Is WidePoint Corp. overvalued or undervalued?

As of 16 May 2022, the valuation grade for WidePoint Corp. has moved from attractive to risky, indicating a significant deterioration in its financial outlook. The company is currently considered overvalued. Key ratios include a Price to Book Value of 2.65, an EV to EBITDA of 28.08, and a negative ROCE of -21.52%.
In comparison to peers, WidePoint Corp. has a negative P/E ratio of -14.78, while Iris Energy Ltd. also shows a risky profile with a P/E of -67.14, and Innodata, Inc. stands out as attractive with a P/E of 42.88. The company's stock has underperformed relative to the S&P 500, particularly over the year-to-date period, where it has declined by 34.92% compared to a modest gain of 2.44% for the index.