CLBT vs PANW vs ZS Stock Comparison

Cellebrite DI, Palo Alto Networks and Zscaler Prices as of Oct 29, 2026 Peers: Industry group
CLBT Cellebrite DI Ltd.
$12.28 +12.4% 1M -29.4% 1Y
Market cap
$2.94B
P/E
50.0x
Revenue (TTM)
$514.29M
Div. yield
–
Cybersecurity Software Technology
4 wins
PANW Palo Alto Networks Inc
$380.57 -2.0% 1M +75.2% 1Y
Market cap
$274.48B
P/E
894.1x
Revenue (TTM)
$11.48B
Div. yield
–
Cybersecurity Software Technology
5 wins
ZS Zscaler, Inc.
$247.82 +24.9% 1M -22.8% 1Y
Market cap
$38.06B
P/E
–
Revenue (TTM)
—
Div. yield
–
Cybersecurity Software Technology

Head to Head

9 decided of 12

Palo Alto Networks leads on 5 of the 12 questions below (Palo Alto Networks 5, Cellebrite DI 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLBTPANWZSLeader
Larger companyMarket capitalisation $2.94B $274.48B $38.06B PANW
Cheaper on earningsLower P/E, profitable companies only 50.0x 894.1x -628.5x CLBT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 45.5x 87.1x 54.5x CLBT
Faster revenue growthRevenue growth, trailing twelve months +17.8% +24.5% — PANW
More profitableNet margin, trailing twelve months 11.4% 2.7% — CLBT
Better return on capitalReturn on invested capital 7.9% — — –
Less leveragedLower net debt / EBITDA -3.5x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -29.4% +75.2% -22.8% PANW
Better 5-year returnAnnualised price return, 5 years +1.9%/yr +35.0%/yr -4.9%/yr PANW
Less volatileAnnualised volatility, 1 year 63.7% 49.7% 71.2% PANW
Higher overall scoreMean of the five percentile scores vs peers 70/100 50/100 — CLBT

Percentile Scorecard

CLBTPANWZS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLBTPANWZS
Valuation 79 #27 of 124 43 #71 of 124 16 #104 of 124
Growth 78 #26 of 113 37 #72 of 113 –
Profitability 91 #11 of 109 75 #28 of 109 –
Financial Health 65 #45 of 127 39 #78 of 127 32 #87 of 127
Shareholder Returns 39 #39 of 63 55 #29 of 63 –
Overall 70 50 –
  • CLBT ranked among 137 companies in Infrastructure Software
  • PANW ranked among 137 companies in Infrastructure Software
  • ZS ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLBTPANWZSSPY
1 month +12.4%-2.0%+24.9% +0.7%
3 months -15.7%+16.9%+67.0% +3.7%
6 months -5.5%+112.2%+89.6% +7.1%
Year to date -31.9%+106.6%+10.2% +12.8%
1 year -29.4%+75.2%-22.8% +11.9%
3 years +84.7%+219.1%+58.0% +85.2%
3 years, per year +22.7%+47.3%+16.5% +22.8%
5 years +9.9%+348.5%-22.3% +67.6%
5 years, per year +1.9%+35.0%-4.9% +10.9%
10 years —+1,406.6%— +262.0%
10 years, per year —+31.2%— +13.7%

Risk

MeasureCLBTPANWZSSPY
Volatility, 1Y 63.7%49.7%71.2% 12.7%
Downside volatility, 1Y 70.2%47.0%82.5% 12.6%
Beta vs S&P 500, 1Y 0.541.260.96 1.00
Return / volatility, 1Y -0.461.51-0.32 0.94
Max drawdown, 5Y -65.1%-36.0%-76.4% -25.4%
From 52-week high -36.3%-9.4%-26.3% -1.2%
52-week high $19.28$419.91$336.27 $779.14
52-week low $10.44$141.67$118.05 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLBTPANWZS
P/E now vs peer median 50.5xmedian 39.0x 928.5xmedian 39.0x -628.5xmedian 39.0x
P/S now vs peer median 6.0xmedian 4.6x 27.0xmedian 4.6x 12.1xmedian 4.6x
EV/EBITDA now vs peer median 35.6xmedian 32.7x 143.5xmedian 32.7x —median 32.7x
P/FCF now vs peer median 19.3xmedian 27.4x 75.4xmedian 27.4x 47.4xmedian 27.4x
P/B now vs peer median 5.7xmedian 3.2x 11.3xmedian 3.2x 15.6xmedian 3.2x
PEG now vs peer median 1.09median 1.23 -64.16median 1.23 —median 1.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLBTPANWZS
Revenue $514.29M $11.48B –
Gross profit $426.66M $8.08B –
Operating income $55.86M $695.00M –
Net income $58.76M $307.00M –
Free cash flow $158.73M $4.11B –
R&D $129.82M $2.55B –
EPS (diluted) $0.24 $0.40 –
Cash & equivalents $141.25M $2.51B $928.35M
Total debt $71.94M – –
Shares (diluted) 249.90M 764.00M 160.22M
Enterprise value $1.68B $259.55B $24.18B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLBTPANWZS
P/E 50.5x 928.5x -628.5x
P/FCF 19.3x 75.4x 47.4x
P/Operating cash flow 19.4x 68.1x –
P/S 6.0x 27.0x 12.1x
P/B 5.7x 11.3x 15.6x
P/Tangible book 7.4x 15.1x 17.0x
EV/EBITDA 35.6x 143.5x –
EV/EBIT 50.0x 441.9x –
EV/Revenue 5.4x 26.8x –
EV/FCF 17.6x 74.7x –
EV/Operating cash flow 17.7x 67.4x –
PEG (3Y EPS CAGR) 1.09 -64.16 –

Growth

14 metrics
MetricCLBTPANWZS
Revenue growth (1Y) 17.8% 24.5% –
Revenue CAGR (3Y) 20.5% 18.5% –
Gross profit growth (1Y) 15.8% 19.3% –
Gross profit CAGR (3Y) 20.9% 17.5% –
Operating income growth (1Y) -9.7% -44.1% –
Operating income CAGR (3Y) 61.2% 21.5% –
Net income growth (1Y) 138.9% -72.9% –
Net income CAGR (3Y) 51.0% -11.3% –
EPS growth (1Y) 132.6% -74.9% –
EPS CAGR (3Y) 46.2% -14.5% –
Operating cash flow growth (1Y) -2.2% 22.5% –
Operating cash flow CAGR (3Y) 34.9% 17.9% –
Free cash flow growth (1Y) -0.9% 18.6% –
Free cash flow CAGR (3Y) 31.9% 16.1% –

Profitability

14 metrics
MetricCLBTPANWZS
Gross margin 83.0% 70.4% –
EBITDA margin 15.2% 18.6% –
Operating margin 10.9% 6.1% –
Pretax margin 14.7% 4.7% –
Net margin 11.4% 2.7% –
FCF margin 30.9% 35.8% –
Operating cash flow margin 30.6% 39.7% –
Return on equity 11.2% 1.1% –
Return on assets 6.0% 0.6% –
Return on invested capital 7.9% – –
Return on capital employed 9.2% 1.9% –
Asset turnover 0.5x 0.2x –
Cash conversion (OCF / net income) 2.7x 14.8x –
Stock comp / revenue 11.1% 15.5% –

Financial Health

11 metrics
MetricCLBTPANWZS
Debt / assets 2.5% – –
Debt / equity 0.0x – –
Net debt / EBITDA -3.5x – –
Debt / FCF 0.2x – –
Liabilities / assets 45.9% 43.3% 67.0%
Equity / assets 54.1% 56.7% 33.0%
Interest coverage – – –
Current ratio 1.6x 0.9x 1.7x
Quick ratio 1.3x 0.7x 1.6x
Cash ratio 0.8x 0.3x 1.2x
Altman Z-score 4.91 9.21 –

Shareholder Returns

7 metrics
MetricCLBTPANWZS
Dividend yield – – –
Net buyback yield -0.4% -0.1% –
Shareholder yield -0.4% -0.1% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLBTPANWZS
Forward P/E 45.5xFY2026 87.1xFY2027 54.5xFY2027
EPS, next fiscal year $0.27FY2026 $4.37FY2027 $4.55FY2027
EPS growth, next FY -12.9%FY2026 +13.8%FY2027 +8.1%FY2027
EPS growth, the year after +33.3% +16.5% +27.0%
Revenue, next fiscal year $593.75MFY2026 $13.37BFY2027 $4.07BFY2027
Revenue growth, next FY +24.8%FY2026 +16.5%FY2027 +21.5%FY2027
Revenue growth, the year after +14.1% +12.7% +19.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLBTPANWZS
Held by institutions 51.4% 82.1% 51.4%
Institutions holding 199 2,916 735
Change in shares held, QoQ -1.4% +6.6% -3.9%
Institutions buying 117 1,548 417
Institutions selling 60 1,126 236
Buyers to sellers 1.95 1.37 1.77

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLBTPANWZS
CLBT 1.00 0.34 0.35
PANW 0.34 1.00 0.62
ZS 0.35 0.62 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLBT, PANW and ZS?

Palo Alto Networks (PANW) is the largest by market capitalisation: Cellebrite DI (CLBT) $2.94B, Palo Alto Networks (PANW) $274.48B, Zscaler (ZS) $38.06B.

Which stock is cheaper, CLBT, PANW and ZS?

Cellebrite DI (CLBT) trades on the lowest price-to-earnings ratio (Cellebrite DI (CLBT) 50.0x, Palo Alto Networks (PANW) 894.1x, Zscaler (ZS) -628.5x). On next year's consensus earnings, Cellebrite DI (CLBT) is cheapest (Cellebrite DI (CLBT) 45.5x, Palo Alto Networks (PANW) 87.1x, Zscaler (ZS) 54.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Palo Alto Networks (PANW) grew revenue fastest over the trailing twelve months: Cellebrite DI (CLBT) +17.8%, Palo Alto Networks (PANW) +24.5%.

Which company is more profitable?

Cellebrite DI (CLBT) has the highest net margin (Cellebrite DI (CLBT) 11.4%, Palo Alto Networks (PANW) 2.7%).

Which stock has performed better?

Over the past year Palo Alto Networks (PANW) returned the most: Cellebrite DI (CLBT) -29.4%, Palo Alto Networks (PANW) +75.2%, Zscaler (ZS) -22.8%. Over five years, Palo Alto Networks (PANW) compounded fastest (Cellebrite DI (CLBT) +1.9%/yr, Palo Alto Networks (PANW) +35.0%/yr, Zscaler (ZS) -4.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Palo Alto Networks (PANW) has been the steadiest (Cellebrite DI (CLBT) 63.7%, Palo Alto Networks (PANW) 49.7%, Zscaler (ZS) 71.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLBT, PANW and ZS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Palo Alto Networks (PANW) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.