Zillow Group (BSP:Z2LL34) Shiller PE Ratio: (As of Aug. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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
55 GF Score
Price R$13.58
GF Value R$28.56
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Zillow Group Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zillow Group  (BSP:Z2LL34) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Zillow Group Shiller PE Ratio Related Terms


Zillow Group Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Zillow Group's Shiller PE 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 Shiller PE Ratio Chart

Zillow Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Zillow Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 0.00 0.00 0.00 0.00 0.00

BSP:Z2LL34 vs BZ, BILI, SNAP: Shiller PE Ratio Comparison

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

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

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


BSP:Z2LL34
55GF Score
Zillow Group Inc BSP:Z2LL34
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zillow Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Zillow Group's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Zillow Group's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.009/333.9520*333.9520
=-0.009

Current CPI (Jun. 2026) = 333.9520.

Zillow Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.011 241.428 0.015
201612 -0.036 241.432 -0.050
201703 -0.008 243.801 -0.011
201706 -0.033 244.955 -0.045
201709 0.013 246.819 0.018
201712 -0.113 246.524 -0.153
201803 -0.027 249.554 -0.036
201806 -0.006 251.989 -0.008
201809 -0.001 252.439 -0.001
201812 -0.155 251.233 -0.206
201903 -0.106 254.202 -0.139
201906 -0.112 256.143 -0.146
201909 -0.106 256.759 -0.138
201912 -0.168 256.974 -0.218
202003 -0.317 258.115 -0.410
202006 -0.164 257.797 -0.212
202009 0.072 260.280 0.092
202012 0.077 260.474 0.099
202103 0.094 264.877 0.119
202106 0.017 271.696 0.021
202109 -0.567 274.310 -0.690
202112 -0.485 278.802 -0.581
202203 0.041 287.504 0.048
202206 0.013 296.311 0.015
202209 -0.096 296.808 -0.108
202212 -0.135 296.797 -0.152
202303 -0.039 301.836 -0.043
202306 -0.061 305.109 -0.067
202309 -0.049 307.789 -0.053
202312 -0.131 306.746 -0.143
202403 -0.041 312.332 -0.044
202406 -0.031 314.175 -0.033
202409 -0.037 315.301 -0.039
202412 -0.112 315.605 -0.119
202503 0.014 319.799 0.015
202506 0.005 322.561 0.005
202509 0.018 324.800 0.019
202512 0.005 324.054 0.005
202603 0.083 330.213 0.084
202606 -0.009 333.952 -0.009

Add all the adjusted EPS together and divide 10 will get our E10.

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.

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$13.58 is trading 52.5% below its estimated GF Value™ of R$28.56. GuruFocus considers Zillow Group to be Significantly Undervalued.

Key valuation signals for BSP:Z2LL34:

  • Shiller PE Ratio:
  • GF Value™: R$28.56 vs. price of R$13.58 (52.5% below fair value)
  • GF Score™: 55/100 with 2 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.
55GF Score

Get the complete analysis for BSP:Z2LL34

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

R$13.58
Price
R$28.56
GF Value