WallStSmart
Z

Zillow Group Inc Class C

NASDAQ: Z · COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION

$43.41
-3.02% today

Updated 2026-04-29

Market cap
$10.73B
P/E ratio
497.33
P/S ratio
4.15x
EPS (TTM)
$0.09
Dividend yield
52W range
$39 – $94
Volume
3.9M

Zillow Group Inc Class C (Z) Stock Valuation Analysis

Fair value estimate, historical valuation range, and quality signals for Z.

WallStSmart Verdict
Overvalued

Current price exceeds what fundamentals support. Risk/reward skewed unfavorably.

Smart Value Score: 46 / 100
P/E (TTM)
497.3x
PEG
0.93
Under 1.0 = undervalued
Margin of Safety
+32.62%
Fair value $67.76 vs $43.41
EV / EBITDA
31.4x

Z historical valuation range

Where current P/E sits in Z's own 5Y range.

Insufficient historical data for 5Y percentile analysis

Z intrinsic value (DCF)

DCF-based fair value estimate vs current market price.

Current price
$43.41
Market value
Intrinsic value
$67.76
DCF estimate
Margin of safety
+32.62%
+56.1% upside to fair value

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.

PEG ratio under 1.0
PEG of 0.93 indicates growth is outpacing the multiple. Traditionally a buy signal for quality compounders.
Strong margin of safety
Current price 32.6% below DCF intrinsic value estimate. Meaningful downside cushion.

P/E Ratio — History

Current: 497.33x

P/S Ratio — History

Current: 4.15x

Is Z overvalued in 2026?

Zillow Group Inc Class C (Z) currently trades at $43.41 per share with a market capitalization of $10,727,861,000.00. Based on our multi-factor framework, the stock appears richly valued with a Smart Value Score of 46/100. 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 497.3x. 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 $67.76 per share, against the current market price of $43.41. This implies a margin of safety of +32.62%. 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 appears richly valued on our framework, with a Smart Value Score of 46/100. At current levels the risk/reward is skewed against the buyer. A materially lower price or significant operational improvement would be needed to change the picture.

Frequently asked questions

Is Z overvalued in 2026?

Based on a Smart Value Score of 46/100, Z appears overvalued. Current price exceeds what fundamentals currently justify.

What is Z's fair value?

Our DCF model estimates Z's intrinsic value at $67.76 per share, versus the current price of $43.41. This produces a margin of safety of +32.62%.

What P/E ratio does Z trade at?

Z trades at a P/E of 497.3x on trailing twelve-month earnings.

Is Z a buy based on valuation?

WallStSmart does not issue buy or sell recommendations. Our Smart Value Score of 46/100 reflects the combined read on growth, quality, and price. The profile skews cautious. Consider waiting for a better price or clearer operational improvement.

How does Z's valuation compare to its history?

Insufficient historical valuation data exists yet for a confident percentile read on Z.

What is Z's Smart Value Score?

Z's Smart Value Score is 46/100. The Smart Value Score is a proprietary WallStSmart metric blending growth quality, financial health, and valuation attractiveness into a single 0-100 read. Scores above 75 are rare and indicate strong multi-factor alignment.