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Zimmer Biomet Holdings, Inc. (ZBH)

Orthopedic, Prosthetic & Surgical Appliances & Supplies

Latest Price
$88.83
TTM P/E
21.56
Normalized P/E
26.67
Div Yield
1.08%
Book Value
65.25
P/B Ratio
1.36

Valuation metrics

adjust assumptions →
EPS: $3.55
Book value / share: $63.90
Formula: √(22.5 × EPS × BVPS)
Graham Number
$71.44
20% downside
Norm. op. income: $1.1B (median of 7yr)
Tax rate: 13%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$16.35
82% downside
Base FCF: $1.3B (median of recent 5yr)
Growth: 5%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$82.85
7% downside
EPS: $3.55
Target P/E: 27×
Formula: EPS × P/E
P/E Fair Value
$95.85
+8% upside

Institutional Ownership

100.0% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
Dodge & Cox24.12M$2.08B12.46%+582.0K2026-06-30
BlackRock, Inc.15.61M$1.34B8.07%+274.0K2026-06-30
Harris Associates L P12.74M$1.10B6.58%-221.9K2026-06-30
Vanguard Capital Management LLC12.63M$1.09B6.53%-158.5K2026-06-30
Capital International Investors12.18M$1.05B6.29%+3.06M2026-06-30
State Street Corp8.88M$766.0M4.59%+52.0K2026-06-30
Vanguard Portfolio Management LLC8.44M$726.0M4.36%-208.5K2026-06-30
Geode Capital Management, LLC5.35M$458.0M2.76%-30.3K2026-06-30
Price T Rowe Associates Inc4.80M$412.0M2.48%-3.20M2026-06-30
Invesco Ltd.3.98M$342.0M2.06%+374.4K2026-06-30
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