Zscaler, Inc. Common Stock (ZS) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Z...
Zscaler, Inc. Common Stock (ZS) currently trades at a P/S ratio of 10.65 (range: 6.23–83.11, 14th percentile — cheap relative to its history).
Zscaler, Inc. Common Stock trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/S Ratio | 10.65 | 14.77 | 14th | cheap relative to its history |
| FCF Yield | 2.85% | 1.76% | 87th | cheap relative to its history |
Zscaler, Inc. Common Stock (ZS) Valuation & P/E History
Zscaler, Inc. Common Stock (ZS) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Programming Services industry currently trading at $205.24 with a market capitalization of $33.5 billion. This page provides historical valuation analysis for ZS based on 1279 data points covering 2021-09-14 to 2026-10-16.. The P/S ratio of 10.65 compares to a median of 14.77.
ZS Valuation Metrics & Historical Range
The valuation table above shows Zscaler, Inc. Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ZS is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ZS is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Zscaler, Inc. Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ZS Overvalued or Undervalued?
Zscaler, Inc. Common Stock trades well below its historical valuation range across most metrics. The overall valuation percentile of 14 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ZS is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ZS analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ZS trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.