Yes, there's a Privacy Status in p≡p, there being four different states: no color (mostly today: insufficient crypto, weak crypto, unknown), yellow/orange for accepted, transparent and well implemented crypto, green for crypto avoiding the MITM (Man-In-The-Middle) possibility (after the involved peers checked their Trustwords and accepted them to be trustworthy) and red if the p≡p engine detects an attack.

Cf. the documentation for screenshots how this looks (nowadays): https://prettyeasyprivacy.com/docs