This isn't a great way to test things. You should use something like ipcalc instead.

#!/bin/bash

set -euo pipefail

is_ipv4 () {
    local regex='(?<![0-9])(?:(?:[0-1]?[0-9]{1,2}|2[0-4][0-9]|25[0-5])[.](?:[0-1]?[0-9]{1,2}|2[0-4][0-9]|25[0-5])[.](?:[0-1]?[0-9]{1,2}|2[0-4][0-9]|25[0-5])[.](?:[0-1]?[0-9]{1,2}|2[0-4][0-9]|25[0-5]))(?![0-9])'
    grep -Pq "^$regex$" <<< "${1:-}"
}

is_ipv6 () {
    local regex='((([0-9A-Fa-f]{1,4}:){7}([0-9A-Fa-f]{1,4}|:))|(([0-9A-Fa-f]{1,4}:){6}(:[0-9A-Fa-f]{1,4}|((25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)(\.(25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)){3})|:))|(([0-9A-Fa-f]{1,4}:){5}(((:[0-9A-Fa-f]{1,4}){1,2})|:((25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)(\.(25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)){3})|:))|(([0-9A-Fa-f]{1,4}:){4}(((:[0-9A-Fa-f]{1,4}){1,3})|((:[0-9A-Fa-f]{1,4})?:((25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)(\.(25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)){3}))|:))|(([0-9A-Fa-f]{1,4}:){3}(((:[0-9A-Fa-f]{1,4}){1,4})|((:[0-9A-Fa-f]{1,4}){0,2}:((25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)(\.(25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)){3}))|:))|(([0-9A-Fa-f]{1,4}:){2}(((:[0-9A-Fa-f]{1,4}){1,5})|((:[0-9A-Fa-f]{1,4}){0,3}:((25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)(\.(25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)){3}))|:))|(([0-9A-Fa-f]{1,4}:){1}(((:[0-9A-Fa-f]{1,4}){1,6})|((:[0-9A-Fa-f]{1,4}){0,4}:((25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)(\.(25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)){3}))|:))|(:(((:[0-9A-Fa-f]{1,4}){1,7})|((:[0-9A-Fa-f]{1,4}){0,5}:((25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)(\.(25[0-5]|2[0-4]\d|1\d\d|[1-9]?\d)){3}))|:)))(%.+)?'
    grep -Pq "^$regex$" <<< "${1:-}"
}

is_ip () {
    is_ipv4 "${1:-}" || is_ipv6 "${1:-}"
}

is_cidr () {
    local ip="${1:-}"
    local prefix=""
    if [[ "$ip" =~ \/([0-9]+)$ ]]
    then
        prefix="${BASH_REMATCH[1]}"
    fi
    if is_ipv6 "${ip%/$prefix}" && [[ "$prefix" -ge 0 && "$prefix" -le 128 ]]
    then
        return 0
    elif is_ipv4 "${ip%/$prefix}" && [[ "$prefix" -ge 0 && "$prefix" -le 32 ]]
    then
        return 0
    fi
    return 1
}

main () {
    local str
    for str in "$@"
    do
        if is_cidr "$str"
        then
            echo -e "$str is a valid CIDR address"
        elif is_ip "$str"
        then
            echo -e "$str is a valid IP address."
        else
            echo -e "$str is not a valid IP or CIDR address."
        fi
    done
}

main "$@"