Is Wheeler Real Estate Investment Trust, Inc. overvalued or undervalued?

As of 28 May 2025, the valuation grade for Wheeler Real Estate Investment Trust, Inc. has moved from attractive to very attractive. The company appears to be undervalued based on its current metrics. Key ratios include a P/E ratio of 0.3003, an EV to EBIT of -1.65, and an EV to EBITDA of -0.86, which suggest significant discrepancies compared to industry norms.
In comparison to peers, Wheeler's valuation stands out as very attractive, particularly against Strawberry Fields REIT, Inc., which is deemed expensive with a P/E of 27.3727. Other peers like American Strategic Investment Co. and InnSuites Hospitality Trust are categorized as risky, with negative EV to EBIT ratios of -0.8419 and -20.0251, respectively. Notably, Wheeler's stock has experienced a drastic decline over the past year, with a return of -99.94%, contrasting sharply with the S&P 500's 10.26% return during the same period, further emphasizing its current undervaluation.