Is Uniti Group, Inc. overvalued or undervalued?

As of 3 March 2016, the valuation grade for Uniti Group, Inc. moved from does not qualify to risky, indicating a shift towards a more cautious outlook. The company appears to be overvalued, particularly given its P/E ratio of 50.89, which is significantly higher than its peers like Ladder Capital Corp. at 17.19 and Xenia Hotels & Resorts, Inc. at 21.12. Additionally, Uniti Group's EV to EBITDA stands at 1.60, compared to Ladder Capital's 4.29, suggesting that it is trading at a premium relative to its earnings potential.
The negative price-to-book value of -0.44 and negative ROE further highlight the company's struggles, reinforcing the notion of overvaluation. In terms of recent performance, Uniti Group's stock has returned -24.58% year-to-date, which starkly contrasts with the S&P 500's positive return of 12.22% over the same period, underscoring its underperformance in the market.