Zillow Group (BSP:Z2LL34) Cyclically Adjusted Revenue per Share: R$4.99 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:Z2LL34 Zillow Group Inc BSP:Z2LL34
60 GF Score
Price R$14.34
GF Value R$31.75
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zillow Group Cyclically Adjusted Revenue per Share?

Zillow Group BSP:Z2LL34 60 Cyclically Adjusted Revenue per Share is R$4.99 as of Mar. 2026. GuruFocus rates BSP:Z2LL34 with a GF Score™ of 60/100 and a GF Value™ of R$31.75 (Significantly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Zillow Group's adjusted revenue per share for the three months ended in Mar. 2026 was R$1.287. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$4.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zillow Group's average Cyclically Adjusted Revenue Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Zillow Group was 26.00% per year. The lowest was 9.00% per year. And the median was 14.65% per year.

As of today (2026-07-20), Zillow Group's current stock price is R$14.34. Zillow Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was R$4.99. Zillow Group's Cyclically Adjusted PS Ratio of today is 2.87.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zillow Group was 34.87. The lowest was 2.69. And the median was 6.25.


Zillow Group  (BSP:Z2LL34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Zillow Group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.34/4.99
=2.87

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zillow Group was 34.87. The lowest was 2.69. And the median was 6.25.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Zillow Group Cyclically Adjusted Revenue per Share Related Terms


Zillow Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zillow Group's Cyclically Adjusted Revenue per Share 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.

Zillow Group Cyclically Adjusted Revenue per Share Chart

Zillow Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.56 3.88 3.97 5.69 5.25

Zillow Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 5.16 5.13 6.07 5.25 4.99

BSP:Z2LL34 vs SNAP, BILI, BZ: Cyclically Adjusted Revenue per Share Comparison

For the Internet Content & Information subindustry, Zillow Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Interactive Media Industry

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

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


BSP:Z2LL34
60GF Score
Zillow Group Inc BSP:Z2LL34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zillow Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Zillow Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.287/330.2130*330.2130
=1.287

Current CPI (Mar. 2026) = 330.2130.

Zillow Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.331 241.018 0.453
201609 0.321 241.428 0.439
201612 0.350 241.432 0.479
201703 0.350 243.801 0.474
201706 0.395 244.955 0.532
201709 0.374 246.819 0.500
201712 0.409 246.524 0.548
201803 0.428 249.554 0.566
201806 0.526 251.989 0.689
201809 0.580 252.439 0.759
201812 0.573 251.233 0.753
201903 0.710 254.202 0.922
201906 0.936 256.143 1.207
201909 1.235 256.759 1.588
201912 1.550 256.974 1.992
202003 2.175 258.115 2.783
202006 1.513 257.797 1.938
202009 1.217 260.280 1.544
202012 1.436 260.474 1.820
202103 2.205 264.877 2.749
202106 2.098 271.696 2.550
202109 0.912 274.310 1.098
202112 0.965 278.802 1.143
202203 0.835 287.504 0.959
202206 0.864 296.311 0.963
202209 0.879 296.808 0.978
202212 0.805 296.797 0.896
202303 0.868 301.836 0.950
202306 0.876 305.109 0.948
202309 0.875 307.789 0.939
202312 0.850 306.746 0.915
202403 0.935 312.332 0.989
202406 1.099 314.175 1.155
202409 1.153 315.301 1.208
202412 1.195 315.605 1.250
202503 1.120 319.799 1.156
202506 1.255 322.561 1.285
202509 1.179 324.800 1.199
202512 1.178 324.054 1.200
202603 1.287 330.213 1.287

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of R$4.99 mean?
Zillow Group (BSP:Z2LL34) has a Cyclically Adjusted Revenue per Share of R$4.99 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Zillow Group and its competitors.
Is Zillow Group's Cyclically Adjusted Revenue per Share too high?
Zillow Group's current Cyclically Adjusted Revenue per Share is R$4.99. Overall, Zillow Group has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zillow Group's Cyclically Adjusted Revenue per Share compare to SNAP and BILI?
Zillow Group's Cyclically Adjusted Revenue per Share of R$4.99 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Interactive Media company?
A good Cyclically Adjusted Revenue per Share depends on the Interactive Media industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Zillow Group and its competitors. Zillow Group's current Cyclically Adjusted Revenue per Share is R$4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zillow Group stock overvalued right now?
Based on GuruFocus' analysis, Zillow Group (BSP:Z2LL34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$31.75, compared to a current price of R$14.34 — trading 54.8% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$4.99. Zillow Group's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Zillow Group (BSP:Z2LL34), the current Cyclically Adjusted Revenue per Share is R$4.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zillow Group (BSP:Z2LL34) Overvalued in 2026?

Based on GuruFocus' analysis, Zillow Group stock appears to be undervalued. The current stock price of R$14.34 is trading 54.8% below its estimated GF Value™ of R$31.75. GuruFocus considers Zillow Group to be Significantly Undervalued.

Key valuation signals for BSP:Z2LL34:

  • Cyclically Adjusted Revenue per Share: R$4.99
  • GF Value™: R$31.75 vs. price of R$14.34 (54.8% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the BSP:Z2LL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zillow Group Business Description

Address 1301 Second Avenue, Floor 36, Seattle, WA, USA, 98101
Zillow Group Inc is a real estate technology company offering a digital platform that connects real estate customers with sellers, agents, loan officers, and other real estate-related professionals. With its tools and resources, Zillow helps real estate professionals grow their businesses, and for renters and housing providers, it offers a marketplace along with a set of end-to-end products and services to streamline applications, leases, payments, and more. The group operates various brands such as Zillow, Zillow Home Loans, Zillow Rentals, Zillow New Construction, Trulia, StreetEasy, Out East, HotPads, Follow Up Boss, ShowingTime, dotloop, and Zillow Closing. Its ecosystem spans the entire home journey from shopping to renting, buying, selling, and financing real estate.
60GF Score

Get the complete analysis for BSP:Z2LL34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$14.34
Price
R$31.75
GF Value