Zebra Technologies Corporation ZBRA
- Market cap
- $17.3B
- P/E
- 33.6×
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Zebra Technologies Corporation (ZBRA) P/B ratio
As of 25 September 2026, Zebra Technologies Corporation (ZBRA) trades at a P/B ratio of 5.1×. Over the past ten years it has ranged from 2.8× (March 2026) to 12.8× (February 2021); the current reading is higher than 39% of that period. That is above the Communication Equipment industry median of 2.4× and above the Technology sector median of 3.0×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 3.4× | (37.99%) |
| FY2024 | 5.5× | 22.30% |
| FY2023 | 4.5× | (8.76%) |
| FY2022 | 5.0× | (53.37%) |
| FY2021 | 10.7× | 11.28% |
| FY2020 | 9.6× | 27.74% |
| FY2019 | 7.5× | 17.32% |
| FY2018 | 6.4× | (3.05%) |
| FY2017 | 6.6× | 17.38% |
| FY2016 | 5.6× | 41.22% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 3.7× | 23.82% |
| Mar 2026 | 3.0× | (14.12%) |
| Dec 2025 | 3.4× | (14.63%) |
| Sep 2025 | 4.0× | (7.23%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| VSAT Viasat Inc. compare | 2.1× |
| NOK Nokia Corporation compare | 2.3× |
| ERIC Ericsson compare | 2.8× |
| AAOI Applied Optoelectronics, Inc. compare | 5.0× |
| ZBRA Zebra Technologies Corporation | 5.1× |
| VIAV Viavi Solutions Inc. compare | 6.4× |
| ASTS AST SpaceMobile, Inc. compare | 7.7× |
| CIEN Ciena Corporation compare | 16.6× |
| UI Ubiquiti Inc. compare | 23.6× |
| Communication Equipment industry median | 2.4× |
| Technology sector median | 3.0× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ZBRA
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement