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Zillow Group (Zillow Group) Cyclically Adjusted PB Ratio : 2.31 (As of Apr. 28, 2024)


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What is Zillow Group Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Zillow Group's current share price is $43.67. Zillow Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $18.94. Zillow Group's Cyclically Adjusted PB Ratio for today is 2.31.

The historical rank and industry rank for Zillow Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

Z' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.6   Max: 18.43
Current: 2.32

During the past years, Zillow Group's highest Cyclically Adjusted PB Ratio was 18.43. The lowest was 1.67. And the median was 3.60.

Z's Cyclically Adjusted PB Ratio is ranked worse than
62.94% of 286 companies
in the Interactive Media industry
Industry Median: 1.555 vs Z: 2.32

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Zillow Group's adjusted book value per share data for the three months ended in Dec. 2023 was $19.395. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $18.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zillow Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zillow Group's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zillow Group Cyclically Adjusted PB Ratio Chart

Zillow Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 12.34 4.45 1.88 3.05

Zillow Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 2.54 2.76 2.45 3.05

Competitive Comparison of Zillow Group's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Zillow Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zillow Group's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zillow Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Zillow Group's Cyclically Adjusted PB Ratio falls into.



Zillow Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Zillow Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.67/18.94
=2.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zillow Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zillow Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.395/129.4194*129.4194
=19.395

Current CPI (Dec. 2023) = 129.4194.

Zillow Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.829 99.695 6.269
201406 4.832 100.560 6.219
201409 4.801 100.428 6.187
201412 4.811 99.070 6.285
201503 15.211 99.621 19.761
201506 15.099 100.684 19.408
201509 15.046 100.392 19.397
201512 15.011 99.792 19.468
201603 14.865 100.470 19.148
201606 14.129 101.688 17.982
201609 14.302 101.861 18.171
201612 13.886 101.863 17.643
201703 13.975 102.862 17.583
201706 14.066 103.349 17.614
201709 14.244 104.136 17.702
201712 13.996 104.011 17.415
201803 14.348 105.290 17.636
201806 14.601 106.317 17.774
201809 16.337 106.507 19.852
201812 16.023 105.998 19.563
201903 16.005 107.251 19.313
201906 15.874 108.070 19.010
201909 16.641 108.329 19.881
201912 16.432 108.420 19.615
202003 16.043 108.902 19.066
202006 17.798 108.767 21.177
202009 18.520 109.815 21.826
202012 19.714 109.897 23.216
202103 22.280 111.754 25.802
202106 22.680 114.631 25.606
202109 22.651 115.734 25.329
202112 21.310 117.630 23.446
202203 19.499 121.301 20.804
202206 19.354 125.017 20.036
202209 19.332 125.227 19.979
202212 19.132 125.222 19.773
202303 19.317 127.348 19.631
202306 19.276 128.729 19.379
202309 19.389 129.860 19.323
202312 19.395 129.419 19.395

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Zillow Group  (NAS:Z) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Zillow Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Zillow Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Zillow Group (Zillow Group) Business Description

Address
1301 Second Avenue, Floor 31, Seattle, WA, USA, 98101
Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group operates in three segments namely the Internet, Media & Technology (IMT) segment, the Mortgages segment, and the Homes segment.
Executives
Jennifer Rock officer: Interim CFO 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Susan Daimler officer: President of Zillow C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Jeremy Hofmann officer: Chief Financial Officer 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Dan Spaulding officer: Chief People Officer 1301 SECOND AVE, FL 31, SEATTLE WA 98101
Bradley D. Owens officer: General Counsel 1301 SECOND AVE, FL 31, SEATTLE WA 98101
Erik C Blachford director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jeremy Wacksman officer: Chief Marketing Officer C/O ZILLOW GROUP, INC, 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Errol G Samuelson officer: Chief Industry Dev. Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
David A. Beitel officer: Chief Technology Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Allen Parker officer: Chief Financial Officer 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jay C Hoag director 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Arik Prawer officer: Pres. Homes Div./Co-Head IO C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Stanley B Humphries officer: Chief Analytics Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Aimee Johnson officer: Chief Marketing Officer 1301 2ND AVE FLOOR 31, SEATTLE WA 98101
Lloyd D Frink director, officer: Vice Chairman & President C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101