Zillow Group (MEX:Z) PB Ratio: 1.84 (As of Jun. 25, 2026) — 33% Below Median


MEX:Z Zillow Group Inc MEX:Z
65 GF Score
Price MXN638.00
GF Value MXN1,555.46
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Zillow Group PB Ratio?

Zillow Group MEX:Z 65 PB Ratio is 1.84 as of Jun. 25, 2026, which is 33% below its 10-year median of 2.75. GuruFocus rates MEX:Z with a GF Score™ of 65/100 and a GF Value™ of MXN1,555.46 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 512 Interactive Media companies, Zillow Group ranks better than 51.17% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Zillow Group's share price is MXN638.00. Zillow Group's Book Value per Share for the quarter that ended in Mar. 2026 was MXN346.97. Hence, Zillow Group's PB Ratio of today is 1.84.

Good Sign:

Zillow Group Inc stock PB Ratio (=1.59) is close to 3-year low of 1.59.

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

MEX:Z' s PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.75   Max: 10.29
Current: 1.59

During the past 13 years, Zillow Group's highest PB Ratio was 10.29. The lowest was 1.40. And the median was 2.75.

MEX:Z's PB Ratio is ranked better than
51.17% of 512 companies
in the Interactive Media industry
Industry Median: 1.66 vs MEX:Z: 1.59

During the past 12 months, Zillow Group's average Book Value Per Share Growth Rate was -2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Zillow Group was 157.00% per year. The lowest was -2.10% per year. And the median was 11.05% per year.

Back to Basics: PB Ratio


Zillow Group  (MEX:Z) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Zillow Group PB Ratio Related Terms


Zillow Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Zillow Group's 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.

Zillow Group PB Ratio Chart

Zillow Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 1.88 2.58 4.20 3.28

Zillow Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.47 3.51 3.76 3.28 2.32

MEX:Z vs MTCH, BILI, SNAP: PB Ratio Comparison

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

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

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


MEX:Z
65GF Score
Zillow Group Inc MEX:Z
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zillow Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Zillow Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=638.00/346.966
=1.84

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.84 mean?
Zillow Group (MEX:Z) has a PB Ratio of 1.84 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zillow Group and its competitors. This is 33% below median its historical median of 2.75. Over the past decade, Zillow Group's PB Ratio has ranged from 1.40 to 10.29. According to the industry distribution chart, Zillow Group ranks #250 out of 512 companies in the Interactive Media industry, placing it in the top 48.8%.
Is Zillow Group's PB Ratio too high?
Zillow Group's current PB Ratio of 1.84 is 33% below median its 10-year median of 2.75. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 10.29. The Interactive Media industry median PB Ratio is 1.66. Zillow Group's value of 1.84 is 10.8% above this industry median. Based on the distribution chart, Zillow Group ranks #250 out of 512 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Zillow Group has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zillow Group's PB Ratio compare to MTCH and BILI?
According to the Interactive Media industry distribution chart, Zillow Group ranks #250 out of 512 companies for PB Ratio. This puts Zillow Group in the upper half of its industry. The industry median PB Ratio is 1.66. Zillow Group's value of 1.84 is 10.8% above this benchmark. Historically, Zillow Group's own PB Ratio has ranged from 1.40 to 10.29 over the past decade. While the company's 10-year median is 2.75 vs. the industry median of 1.66, Zillow Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Interactive Media company?
The median PB Ratio among Interactive Media companies is 1.66, based on 512 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zillow Group's current PB Ratio of 1.84 is 10.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zillow Group and its competitors. For the Interactive Media industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zillow Group's current PB Ratio is 1.84, which is 33% below median its own 10-year median of 2.75. 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 (MEX:Z) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,555.46, compared to a current price of MXN638.00 — trading 59% below its estimated fair value. The current PB Ratio is 1.84, which is 33% below median its 10-year median of 2.75 and 10.8% above the Interactive Media industry median of 1.66. Zillow Group's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Zillow Group (MEX:Z), the current PB Ratio is 1.84 as of Jun. 25, 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 (MEX:Z) Overvalued in 2026?

Based on GuruFocus' analysis, Zillow Group stock appears to be undervalued. The current stock price of MXN638.00 is trading 59% below its estimated GF Value™ of MXN1,555.46. GuruFocus considers Zillow Group to be Significantly Undervalued.

Key valuation signals for MEX:Z:

  • PB Ratio: 1.84 (33% below median its 10-year median of 2.75)
  • GF Value™: MXN1,555.46 vs. price of MXN638.00 (59% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 10.8% above the Interactive Media median (#250 of 512)

No single metric tells the full story. See the MEX:Z 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.
65GF Score

Get the complete analysis for MEX:Z

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN638.00
Price
MXN1,555.46
GF Value