Is Grab Holdings Ltd. (Singapore) overvalued or undervalued?

As of 7 August 2025, the valuation grade for Grab Holdings Ltd. has moved from expensive to attractive, indicating a shift in its perceived value. The company appears to be undervalued, particularly when considering its P/E ratio of 403, which is significantly higher than peers like Sysco Corp. at 28.18 and Performance Food Group Co. at 40.48. Additionally, Grab's EV to EBITDA stands at 113.65, while its PEG ratio is 3.21, suggesting that despite high growth expectations, the current valuation may not be justified.
In comparison to its peers, Grab's valuation metrics highlight a stark contrast, with its EV to EBIT at -1729.99 indicating potential operational challenges. Despite these concerns, the company's recent performance has been strong, with a 1-year return of 73.50% compared to the S&P 500's 17.14%, reinforcing the notion that the market may be undervaluing its growth potential.