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Zillow Group (BSP:Z2LL35) Cyclically Adjusted PB Ratio : 2.49 (As of Jun. 09, 2024)


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What is Zillow Group Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Zillow Group's current share price is R$39.44. Zillow Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$15.86. Zillow Group's Cyclically Adjusted PB Ratio for today is 2.49.

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

BSP:Z2LL35' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 3.42   Max: 18.43
Current: 2.16

During the past years, Zillow Group's highest Cyclically Adjusted PB Ratio was 18.43. The lowest was 1.67. And the median was 3.42.

BSP:Z2LL35's Cyclically Adjusted PB Ratio is ranked worse than
59.6% of 297 companies
in the Interactive Media industry
Industry Median: 1.6 vs BSP:Z2LL35: 2.16

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 Mar. 2024 was R$98.362. 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 R$15.86 for the trailing ten years ended in Mar. 2024.

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.54 2.76 2.45 3.05 2.49

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
=39.44/15.86
=2.49

* 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 Mar. 2024 is calculated as:

For example, Zillow Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=98.362/131.7762*131.7762
=98.362

Current CPI (Mar. 2024) = 131.7762.

Zillow Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.805 100.560 14.159
201409 11.225 100.428 14.729
201412 12.710 99.070 16.906
201503 47.783 99.621 63.206
201506 46.982 100.684 61.491
201509 58.728 100.392 77.088
201512 58.254 99.792 76.925
201603 54.972 100.470 72.101
201606 48.368 101.688 62.679
201609 46.529 101.861 60.194
201612 46.573 101.863 60.250
201703 43.706 102.862 55.992
201706 46.352 103.349 59.102
201709 44.619 104.136 56.462
201712 46.116 104.011 58.426
201803 47.048 105.290 58.883
201806 55.059 106.317 68.244
201809 67.125 106.507 83.051
201812 62.224 105.998 77.357
201903 61.471 107.251 75.528
201906 61.204 108.070 74.630
201909 68.554 108.329 83.392
201912 67.446 108.420 81.975
202003 78.389 108.902 94.855
202006 92.342 108.767 111.876
202009 100.010 109.815 120.010
202012 101.424 109.897 121.617
202103 125.550 111.754 148.043
202106 114.044 114.631 131.101
202109 119.573 115.734 136.147
202112 120.508 117.630 135.001
202203 97.035 121.301 105.415
202206 97.692 125.017 102.974
202209 101.367 125.227 106.669
202212 100.355 125.222 105.608
202303 100.613 127.348 104.112
202306 93.561 128.729 95.776
202309 95.754 129.860 97.167
202312 95.034 129.419 96.765
202403 98.362 131.776 98.362

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  (BSP:Z2LL35) 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 (BSP:Z2LL35) 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.

Zillow Group (BSP:Z2LL35) Headlines

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