Zscaler (ZS) Price to Sales (2018 - 2026)
Zscaler's (ZS) quarterly Price to Sales came in at 10.7 in Q1 2026, down 17.32% year-over-year from 12.94 in Q1 2025, and down 42.58% quarter-over-quarter from 18.64 in Q4 2025.
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Analysis
Zscaler (ZS) Price to Sales (2018 - 2026) Analysis & Trends
Zscaler (ZS) has reported Price to Sales for 9 consecutive years, with 10.7 the latest figure, recorded in Q1 2026.
- On a quarterly basis, Price to Sales fell 17.32% year-over-year to 10.7 in Q1 2026; TTM through Jan 2026 was 10.7, a 17.32% decrease from a year earlier, with the FY2026 full-year figure at 7.35, down 56.51% from the prior year.
- Price to Sales was 10.7 for Q1 2026 at Zscaler, down from 18.64 in the prior quarter.
- Over five years, Price to Sales peaked at 42.19 in Q1 2022 and troughed at 8.88 in Q2 2023.
- A 5-year average of 17.05 and a median of 13.83 in 2025 frame the typical range for Price to Sales.
- Across the five-year window, Price to Sales sank 70.05% in 2023 and surged 54.49% in 2025, its largest moves.
- Over 5 years, Price to Sales stood at 18.28 in 2022, then retreated by 26.75% to 13.39 in 2023, then slipped by 9.88% to 12.06 in 2024, then surged by 54.49% to 18.64 in 2025, then slumped by 42.58% to 10.7 in 2026.
- The last three Price to Sales figures came in at 10.7 (Q1 2026), 18.64 (Q4 2025), and 16.91 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 10.70 |
| Oct 31, 2025 | 18.64 |
| Jul 31, 2025 | 16.91 |
| Apr 30, 2025 | 13.83 |
| Jan 31, 2025 | 12.94 |
| Oct 31, 2024 | 12.06 |
| Jul 31, 2024 | 12.62 |
| Apr 30, 2024 | 12.89 |
| Jan 31, 2024 | 18.62 |
| Oct 31, 2023 | 13.39 |
| Jul 31, 2023 | 14.60 |
| Apr 30, 2023 | 8.88 |
| Jan 31, 2023 | 13.36 |
| Oct 31, 2022 | 18.28 |
| Jul 31, 2022 | 20.33 |
| Apr 30, 2022 | 29.65 |
| Jan 31, 2022 | 42.19 |
| Oct 31, 2021 | 58.67 |
| Jul 31, 2021 | 48.60 |
| Apr 30, 2021 | 42.68 |
API Access
Zscaler Price to Sales 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-sales&ticker=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();