ZTE (ZTCOF) Shiller PE Ratio: 35.83 (As of Aug. 18, 2026) — 37% Below Median

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ZTCOF ZTE Corp ZTCOF
82 GF Score
Price $2.87
GF Value $3.10
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is ZTE Shiller PE Ratio?

ZTE ZTCOF -4.02% 82 Shiller PE Ratio is 35.83 as of Aug. 18, 2026, which is 37% below its 10-year median of 57.05. GuruFocus rates ZTCOF with a GF Score™ of 82/100 and a GF Value™ of $3.10 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,421 Hardware companies, ZTE ranks worse than 56.79% on this metric.

As of today (2026-08-18), ZTE's current share price is $2.866. ZTE's E10 for the quarter that ended in Mar. 2026 was $0.08. ZTE's Shiller PE Ratio for today is 35.83.

The historical rank and industry rank for ZTE's Shiller PE Ratio or its related term are showing as below:

ZTCOF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.37   Med: 57.05   Max: 181.64
Current: 38.33

During the past years, ZTE's highest Shiller PE Ratio was 181.64. The lowest was 27.37. And the median was 57.05.

ZTCOF's Shiller PE Ratio is ranked worse than
56.79% of 1421 companies
in the Hardware industry
Industry Median: 31.51 vs ZTCOF: 38.33

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.

ZTE's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.039. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZTE  (OTCPK:ZTCOF) 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.


ZTE Shiller PE Ratio Related Terms


ZTE Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for ZTE'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.

ZTE Shiller PE Ratio Chart

ZTE 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 93.56 41.72 34.15 46.08 41.52

ZTE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.90 34.65 49.57 41.52 35.42

ZTCOF vs CSCO, MSI, HPE: Shiller PE Ratio Comparison

For the Communication Equipment subindustry, ZTE'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.


ZTE Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, ZTE's Shiller PE Ratio distribution charts can be found below:

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


ZTCOF
82GF Score
ZTE Corp ZTCOF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZTE 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.

ZTE's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2.866/0.08
=35.83

* 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.

ZTE's E10 for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.039/116.3033*116.3033
=0.039

Current CPI (Mar. 2026) = 116.3033.

ZTE Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.029 101.400 0.033
201609 0.039 102.400 0.044
201612 -0.182 102.600 -0.206
201703 0.042 103.200 0.047
201706 0.038 103.100 0.043
201709 0.056 104.100 0.063
201712 0.024 104.500 0.027
201803 -0.204 105.300 -0.225
201806 -0.090 104.900 -0.100
201809 0.020 106.600 0.022
201812 0.009 106.500 0.010
201903 0.030 107.700 0.032
201906 0.020 107.700 0.022
201909 0.089 109.800 0.094
201912 0.034 111.200 0.036
202003 0.026 112.300 0.027
202006 0.031 110.400 0.033
202009 0.028 111.700 0.029
202012 0.050 111.500 0.052
202103 0.072 112.662 0.074
202106 0.064 111.769 0.067
202109 0.059 112.215 0.061
202112 0.033 113.108 0.034
202203 0.074 114.335 0.075
202206 0.073 114.558 0.074
202209 0.068 115.339 0.069
202212 0.039 115.116 0.039
202303 0.081 115.116 0.082
202306 0.082 114.558 0.083
202309 0.069 115.339 0.070
202312 0.043 114.781 0.044
202403 0.079 115.227 0.080
202406 0.087 114.781 0.088
202409 0.064 115.785 0.064
202412 0.015 114.893 0.015
202503 0.070 115.116 0.071
202506 0.077 114.907 0.078
202509 0.008 115.471 0.008
202512 0.007 115.832 0.007
202603 0.039 116.303 0.039

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 35.83 mean?
ZTE (ZTCOF) has a Shiller PE Ratio of 35.83 as of Aug. 18, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ZTE and its competitors. This is 37% below median its historical median of 57.05. Over the past decade, ZTE's Shiller PE Ratio has ranged from 27.37 to 181.64. According to the industry distribution chart, ZTE ranks #807 out of 1421 companies in the Hardware industry, placing it in the top 56.8%.
Is ZTE's Shiller PE Ratio too high?
ZTE's current Shiller PE Ratio of 35.83 is 37% below median its 10-year median of 57.05. Over the past 10 years, this metric has ranged from a low of 27.37 to a high of 181.64. The Hardware industry median Shiller PE Ratio is 31.51. ZTE's value of 35.83 is 13.7% above this industry median. Based on the distribution chart, ZTE ranks #807 out of 1421 companies in the Hardware industry, which is below the industry midpoint. Overall, ZTE has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZTE's Shiller PE Ratio compare to CSCO and MSI?
According to the Hardware industry distribution chart, ZTE ranks #807 out of 1421 companies for Shiller PE Ratio. This places ZTE in the lower half of its industry. The industry median Shiller PE Ratio is 31.51. ZTE's value of 35.83 is 13.7% above this benchmark. Historically, ZTE's own Shiller PE Ratio has ranged from 27.37 to 181.64 over the past decade. While the company's 10-year median is 57.05 vs. the industry median of 31.51, ZTE 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 Shiller PE Ratio for a Hardware company?
The median Shiller PE Ratio among Hardware companies is 31.51, based on 1,421 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ZTE's current Shiller PE Ratio of 35.83 is 13.7% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ZTE and its competitors. For the Hardware industry, the median Shiller PE Ratio is 31.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTE's current Shiller PE Ratio is 35.83, which is 37% below median its own 10-year median of 57.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTE stock overvalued right now?
Based on GuruFocus' analysis, ZTE (ZTCOF) is currently considered Fairly Valued. The stock's GF Value™ is $3.10, compared to a current price of $2.87 — trading 7.5% below its estimated fair value. The current Shiller PE Ratio is 35.83, which is 37% below median its 10-year median of 57.05 and 13.7% above the Hardware industry median of 31.51. ZTE's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For ZTE (ZTCOF), the current Shiller PE Ratio is 35.83 as of Aug. 18, 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 ZTE (ZTCOF) Overvalued in 2026?

Based on GuruFocus' analysis, ZTE stock appears to be undervalued. The current stock price of $2.87 is trading 7.5% below its estimated GF Value™ of $3.10. GuruFocus considers ZTE to be Fairly Valued.

Key valuation signals for ZTCOF:

  • Shiller PE Ratio: 35.83 (37% below median its 10-year median of 57.05)
  • GF Value™: $3.10 vs. price of $2.87 (7.5% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 13.7% above the Hardware median (#807 of 1421)

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


ZTE Business Description

Address ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers networks, government and corporate business, and consumer business. It operates in three segments Carriers network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.
82GF Score

Get the complete analysis for ZTCOF

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

$2.87
Price
$3.10
GF Value