Z (Zillow Group) Shiller PE Ratio: (As of Sep. 15, 2026)

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Z Zillow Group Inc Z
64 GF Score
Price $32.52
GF Value $78.83
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  (NAS:Z) 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

Z vs BZ, SNAP, BILI: 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.


Z
64GF Score
Zillow Group Inc Z
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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)
=-0.0176/333.9520*333.9520
=-0.018

Current CPI (Jun. 2026) = 333.9520.

Zillow Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.036 241.428 0.050
201612 -0.129 241.432 -0.179
201703 -0.025 243.801 -0.035
201706 -0.118 244.955 -0.161
201709 0.047 246.819 0.063
201712 -0.407 246.524 -0.552
201803 -0.097 249.554 -0.130
201806 -0.016 251.989 -0.021
201809 -0.002 252.439 -0.003
201812 -0.480 251.233 -0.638
201903 -0.330 254.202 -0.434
201906 -0.350 256.143 -0.456
201909 -0.312 256.759 -0.406
201912 -0.486 256.974 -0.632
202003 -0.775 258.115 -1.003
202006 -0.385 257.797 -0.498
202009 0.163 260.280 0.209
202012 0.191 260.474 0.245
202103 0.200 264.877 0.253
202106 0.037 271.696 0.045
202109 -1.295 274.310 -1.576
202112 -1.028 278.802 -1.231
202203 0.060 287.504 0.070
202206 0.033 296.311 0.037
202209 -0.221 296.808 -0.248
202212 -0.305 296.797 -0.343
202303 -0.094 301.836 -0.104
202306 -0.150 305.109 -0.164
202309 -0.120 307.789 -0.130
202312 -0.313 306.746 -0.341
202403 -0.098 312.332 -0.105
202406 -0.073 314.175 -0.077
202409 -0.086 315.301 -0.091
202412 -0.220 315.605 -0.233
202503 0.031 319.799 0.033
202506 0.008 322.561 0.008
202509 0.039 324.800 0.040
202512 0.012 324.054 0.012
202603 0.192 330.213 0.194
202606 -0.018 333.952 -0.018

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 (Z) Overvalued in 2026?

Based on GuruFocus' analysis, Zillow Group stock appears to be undervalued. The current stock price of $32.52 is trading 58.7% below its estimated GF Value™ of $78.83. GuruFocus considers Zillow Group to be Significantly Undervalued.

Key valuation signals for Z:

  • Shiller PE Ratio:
  • GF Value™: $78.83 vs. price of $32.52 (58.7% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the 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.
64GF Score

Get the complete analysis for Z

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

$32.52
Price
$78.83
GF Value