ZIMMER BIOMET HOLDINGS, INC. (ZBH)
Orthopedic, Prosthetic & Surgical Appliances & Supplies
Latest Price
$93.93
TTM P/E
24.33
Normalized P/E
28.82
Div Yield
1.02%
Book Value
64.99
P/B Ratio
1.45
Valuation metrics
adjust assumptions →EPS: $3.55
Book value / share: $63.90
Formula: √(22.5 × EPS × BVPS)
Graham Number
$71.44
24% 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
83% 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
12% downside
EPS: $3.55
Target P/E: 29×
Formula: EPS × P/E
P/E Fair Value
$102.95
+10% upside
Institutional Ownership
96.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| Dodge & Cox | 23.54M | $2.13B | 12.07% | +35.9K | 2026-03-31 |
| BlackRock, Inc. | 15.34M | $1.39B | 7.87% | -263.7K | 2026-03-31 |
| HARRIS ASSOCIATES L P | 12.96M | $1.17B | 6.65% | +695.2K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 12.79M | $1.16B | 6.56% | -- | 2026-03-31 |
| Capital International Investors | 9.12M | $824.0M | 4.68% | +1.99M | 2026-03-31 |
| STATE STREET CORP | 8.83M | $800.0M | 4.53% | -1.8K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 8.65M | $782.0M | 4.44% | -- | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 8.00M | $723.0M | 4.10% | -5.63M | 2026-03-31 |
| FRANKLIN RESOURCES INC | 5.45M | $493.0M | 2.80% | -1.23M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 5.38M | $484.0M | 2.76% | +145.7K | 2026-03-31 |