Zillow Group Class Etf Fundamentals

Z Etf  USD 42.24  0.42  1.00%   
Zillow Group Class fundamentals help investors to digest information that contributes to Zillow Group's financial success or failures. It also enables traders to predict the movement of Zillow Etf. The fundamental analysis module provides a way to measure Zillow Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Zillow Group etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Zillow Group Class ETF Price To Earning Analysis

Zillow Group's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

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Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Zillow Group Price To Earning

    
  277.86 X  
Most of Zillow Group's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Zillow Group Class is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, Zillow Group Class has a Price To Earning of 277 times. This is much higher than that of the Interactive Media & Services family and significantly higher than that of the Communication Services category. The price to earning for all United States etfs is notably lower than that of the firm.

Zillow Group Class Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Zillow Group's current stock value. Our valuation model uses many indicators to compare Zillow Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zillow Group competition to find correlations between indicators driving Zillow Group's intrinsic value. More Info.
Zillow Group Class is rated first in price to earning as compared to similar ETFs. It is rated below average in price to book as compared to similar ETFs fabricating about  0.01  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Zillow Group Class is roughly  121.32 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Zillow Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Zillow Group's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Zillow Group's earnings, one of the primary drivers of an investment's value.

Zillow Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zillow Group's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Zillow Group could also be used in its relative valuation, which is a method of valuing Zillow Group by comparing valuation metrics of similar companies.
Zillow Group is currently under evaluation in price to earning as compared to similar ETFs.

Zillow Group ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zillow Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zillow Group's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Zillow Fundamentals

About Zillow Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zillow Group Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zillow Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zillow Group Class based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. Zillow Group is listed under Internet Content Information in the United States and is traded on NASDAQ Exchange exchange.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Zillow Group Piotroski F Score and Zillow Group Altman Z Score analysis.
For more information on how to buy Zillow Etf please use our How to Invest in Zillow Group guide.
Note that the Zillow Group Class information on this page should be used as a complementary analysis to other Zillow Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Zillow Group Class is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow Group's value that differs from its market value or its book value, called intrinsic value, which is Zillow Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zillow Group's market value can be influenced by many factors that don't directly affect Zillow Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zillow Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.