Is Lyft, Inc. overvalued or undervalued?

As of 17 October 2025, Lyft, Inc. has moved from an expensive to a fair valuation grade. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 65, an EV to EBITDA of 38.89, and a PEG ratio of 0.25, which indicates potential growth relative to its price.
In comparison to its peers, Lyft's P/E ratio of 52.72 is significantly higher than Vontier Corp.'s 15.89, but lower than Verra Mobility Corp.'s 27.91, suggesting a mixed competitive positioning. Additionally, Bristow Group, Inc. has a much lower P/E of 9.82, indicating that Lyft may be overvalued relative to some peers. Over the past year, Lyft has outperformed the S&P 500 with a return of 43.39% compared to the index's 14.08%, reinforcing a positive sentiment around its valuation.