Is T Stamp, Inc. overvalued or undervalued?

As of 10 November 2022, the valuation grade for T Stamp, Inc. moved from does not qualify to risky, indicating a deterioration in its investment appeal. The company appears to be overvalued, particularly given its negative earnings metrics. Key ratios include a Price to Book Value of 1.25, an EV to EBIT of -0.58, and an EV to EBITDA of -0.63, all of which suggest significant financial distress.
In comparison to its peers, T Stamp, Inc. has a notably poor EV to EBITDA ratio of -1.1990, while CareCloud, Inc. stands out with an attractive EV to EBITDA of 5.1296. Additionally, Intellinetics, Inc. also carries a risky valuation with an EV to EBITDA of -49.2573. The stock has underperformed relative to the S&P 500, with a year-to-date return of -76.19% compared to the index's 12.22%, reinforcing the notion of overvaluation.