Is Tempo Automation Holdings, Inc. overvalued or undervalued?

As of 9 February 2023, the valuation grade for Tempo Automation Holdings, Inc. has moved from does not qualify to risky. The company appears to be overvalued based on its financial metrics. The P/E ratio stands at -0.0033, while the EV to EBITDA ratio is at -0.3862, indicating significant financial distress. Additionally, the Price to Book Value is reported at -0.01, which further underscores the company's precarious financial position.
In comparison to its peers, Tempo Automation Holdings is significantly lagging behind. For instance, Bel Fuse, Inc. has a P/E ratio of 27.6030 and an EV to EBITDA of 18.3554, reflecting a much healthier valuation. Similarly, Vishay Precision Group, Inc. is rated attractive with a P/E ratio of 98.1252 and an EV to EBITDA of 11.6518. Given these comparisons and the negative returns, Tempo Automation Holdings is not only overvalued but also poses a high risk for investors.