance has been dismal, with a 3-year return of -95.25%. This stark contrast suggests that while recent price movements may appear favorable, the underlying financial metrics indicate that Society Pass, Inc. is not a sound investment at its current valuation.