Is urban-gro, Inc. overvalued or undervalued?

As of 15 August 2022, the valuation grade for urban-gro, Inc. moved from very expensive to risky, indicating a significant shift in its financial outlook. The company is currently assessed as overvalued, particularly given its negative P/E ratio and troubling returns on capital and equity, with ROCE at -193.18% and ROE at -551.31%. The Price to Book Value stands at 2.20, which further supports the notion of overvaluation.
In comparison to its peers, urban-gro, Inc. has a P/E ratio of -0.3379 and an EV to EBITDA of -0.7952, contrasting sharply with GigaCloud Technology, Inc., which has a P/E of 5.4185 and an EV to EBITDA of 3.6377, indicating a more favorable valuation. Additionally, EVI Industries, Inc. is categorized as very expensive with a P/E of 22.1248. The company's recent stock performance has been dismal, with a year-to-date return of -66.62%, significantly underperforming the S&P 500's 2.44% return.