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Tuesday 3 November 2026 Export ZS’s income statement to Excel — free account

Zscaler, Inc.

ZS Technology Software Infrastructure

Zscaler, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $3.4 billion, up 25.4% from fiscal 2025.

Revenue
+24.9%
EPS
+81.8%
Free cash flow
−64.7%
Total debt
−0.26%

Quarter to July 2026, against a year earlier

226.28 2.49 +1.11%
Market cap
$36.5B
P/E
0.0×
Fwd P/E
8,874×
Dividend yield
—
F-score
3/9
Altman Z
3.22
Beneish M
−2.70
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Zscaler, Inc. (ZS) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Zscaler, Inc. (ZS) trades at a P/B ratio of 14.0×. Over the past ten years it has ranged from 0.0× (April 2018) to 96.9× (November 2021); the current reading is higher than 16% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 9.3× (61.95%)
FY2025 24.5× 16.38%
FY2024 21.1× (34.32%)
FY2023 32.1× (15.02%)
FY2022 37.7× (38.47%)
FY2021 61.3× 77.01%
FY2020 34.6× 2.63%
FY2019 33.7× 259.42%
FY2018 9.4× —
FY2017 0.0× —

Quarterly newest first

Period P/B ratio Change
Jul 2026 9.3× 5.04%
Apr 2026 8.9× (39.16%)
Jan 2026 14.6× (44.94%)
Oct 2025 26.5× 8.11%
33 more quarters

Against its own ten years

Low 0.0× High 96.9×
Ten-year median 28.1×
Current reading's percentile 14

P/B ratio against peers

Company P/B ratio
VRSN VeriSign, Inc. compare n/m
XYZ Block, Inc. compare 2.0×
TWLO Twilio Inc. compare 3.6×
NBIS Nebius Group N.V. compare 4.1×
OKTA Okta, Inc. compare 4.7×
CRWV CoreWeave Inc. compare 5.9×
CPAY Corpay, Inc. compare 7.4×
ZS Zscaler, Inc. 14.0×
NTAP NetApp, Inc. compare 25.0×
Software Infrastructure industry median 2.9×
Technology sector median 2.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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