Is Uber Technologies, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Uber Technologies, Inc. has moved from expensive to fair, indicating a more favorable assessment of its stock price. Based on the current metrics, the company appears fairly valued. Key ratios include a P/E ratio of 17, an EV to EBITDA of 34.59, and a PEG ratio of 0.03, suggesting that the stock is reasonably priced relative to its earnings growth potential.
In comparison to peers, Uber's P/E ratio of 17.51 is slightly above the industry average, while its EV to EBITDA is closely aligned with the peer average of 34.50. Notably, Uber's ROE stands at an impressive 48.63%, reflecting strong profitability compared to its competitors. Despite recent underperformance in the short term, with a 1-week return of -1.18% versus the S&P 500's 1.70%, Uber has outperformed the index significantly over the longer term, achieving a 3-year return of 255.82% compared to the S&P 500's 81.19%.