Zscaler price to sales ratio ZS

Market value divided by revenue over the last twelve months, since 2019.

Today, Oct 23, 2026: 12.4×
8-year median: 18.5×
Against its 8-year history: 15th; percentile: 0 is its lowest day, 100 its highest
8-year range: 6.3× to 76.0×
Peer median: 9.3×

Zscaler's price to sales ratio is 12.4× as of Oct 23, 2026.

That is below its 8-year median of 18.5×, lower than on 85% of days in the last 8 years.

Over that time it ranged from 6.3× in Apr 2026 to 76.0× in Nov 2021.

The median for 10 infrastructure software stocks of a similar size is 9.3×.

Price to sales ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.4×	6.3×	12.4×
2025	13.0×	11.2×	19.6×
2024	12.3×	11.7×	21.5×
2023	18.7×	9.6×	18.7×
2022	13.3×	12.9×	50.3×
2021	59.1×	41.9×	76.0×
2020	55.8×	15.0×	57.4×
2019	18.3×	17.7×	40.6×

Against its peers

Companies in Software - Infrastructure nearest Zscaler's size, closest first, today.

Company	Price to sales ratio
ZSZscaler	12.4×
TWLOTwilio	7.2×
XYZBlock	1.8×
OKTAOkta	12.1×
MDBMongoDB	10.7×
VRSNVeriSign	15.9×
CPAYCorpay	5.3×
RBRKRubrik	17.3×
IOTSamsara	14.2×
FFIVF5	7.8×
PTCPTC	7.1×
Peer median	9.3×

What the price to sales ratio tells you

Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.

Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.

More on Zscaler

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.