Based on the latest data from Nov 11, 2026, ZBRA's PEG ratio sits at 1.03. This metric combines a PE of 26.17 with an earnings growth rate of 25.4%.
Looking at the past ten years, ZBRA's PEG ratio has settled around 1.85 on average. At 1.03, today's PEG ratio sits 44% lower than its historical average. Within the past ten years, the Sep 2023 quarter saw the highest PEG reading at 14.58. At 0.01, the Dec 2018 quarter represented the lowest PEG ratio in this timeframe.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 29.47 | -19.6% |
| 2024 | 0.48 | 37.68 | 78.3% |
| 2023 | N/A | 47.54 | -35.1% |
| 2022 | N/A | 28.94 | -43.4% |
| 2021 | 0.58 | 38.01 | 66.1% |
| 2020 | N/A | 40.76 | -6.4% |
| 2019 | 0.9 | 25.34 | 28.2% |
| 2018 | 0.01 | 20.26 | 2,281.8% |
| 2017 | 2.8 | 314.55 | 112.5% |
| 2016 | N/A | N/A | 14.5% |
| 2015 | N/A | N/A | -584.4% |
| 2014 | N/A | 120.95 | -75.8% |
| 2013 | 1.81 | 20.41 | 11.3% |
| 2012 | N/A | 16.52 | -26.5% |
| 2011 | 0.13 | 11.04 | 82% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Oct 2026 | 1.18 | 30.04 | 25.4% |
| Jul 2026 | 6.93 | 24.25 | 3.5% |
| Apr 2026 | N/A | 24.35 | -21.7% |
| Dec 2025 | N/A | 29.47 | -19.6% |
| Sep 2025 | 0.86 | 30.04 | 35% |
| Jun 2025 | 0.21 | 29.04 | 138.8% |
| Mar 2025 | 0.24 | 26.39 | 109.9% |
| Dec 2024 | 0.48 | 37.68 | 78.3% |
| Sep 2024 | N/A | 49.88 | -18% |
| Jun 2024 | N/A | 69.27 | -64.5% |
| Mar 2024 | N/A | 59.46 | -35.8% |
| Dec 2023 | N/A | 47.54 | -35.1% |
| Sep 2023 | 14.58 | 26.25 | 1.8% |
| Jul 2023 | 0.67 | 23.53 | 35.3% |
| Apr 2023 | N/A | 40.25 | -48.2% |
Measured against past performance, ZBRA's PEG ratio comes in under the 3, 5 and 10-year averages.
Zebra Technologies's PEG of 1.03 is higher than the Technology sector and the industry average. In comparison with the Technology sector average of 0.56, Zebra Technologies's PEG is 84% higher.
Relative to its peers, ZBRA's PEG ratio is below DHR's and BRC's yet above HON's.
According to Nov 11, 2026 figures, ZBRA's PEG ratio stands at 1.03.
ZBRA shows a 3-year average PEG ratio of 1.65.
ZBRA shows a 5-year average PEG ratio of 2.68.
ZBRA's PEG ratio topped out at 14.58 during the Sep 2023 quarter - the highest in ten years.
ZBRA currently has a PEG ratio 44% below its 10-year average.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 11, 2026, Zebra Technologies carries a PE ratio of 26.17. Earnings grew at 25.4% over the TTM period ending Oct 2026. Applying the formula, this yields a PEG ratio of 1.03. PEG RATIO(1.03) = PE RATIO(26.17) / EPS GROWTH(25.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.