Zebra Technologies Corporation ZBRA

370.04 4.94 1.35% as of 25 Sep
Market cap
$17.3B
P/E
33.6×
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Zebra Technologies Corporation (ZBRA) P/E ratio

As of 25 September 2026, Zebra Technologies Corporation (ZBRA) trades at a P/E ratio of 33.6×. Over the past ten years it has ranged from 0.0× (September 2017) to 445× (March 2018); the current reading is higher than 66% of that period. That is in line with the Communication Equipment industry median of 33.6× and above the Technology sector median of 29.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 29.5× (21.60%)
FY2024 37.7× (19.01%)
FY2023 46.5× 58.25%
FY2022 29.4× (22.65%)
FY2021 38.0× (6.64%)
FY2020 40.7× 60.34%
FY2019 25.4× 25.34%
FY2018 20.3× (93.55%)
FY2017 314× —
FY2016 0.0× —

Quarterly

Period P/E ratio Change
Jun 2026 23.9× (4.85%)
Mar 2026 25.1× (14.93%)
Dec 2025 29.5× (0.69%)
Sep 2025 29.7× 2.83%
42 more quarters

Against its own ten years

Low 0.0× High 445×
Ten-year median 28.4×
Current reading's percentile 66

P/E ratio against peers

Company P/E ratio
VIAV Viavi Solutions Inc. compare n/m
ASTS AST SpaceMobile, Inc. compare n/m
VSAT Viasat Inc. compare n/m
AAOI Applied Optoelectronics, Inc. compare n/m
NOK Nokia Corporation compare 5.6×
ERIC Ericsson compare 12.2×
ZBRA Zebra Technologies Corporation 33.6×
UI Ubiquiti Inc. compare 35.3×
CIEN Ciena Corporation compare 77.3×
Communication Equipment industry median 33.6×
Technology sector median 29.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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