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Zebra Technologies price to book ratio ZBRA

Market value divided by the book value of the company's net assets, since 2010.

Today, Oct 23, 2026
5.3×
10-year median
6.3×
Against its 10-year history
33rd
percentile: 0 is its lowest day, 100 its highest
10-year range
2.8× to 12.8×
Peer median
11.2×

Zebra Technologies' price to book ratio is 5.3× as of Oct 23, 2026.

That is below its ten-year median of 6.3×, lower than on 67% of days in the last ten years.

Over that time it ranged from 2.8× in Mar 2026 to 12.8× in Apr 2021.

The median for 10 communication equipment stocks of a similar size is 11.2×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far5.3×2.8×5.3×
20253.3×3.2×6.3×
20245.9×4.2×6.2×
20234.7×3.5×6.4×
20225.0×4.5×10.1×
202111.3×10.3×12.8×
202010.6×5.2×10.6×
20198.1×6.3×9.4×
20186.9×6.5×9.2×
20176.8×5.8×7.5×
20166.1×2.8×6.1×
20154.0×3.7×5.9×
20143.7×2.9×4.3×
20133.0×2.5×3.0×
20122.4×2.1×2.8×
20112.5×2.1×3.2×
20102.9×2.2×3.0×

Against its peers

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

CompanyPrice to book ratio
ZBRAZebra Technologies5.3×
FNFabrinet4.6×
UIUbiquiti24.7×
CIENCiena14.9×
ESEEsco Technologies3.7×
LITELumentum14.6×
MSIMotorola Solutions29.8×
ONDSOndas2.3×
EXTRExtreme Networks32.4×
DGIIDigi International4.2×
ATENA10 Networks7.8×
Peer median11.2×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Zebra Technologies

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