Zillow Group Inc Class C
NASDAQ: Z · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION
Updated 2026-06-05
Zillow Group Inc Class C (Z) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for Z.
Valued
Valuation reasonably reflects current fundamentals. Limited margin of safety at these levels.
Z historical valuation range
Where current P/E sits in Z's own 5Y range.
Z intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
Z valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 128.12x
P/S Ratio — History
Current: 2.72x
Is Z overvalued in 2026?
Zillow Group Inc Class C (Z) currently trades at $40.44 per share with a market capitalization of $7,328,522,000.00. Based on our multi-factor framework, the stock trades at a fair valuation with a Smart Value Score of 61/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 128.1x. The PEG ratio of 0.93 suggests earnings growth is outpacing the multiple, a classic sign of undervaluation.
Our discounted cash flow model estimates Z's intrinsic value at $62.45 per share, against the current market price of $40.44. This implies a margin of safety of +26.89%. A meaningful cushion exists against model error, making this a reasonable risk-adjusted entry.
The Piotroski F-Score of 4/9 puts financial quality in a middling range, neither a standout strength nor an obvious red flag.
Bottom line: Z trades at a fair valuation on our framework, with a Smart Value Score of 61/100. The valuation is defensible but offers no obvious bargain. Patience or a better entry price may reward disciplined buyers.
Frequently asked questions
Is Z overvalued?
Z scores 61/100 on our Smart Value Score (Grade C+), a mixed overall profile. The DCF also shows a positive margin of safety, so price and fundamentals line up reasonably well.
What is Z's fair value?
Our DCF model estimates Z's intrinsic value at $62.45 per share, versus the current price of $40.44, a margin of safety of +26.89%. Fair value is the present value of the cash flows we project the business to produce, so a price below it means the market is pricing the stock below that conservative estimate.
What P/E ratio does Z trade at?
Z trades at a P/E of 128.1x on trailing twelve-month earnings. P/E is what you pay per dollar of profit.
Is Z a buy based on valuation?
Our Smart Value rating for Z is Hold, from a Smart Value Score of 61/100 that blends growth, quality, and valuation. The profile is balanced and best suited to investors who already have a thesis. This is research to inform your decision, not personalized financial advice.
How does Z's valuation compare to its history?
There is not enough historical valuation data yet for a confident percentile read on Z.
What is Z's Smart Value Score?
Z's Smart Value Score is 61/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.