Zebra Technologies PE ratio ZBRA

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: 35.4×
9-year median: 31.1×
Against its 9-year history: 63rd; percentile: 0 is its lowest day, 100 its highest
9-year range: 16.3× to 448×
Peer median: 42.4×

Zebra Technologies' PE ratio is 35.4× as of Oct 23, 2026: a share price of $386.45 against $10.92 of earnings per share over the last twelve months.

That is above its 9-year median of 31.1×, close to the middle of its last 9 years.

Over that time it ranged from 16.3× in Oct 2023 to 448× in Mar 2018.

The median for 10 communication equipment stocks of a similar size is 42.4×.

PE ratio over time

median 31.1×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	35.4×	23.7×	35.6×
2025	24.8×	22.0×	56.3×
2024	52.8×	27.4×	84.4×
2023	30.4×	16.3×	39.3×
2022	29.2×	19.1×	37.7×
2021	38.0×	35.2×	54.9×
2020	43.9×	17.8×	43.9×
2019	28.5×	21.8×	31.1×
2018	27.3×	25.6×	448×
2017	n/m a value too high to mean anything
2016	n/m a value too high to mean anything
2015	145×	31.3×	151×
2014	31.6×	21.2×	31.6×
2013	21.8×	17.2×	21.8×
2012	16.6×	11.5×	16.8×
2011	11.8×	10.9×	17.7×

Against its peers

Companies in Communication Equipment nearest Zebra Technologies' size, closest first, today.

Company	PE ratio
ZBRAZebra Technologies	35.4×
FNFabrinet	24.1×
UIUbiquiti	37.1×
CIENCiena	71.5×
ESEEsco Technologies	19.2×
LITELumentum	n/m
MSIMotorola Solutions	38.0×
ONDSOndas	88.6×
EXTRExtreme Networks	70.9×
DGIIDigi International	59.5×
ATENA10 Networks	42.4×
Peer median	42.4×

Where Zebra Technologies ranks

#6of 14Communication equipment stocks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Zebra Technologies

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.