As of Q4'25, UBER's latest Price-to-Sales (P/S) Ratio stands at 11.79, marking a substantial increase compared to previous quarters. This sharp rise follows a steady upward trend observed throughout the period from Q1'23 to Q3'25, where the ratio gradually climbed from 2.26 to 3.97. Analyzing the overall trend from Q1'23 to Q4'25, the P/S Ratio exhibited consistent growth with a notable acceleration in Q4'23 (4.53) and a dramatic spike in Q4'25. The data suggests a relatively stable progression until Q4'25, when the ratio more than doubles from the prior quarter, indicating a significant change in market valuation or revenue expectations for UBER at the end of 2025.