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The latest data point for GRAB reflects an EV/Sales ratio of 14.71 in Q1'26. This represents a sequential decline from the 16.46 recorded in Q4'25, marking the lowest valuation multiple within the observed period. From Q2'23 to Q1'26, the chart exhibits significant volatility, with the ratio peaking at 25.41 in Q3'25 before entering a sharp downward trend. Despite intermittent recoveries in periods such as Q3'24 and Q3'25, the overall trajectory has shifted toward compression in the most recent fiscal periods.