Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
196.60
-2.18 (-1.10%)
At close: Oct 2, 2026, 4:00 PM EDT
196.58
-0.02 (-0.01%)
After-hours: Oct 2, 2026, 7:59 PM EDT
Zscaler Ratios and Metrics
Market cap in millions USD. Fiscal year is August - July.
Millions USD. Fiscal year is Aug - Jul.
Total Valuation
Fiscal Quarter | Current | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 2, 2026 | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
| 32,057 | 24,450 | 21,012 | 31,896 | 52,420 | 44,460 | 34,994 | 31,085 | 27,569 | 27,109 | 25,916 | 34,958 | 23,354 | 23,398 | 13,075 | 17,905 | 22,044 | 21,997 | 28,604 | 36,016 | 44,237 | |
Market Cap Growth (YoY) | -33.50% | -45.01% | -39.95% | 2.61% | 90.14% | 64.01% | 35.03% | -11.08% | 18.05% | 15.86% | 98.21% | 95.24% | 5.94% | 6.37% | -54.29% | -50.29% | -50.17% | -31.93% | 12.14% | 34.40% | 145.19% |
Enterprise Value | 30,450 | 22,780 | 19,366 | 30,411 | 50,644 | 42,684 | 33,353 | 29,616 | 26,401 | 26,111 | 24,695 | 33,858 | 22,473 | 22,646 | 12,386 | 17,300 | 21,359 | 21,345 | 27,972 | 35,410 | 43,699 |
Last Close Price | 196.60 | 151.20 | 130.68 | 200.01 | 331.14 | 285.56 | 226.17 | 202.59 | 180.79 | 179.35 | 172.94 | 235.67 | 158.69 | 160.38 | 90.10 | 124.16 | 154.10 | 155.06 | 202.74 | 257.11 | 318.86 |
Price Ratios
Fiscal Quarter | Current | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 2, 2026 | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
PE Ratio | - | - | - | - | - | - | - | - | - | - | -352.59 | - | - | - | - | - | - | - | - | - | - |
Forward PE | 40.06 | 34.07 | 30.90 | 51.32 | 90.03 | 82.54 | 70.23 | 66.39 | 62.75 | 58.41 | 60.73 | 94.07 | 70.88 | 79.69 | 51.27 | 93.35 | 132.18 | 167.47 | 287.05 | 282.00 | 282.00 |
PS Ratio | 9.56 | 7.29 | 6.62 | 10.63 | 18.50 | 16.63 | 13.74 | 12.84 | 11.99 | 12.51 | 12.77 | 18.44 | 13.28 | 14.47 | 8.84 | 13.28 | 18.13 | 20.16 | 29.49 | 41.90 | 58.13 |
PB Ratio | 12.34 | 9.41 | 8.88 | 14.53 | 26.44 | 24.71 | 19.39 | 19.34 | 19.30 | 21.28 | 23.71 | 36.46 | 28.92 | 32.27 | 21.75 | 33.87 | 51.11 | 38.37 | 53.81 | 66.78 | 83.44 |
P/TBV Ratio | 27.87 | 21.26 | 19.75 | 32.36 | 69.29 | 33.72 | 26.52 | 27.77 | 29.24 | 34.59 | 43.39 | 41.93 | 34.28 | 38.80 | 27.47 | 43.04 | 69.79 | 48.10 | 65.15 | 80.42 | 100.81 |
P/FCF Ratio | 37.61 | 28.69 | 21.81 | 33.69 | 56.68 | 55.01 | 45.34 | 40.34 | 38.43 | 42.67 | 43.93 | 65.41 | 47.27 | 64.08 | 38.67 | 58.60 | 81.93 | 87.08 | 141.94 | 171.15 | 225.63 |
P/OCF Ratio | 28.38 | 21.64 | 19.09 | 28.63 | 48.12 | 45.72 | 37.82 | 35.02 | 32.42 | 34.76 | 36.39 | 54.01 | 39.27 | 50.61 | 30.44 | 44.95 | 61.73 | 68.33 | 108.55 | 138.72 | 182.97 |
PEG Ratio | 1.94 | 1.47 | 1.24 | 2.24 | 3.91 | 4.43 | 3.49 | 2.96 | 2.39 | 1.55 | 1.45 | 2.31 | 1.35 | 1.51 | 1.05 | 2.08 | 2.98 | 3.71 | 8.10 | 8.51 | 11.35 |
EV Ratios
Fiscal Quarter | Current | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 2, 2026 | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
EV/Sales Ratio | 9.08 | 6.80 | 6.10 | 10.13 | 17.88 | 15.97 | 13.10 | 12.23 | 11.48 | 12.05 | 12.17 | 17.86 | 12.78 | 14.01 | 8.37 | 12.83 | 17.57 | 19.57 | 28.84 | 41.20 | 57.42 |
EV/EBITDA Ratio | 694.42 | 519.49 | 1371.03 | - | 7018.28 | -15019.02 | -7479.92 | - | - | -821.73 | -451.00 | - | - | - | - | - | - | - | - | - | - |
EV/FCF Ratio | 35.73 | 26.73 | 20.10 | 32.12 | 54.76 | 52.81 | 43.21 | 38.43 | 36.80 | 41.10 | 41.86 | 63.36 | 45.49 | 62.02 | 36.63 | 56.61 | 79.39 | 84.49 | 138.81 | 168.27 | 222.88 |
Financial Efficiency
Fiscal Quarter | Current | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 2, 2026 | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Debt / Equity Ratio | 0.72 | 0.72 | 0.79 | 0.85 | 0.93 | 1.00 | 0.68 | 0.77 | 0.87 | 0.98 | 1.14 | 1.29 | 1.52 | 1.68 | 2.02 | 2.30 | 2.83 | 1.82 | 1.89 | 1.84 | 1.85 |
Debt / EBITDA Ratio | 11.05 | 6.78 | 12.11 | 37.98 | 15.38 | 13.76 | 11.73 | 41.53 | 21.12 | 11.99 | 9.81 | - | - | - | - | - | - | - | - | - | - |
Debt / FCF Ratio | 2.19 | 2.19 | 1.94 | 1.97 | 1.99 | 2.22 | 1.59 | 1.61 | 1.73 | 1.96 | 2.11 | 2.32 | 2.48 | 3.34 | 3.60 | 3.98 | 4.53 | 4.14 | 4.99 | 4.70 | 4.99 |
Net Debt / Equity Ratio | -0.62 | -0.62 | -0.71 | -0.75 | -0.75 | -0.99 | -0.98 | -1.02 | -1.03 | -0.92 | -0.91 | -1.27 | -1.36 | -1.22 | -1.25 | -1.30 | -1.40 | -1.20 | -1.23 | -1.17 | -1.14 |
Net Debt / EBITDA Ratio | -36.63 | -36.63 | -118.30 | -238.49 | -205.74 | 624.85 | 398.39 | -232.88 | 190.28 | 36.75 | 18.21 | 11.55 | 8.58 | 5.74 | 3.44 | 2.66 | 2.15 | 2.36 | 2.41 | 2.73 | 2.97 |
Net Debt / FCF Ratio | -1.88 | -1.88 | -1.73 | -1.74 | -1.60 | -2.20 | -2.30 | -2.13 | -2.05 | -1.84 | -1.69 | -2.28 | -2.23 | -2.41 | -2.22 | -2.26 | -2.25 | -2.71 | -3.24 | -3.00 | -3.09 |
Asset Turnover | 0.48 | 0.49 | 0.49 | 0.49 | 0.49 | 0.52 | 0.53 | 0.53 | 0.53 | 0.54 | 0.56 | 0.55 | 0.54 | 0.54 | 0.53 | 0.50 | 0.48 | 0.46 | 0.44 | 0.41 | |
Quick Ratio | 1.57 | 1.57 | 1.72 | 1.75 | 1.68 | 1.89 | 1.15 | 1.12 | 1.06 | 1.01 | 1.62 | 1.86 | 1.83 | 1.75 | 1.82 | 1.88 | 1.89 | 1.88 | 2.12 | 2.26 | 2.46 |
Current Ratio | 1.70 | 1.70 | 1.86 | 1.90 | 1.82 | 2.01 | 1.24 | 1.20 | 1.15 | 1.09 | 1.75 | 1.98 | 1.96 | 1.88 | 1.96 | 2.01 | 2.01 | 1.99 | 2.24 | 2.38 | 2.59 |
Return on Equity (ROE) | -0.54% | -2.43% | -6.57% | -2.46% | -3.90% | -0.97% | -2.04% | -3.57% | -5.03% | 7.46% | -12.89% | -17.48% | -18.50% | -32.60% | -47.88% | -54.28% | -70.71% | -75.75% | -75.11% | -68.59% | |
Return on Assets (ROA) | -0.30% | -1.00% | -1.91% | -1.18% | -1.11% | -1.23% | -2.07% | -1.63% | -1.51% | -0.18% | -3.00% | -3.18% | -3.18% | -4.04% | -5.55% | -6.09% | -7.64% | -8.75% | -8.94% | -8.21% | |
Return on Invested Capital (ROIC) | 0.24% | -4.47% | -9.65% | -11.72% | -100.08% | - | - | -93.42% | -26.67% | - | - | - | - | - | - | - | - | - | - | - | |
Return on Capital Employed (ROCE) | -2.40% | -2.40% | -2.90% | -3.00% | -2.90% | -3.10% | -5.70% | -5.10% | -6.10% | -7.60% | -5.50% | -7.90% | -9.50% | -11.00% | -13.90% | -16.50% | -18.60% | -19.20% | -19.30% | -16.90% | -15.30% |
Yields
Fiscal Quarter | Current | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 2, 2026 | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Earnings Yield | -0.20% | -0.26% | -0.37% | -0.21% | -0.08% | -0.09% | -0.11% | -0.05% | -0.13% | -0.21% | -0.28% | -0.40% | -0.72% | -0.86% | -2.06% | -1.81% | -1.67% | -1.77% | -1.31% | -0.92% | -0.67% |
FCF Yield | 2.66% | 3.49% | 4.58% | 2.97% | 1.76% | 1.82% | 2.21% | 2.48% | 2.60% | 2.34% | 2.28% | 1.53% | 2.11% | 1.56% | 2.59% | 1.71% | 1.22% | 1.15% | 0.70% | 0.58% | 0.44% |
Buyback Yield / Dilution | -3.77% | -3.44% | -3.77% | -3.91% | -3.96% | -3.30% | -0.54% | -3.17% | -3.34% | -3.46% | -6.00% | -3.07% | -2.89% | -2.86% | -2.78% | -2.84% | -3.00% | -3.32% | -3.69% | -4.07% | -4.38% |