Zscaler (ZS) Price to Book (2018 - 2026)
Zscaler's Price to Book was 9.49 in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 62.2% from 25.12 a year earlier.
Powered by 
Analysis
Zscaler (ZS) Price to Book (2018 - 2026) Analysis & Trends
From fiscal Q3 2018 onward, Zscaler has reported Price to Book for 33 quarters.
- In earlier fiscal years, Price to Book was 25.12 in FY2025 (+17.0%), 21.47 in FY2024 (-34.1%), 32.55 in FY2023 (-15.9%) and 38.69 in FY2022 (-37.4%).
- The fiscal Q4 2026 figure marks the lowest quarterly Price to Book since fiscal Q4 2018.
- Compared with a year earlier, Price to Book was higher in two of the last seven quarters, with an average decline of 18.8%.
- The best year-over-year quarter for Price to Book over five years was fiscal Q1 2022 (growth of 127.5%); the worst was fiscal Q4 2026 (a decline of 62.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 261.23 Bn | 246.30 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 233.89 Bn | 214.29 Bn | 1.10 Bn |
| 3 | Fortinet | 125.38 Bn | 111.31 Bn | 1.64 Bn |
| 4 | Snowflake | 108.45 Bn | 95.77 Bn | 1.04 Bn |
| 5 | Datadog | 88.65 Bn | 70.29 Bn | 881.34 Mn |
| 6 | Zscaler | 33.05 Bn | 19.16 Bn | - |
| 7 | Okta | 32.99 Bn | 23.09 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.35 Bn | 26.87 Bn | 546.45 Mn |
| 9 | MongoDB | 27.25 Bn | 17.72 Bn | 569.77 Mn |
| 10 | F5 | 25.14 Bn | 19.55 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.49 |
| Jan 31, 2026 | 14.62 |
| Oct 31, 2025 | 26.64 |
| Jul 31, 2025 | 25.12 |
| Apr 30, 2025 | 19.51 |
| Jan 31, 2025 | 19.50 |
| Oct 31, 2024 | 19.42 |
| Jul 31, 2024 | 21.47 |
| Apr 30, 2024 | 23.94 |
| Jan 31, 2024 | 36.81 |
| Oct 31, 2023 | 29.15 |
| Jul 31, 2023 | 32.55 |
| Apr 30, 2023 | 21.86 |
| Jan 31, 2023 | 34.08 |
| Oct 31, 2022 | 51.53 |
| Jul 31, 2022 | 38.69 |
| Apr 30, 2022 | 54.10 |
| Jan 31, 2022 | 67.24 |
| Oct 31, 2021 | 84.21 |
| Jul 31, 2021 | 61.85 |
API Access
Zscaler Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ZS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();