(~s, overvaluing, ~d)
To ~ something, often a cost or rate of exchange, means to fix its value at too high a level compared with other similar things.
...a rate which does not ~ the pound...
Many, perhaps all, Internet stocks are hugely ~d.
? undervalue
VERB: V n, be V-ed
overvaluation
These problems were aggravated by the overvaluation of the pound.
N-UNCOUNT: oft N of n
~d
It still can be argued that Japanese shares are ~d in terms of the return they offer.
? undervalued
ADJ