Is Uber Technologies, Inc. overvalued or undervalued?

As of 6 August 2025, the valuation grade for Uber Technologies, Inc. has moved from attractive to fair, indicating a shift in its perceived value. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 17, an EV to EBITDA ratio of 34.59, and a PEG ratio of 0.03, which suggests that while growth expectations are low, the company is not excessively priced compared to its earnings potential.
In comparison to its peers, Uber's P/E ratio of 17.51 is slightly higher than the industry average, while its EV to EBITDA ratio is comparable to that of its competitors. Notably, Uber's ROE stands at an impressive 48.63%, indicating strong profitability relative to equity. Over the past year, Uber's stock has returned 28.84%, outperforming the S&P 500's return of 17.14%, reinforcing the notion that the stock is fairly valued in the current market context.