ZG Historical PE Ratio Notes

— Zillow Group (ticker symbol ZG) is a leading online real estate marketplace that connects buyers, sellers, renters, & real estate professionals through its digital platforms. Founded in 2006, the company operates websites & mobile apps that offer property listings, home value estimates (“Zestimates”), and a suite of related services such as advertising, mortgage information, & data analytics. Originally, Zillow focused on providing information and lead generation for real estate agents, but it has undergone several strategic pivots, most notably a foray into buying & selling homes directly (the Zillow Offers program) which was discontinued in 2021. These business model shifts, along with fluctuating profitability in the highly cyclical real estate sector, have impacted Zillow Group's historical price-to-earnings (PE) ratio. At times, especially when the company invested heavily in growth or experienced nonrecurring losses, its PE ratio has been extremely high or even negative. When analyzing ZG's historical PE ratio charts & tables, consider periods of major operational change (like the Zillow Offers era), macroeconomic conditions (such as interest rate movements affecting the real estate market), & investor sentiment about long-term digital transformation in real estate, all of which have contributed to significant volatility in both earnings and valuation multiples over time.

On this page we presented the Zillow Gr Historical PE Ratio information for Zillow Gr' stock. The average ZG historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 66.0. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ZG historical PE based on this TTM earnings result method is 72.6. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this ZG historical PE result, against the recent PE: when this page was posted on 7/8/2026, the most recent closing price for ZG had been 32.13, and the most recent quarterly earnings result, annualized, was 2.12. Meanwhile, the most recent TTM earnings summed to 1.76. From these numbers, we calculate the recent ZG PE on 7/8/2026 based on annualized quarterly EPS was 15.2. Based on ZG's history, that recent PE is low relative to the historical average, with the recent PE 77.0% lower than the historical average PE across our data set for Zillow Gr. Looking at the recent ZG PE on 7/8/2026 based on TTM EPS, we calculate the ratio at 18.3. Based on ZG's history, that recent PE is low relative to the historical average, with the recent PE 74.8% lower than the average PE across our Zillow Gr data set with TTM EPS used in the calculation at each period.

Another interesting ZG historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ZG, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ZG, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.39, 0.40, 0.44, and 0.53. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.40 and 0.44 — which gives us the median of 0.42. Basically the way to think about this 0.42 number is this: for the trailing four earnings reports, 0.42 marks the "middle ground" number where ZG has reported a value higher than 0.42 half the time, and has reported a value lower than 0.42 half the time. Annualizing that median value then gets us to 1.68/share, which we use as the denominator in our next PE calculation. With 32.13 as the numerator (as of 7/8/2026), the calculation is then 32.13 / 1.68 = 19.1 as the ZG PE ratio as of 7/8/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ZG or any other given stock, valuation analysis for ZG can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Zillow Gr PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for ZG. Thanks for visiting, and the next time you need to research ZG Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.