Is Trinity Place Holdings, Inc. overvalued or undervalued?

As of 3 June 2025, the valuation grade for Trinity Place Holdings, Inc. has moved from fair to risky, indicating a significant deterioration in its financial standing. The company is currently considered overvalued given its negative financial ratios, including a Price to Book Value of -4.14 and an EV to EBITDA of -0.92. The negative return on capital employed and return on equity further underscore the company's financial challenges.
In comparison to its peers, Trinity Place Holdings has a P/E ratio of -0.50, while Sky Harbour Group Corp. also shows a risky valuation with a P/E of -58.19. In contrast, AMREP Corp. stands out as attractive with a P/E of 8.69, highlighting the stark differences in valuation among industry competitors. Recent performance also reflects this valuation story, as Trinity Place has seen a staggering 61.24% decline over the past year, significantly underperforming the S&P 500, which gained 10.26% in the same period.