Zscaler (ZS) Price/OCF Ratio: History & Chart

Zscaler, Inc.(ZS)

Software - Infrastructure · San Jose, CA

$179.23+6.50 (+3.76%)

Delayed quote: Sep 3, 2026, 2:45 PM EDT

About Zscaler, Inc.

Globally recognized, Zscaler, Inc. functions as a leading provider of cloud-based security solutions. Its core offerings include Zscaler Internet Access (ZIA), which ensures secure connectivity for a diverse range of entities – including users, servers, operational technology (OT), and IoT devices – when accessing external resources like software-as-a-service (SaaS) applications and general internet destinations. Complementing this, the Zscaler Private Access (ZPA) solution facilitates secure entry to internal applications residing in private or public clouds and traditional data centers. Zscaler also delivers Zscaler Digital Experience (ZDX), a tool that assesses the complete user journey across various business applications. ZDX then generates a clear, digestible digital experience score for individual users, specific applications, and different locations within an organization. Furthermore, the company's portfolio extends to advanced workload segmentation solutions. This category includes Zscaler Cloud Security Posture Management (CSPM), designed to identify and correct application misconfigurations across SaaS, IaaS, and PaaS environments, thereby minimizing risk and upholding compliance standards. Another key offering is Zscaler Cloud Workload Segmentation, specifically engineered to fortify application-to-application communication within public clouds and data centers. Its objective is to thwart lateral threat propagation, safeguard applications from compromise, and ultimately mitigate the potential for data breaches. The underlying platform is built upon integral components such as the Zscaler Central Authority, Zscaler Enforcement Nodes, and Zscaler Log Servers. Serving a diverse global clientele, Zscaler caters to numerous sectors including aviation and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, as well as technology and telecommunications. Founded in 2007, the company initially operated as SafeChannel, Inc., before rebranding to Zscaler, Inc. in August 2008. Its corporate headquarters are located in San Jose, California.

San Jose, CA

7,923 employees

www.zscaler.com

Technology / Software - Infrastructure

Sector: Technology
Industry: Software - Infrastructure
CEO: Jagtar Singh Chaudhry

View full financials

ZS Price/OCF Ratio Metrics

PRICE/OCF RATIO

25.22

PRICE/OCF RATIO AVG TTM

30.31

PRICE/OCF RATIO AVG 3Y

39.35

PRICE/OCF RATIO AVG 5Y

45.49

PRICE/OCF RATIO AVG 10Y

N/A

PRICE/OCF RATIO AVG 15Y

N/A

PRICE/OCF RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-16.79%

CURRENT VS 3Y AVG

-35.91%

CURRENT VS 5Y AVG

-44.56%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · TECHNOLOGY

24.92

median of 173 covered companies

CURRENT VS SECTOR MEDIAN

+1.20%

vs the sector median at left

NAME	MARKET CAP	PRICE/OCF RATIO	TTM	3Y	5Y
Zscaler, Inc. (ZS)	$28.98B	25.22	30.31	39.35	45.49
ON Semiconductor Corporation (ON)vs ›	$28.84B	17.50	17.96	15.36	15.11
Zoom Communications, Inc. (ZM)vs ›	$28.63B	14.38	13.54	13.22	16.96
Cognizant Technology Solutions Corporation (CTSH)vs ›	$29.25B	10.13	10.99	15.34	14.81
HP Inc. (HPQ)vs ›	$29.34B	6.35	5.68	7.28	7.22
Fiserv, Inc. (FISV)vs ›	$28.19B	4.78	6.02	13.48	14.58
Okta, Inc. (OKTA)vs ›	$28.13B	29.56	19.71	25.73	105.26
Teledyne Technologies Incorporated (TDY)vs ›	$28.09B	22.37	24.34	22.47	26.11
Roblox Corporation (RBLX)vs ›	$29.71B	14.06	36.69	47.05	50.10
Corpay, Inc. (CPAY)vs ›	$27.47B	14.95	14.62	12.15	14.01

NAME

MARKET CAP

PRICE/OCF RATIO

TTM

Zscaler, Inc. (ZS)

$28.98B

25.22

30.31

39.35

45.49

ON Semiconductor Corporation (ON)vs ›

$28.84B

17.50

17.96

15.36

15.11

Zoom Communications, Inc. (ZM)vs ›

$28.63B

14.38

13.54

13.22

16.96

Cognizant Technology Solutions Corporation (CTSH)vs ›

$29.25B

10.13

10.99

15.34

14.81

HP Inc. (HPQ)vs ›

$29.34B

6.35

5.68

7.28

7.22

Fiserv, Inc. (FISV)vs ›

$28.19B

4.78

6.02

13.48

14.58

Okta, Inc. (OKTA)vs ›

$28.13B

29.56

19.71

25.73

105.26

Teledyne Technologies Incorporated (TDY)vs ›

$28.09B

22.37

24.34

22.47

26.11

Roblox Corporation (RBLX)vs ›

$29.71B

14.06

36.69

47.05

50.10

Corpay, Inc. (CPAY)vs ›

$27.47B

14.95

14.62

12.15

14.01

Price/OCF Ratio Formula & Definition

P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.

Price/OCF Ratio FAQ

What is the Price/OCF ratio for Zscaler, Inc. (ZS)?

The Price/OCF ratio for ZS stock is 25.22.

Is Zscaler, Inc.'s Price/OCF ratio high or low?

The Price/OCF ratio of 25.22 is 45% below its 5-year average of 45.49, near the low end of its 5-year range (16.92–251.48).

What is the TTM average Price/OCF ratio for Zscaler, Inc. (ZS)?

The TTM average Price/OCF ratio for ZS stock is 30.31.

What is the 3Y average Price/OCF ratio for Zscaler, Inc. (ZS)?

The 3Y average Price/OCF ratio for ZS stock is 39.35.

What is the 5Y average Price/OCF ratio for Zscaler, Inc. (ZS)?

The 5Y average Price/OCF ratio for ZS stock is 45.49.

DATE	PRICE/OCF RATIO
2026-09-02	25.22
2026-09-01	26.04
2026-08-31	27.50
2026-08-28	26.90
2026-08-27	27.35
2026-08-26	24.87
2026-08-25	24.59
2026-08-24	25.70
2026-08-21	26.54
2026-08-20	25.54
2026-08-19	26.95
2026-08-18	27.11
2026-08-17	26.93
2026-08-14	26.81
2026-08-13	27.47
2026-08-12	25.89
2026-08-11	26.07
2026-08-10	25.80
2026-08-07	24.63
2026-08-06	23.74
2026-08-05	23.60
2026-08-04	23.83
2026-08-03	22.55
2026-07-31	22.08
2026-07-30	21.66
2026-07-29	22.45
2026-07-28	22.14
2026-07-27	21.51
2026-07-24	20.78
2026-07-23	20.40
2026-07-22	20.77
2026-07-21	21.71
2026-07-20	21.87
2026-07-17	21.89
2026-07-16	21.38
2026-07-15	21.64
2026-07-14	22.20
2026-07-13	20.71
2026-07-10	20.33
2026-07-09	21.48
2026-07-08	20.96
2026-07-07	21.83
2026-07-06	21.96
2026-07-02	21.51
2026-07-01	21.38
2026-06-30	20.61
2026-06-29	20.09
2026-06-26	19.31
2026-06-25	18.07
2026-06-24	18.58
2026-06-23	18.42
2026-06-22	18.11
2026-06-18	18.23
2026-06-17	18.16
2026-06-16	18.58
2026-06-15	19.04
2026-06-12	18.91
2026-06-11	18.41
2026-06-10	18.21
2026-06-09	18.37
2026-06-08	18.87
2026-06-05	19.09
2026-06-04	19.75
2026-06-03	19.62
2026-06-02	21.05
2026-06-01	22.73
2026-05-29	20.40
2026-05-28	18.99
2026-05-27	18.46
2026-05-26	26.95
2026-05-22	26.14
2026-05-21	24.51
2026-05-20	25.01
2026-05-19	25.12
2026-05-18	25.04
2026-05-15	23.08
2026-05-14	22.03
2026-05-13	21.85
2026-05-12	20.95
2026-05-11	21.34
2026-05-08	21.81
2026-05-07	21.90
2026-05-06	19.90
2026-05-05	20.26
2026-05-04	20.38
2026-05-01	20.04
2026-04-30	18.73
2026-04-29	19.31
2026-04-28	19.50
2026-04-27	19.22
2026-04-24	19.42
2026-04-23	19.06
2026-04-22	20.45
2026-04-21	20.01
2026-04-20	19.32
2026-04-17	19.30
2026-04-16	19.25
2026-04-15	18.78
2026-04-14	17.58
2026-04-13	17.58
2026-04-10	16.92
2026-04-09	17.52
2026-04-08	19.76
2026-04-07	20.37
2026-04-06	20.00
2026-04-02	19.86
2026-04-01	19.59
2026-03-31	20.11
2026-03-30	19.67
2026-03-27	19.09
2026-03-26	20.28
2026-03-25	19.99
2026-03-24	19.98
2026-03-23	21.76
2026-03-20	21.71
2026-03-19	22.27
2026-03-18	22.36
2026-03-17	22.36
2026-03-16	22.03
2026-03-13	22.04
2026-03-12	21.73
2026-03-11	22.05
2026-03-10	22.45
2026-03-09	23.31
2026-03-06	23.52
2026-03-05	23.21
2026-03-04	22.39
2026-03-03	22.17
2026-03-02	21.30
2026-02-27	21.07
2026-02-26	23.99
2026-02-25	22.67
2026-02-24	21.74
2026-02-23	20.86
2026-02-20	23.26
2026-02-19	24.60
2026-02-18	25.06
2026-02-17	25.13
2026-02-13	25.87
2026-02-12	24.88
2026-02-11	24.89
2026-02-10	25.38
2026-02-09	24.78
2026-02-06	24.36
2026-02-05	24.66
2026-02-04	27.05
2026-02-03	27.38
2026-02-02	29.21
2026-01-30	29.12
2026-01-29	29.21
2026-01-28	31.15
2026-01-27	31.98
2026-01-26	31.23
2026-01-23	30.52
2026-01-22	30.33
2026-01-21	30.38
2026-01-20	30.04
2026-01-16	31.15
2026-01-15	30.66
2026-01-14	31.19
2026-01-13	31.57
2026-01-12	31.54
2026-01-09	31.55
2026-01-08	32.07
2026-01-07	33.65
2026-01-06	32.32
2026-01-05	32.43
2026-01-02	32.11
2025-12-31	32.74
2025-12-30	33.11
2025-12-29	33.20
2025-12-26	33.56
2025-12-24	33.43
2025-12-23	33.38
2025-12-22	33.78
2025-12-19	33.85
2025-12-18	33.64
2025-12-17	32.96
2025-12-16	33.89
2025-12-15	33.53
2025-12-12	34.40
2025-12-11	35.24
2025-12-10	35.42
2025-12-09	35.38
2025-12-08	35.65
2025-12-05	35.33
2025-12-04	35.21
2025-12-03	35.47
2025-12-02	35.18
2025-12-01	35.42
2025-11-28	36.61
2025-11-26	36.68
2025-11-25	42.18
2025-11-24	45.12
2025-11-21	44.26
2025-11-20	45.02
2025-11-19	46.96
2025-11-18	47.17
2025-11-17	47.46
2025-11-14	48.19
2025-11-13	49.66
2025-11-12	51.03
2025-11-11	53.31
2025-11-10	52.93
2025-11-07	51.50
2025-11-06	51.16
2025-11-05	52.12
2025-11-04	52.83
2025-11-03	54.12
2025-10-31	53.29
2025-10-30	51.83
2025-10-29	51.65
2025-10-28	52.94
2025-10-27	52.52
2025-10-24	51.98
2025-10-23	51.30
2025-10-22	49.55
2025-10-21	49.95
2025-10-20	49.23
2025-10-17	48.32
2025-10-16	48.16
2025-10-15	48.66
2025-10-14	48.57
2025-10-13	50.38
2025-10-10	49.87
2025-10-09	50.73
2025-10-08	50.51
2025-10-07	47.11
2025-10-06	49.12
2025-10-03	49.15
2025-10-02	49.50
2025-10-01	49.01
2025-09-30	48.22
2025-09-29	47.78
2025-09-26	47.42
2025-09-25	46.13
2025-09-24	45.77
2025-09-23	46.56
2025-09-22	46.92
2025-09-19	47.36
2025-09-18	46.85
2025-09-17	44.97
2025-09-16	45.38
2025-09-15	45.97
2025-09-12	45.57
2025-09-11	46.13
2025-09-10	46.67
2025-09-09	47.25
2025-09-08	47.14
2025-09-05	45.90
2025-09-04	44.90
2025-09-03	45.29
2025-09-02	45.96
2025-08-29	46.38
2025-08-28	46.94
2025-08-27	45.71
2025-08-26	44.81
2025-08-25	45.14
2025-08-22	45.62
2025-08-21	45.26

DATE

PRICE/OCF RATIO

2026-09-02

25.22

2026-09-01

26.04

2026-08-31

27.50

2026-08-28

26.90

2026-08-27

27.35

2026-08-26

24.87

2026-08-25

24.59

2026-08-24

25.70

2026-08-21

26.54

2026-08-20

25.54

2026-08-19

26.95

2026-08-18

27.11

2026-08-17

26.93

2026-08-14

26.81

2026-08-13

27.47

2026-08-12

25.89

2026-08-11

26.07

2026-08-10

25.80

2026-08-07

24.63

2026-08-06

23.74

2026-08-05

23.60

2026-08-04

23.83

2026-08-03

22.55

2026-07-31

22.08

2026-07-30

21.66

2026-07-29

22.45

2026-07-28

22.14

2026-07-27

21.51

2026-07-24

20.78

2026-07-23

20.40

2026-07-22

20.77

2026-07-21

21.71

2026-07-20

21.87

2026-07-17

21.89

2026-07-16

21.38

2026-07-15

21.64

2026-07-14

22.20

2026-07-13

20.71

2026-07-10

20.33

2026-07-09

21.48

2026-07-08

20.96

2026-07-07

21.83

2026-07-06

21.96

2026-07-02

21.51

2026-07-01

21.38

2026-06-30

20.61

2026-06-29

20.09

2026-06-26

19.31

2026-06-25

18.07

2026-06-24

18.58

2026-06-23

18.42

2026-06-22

18.11

2026-06-18

18.23

2026-06-17

18.16

2026-06-16

18.58

2026-06-15

19.04

2026-06-12

18.91

2026-06-11

18.41

2026-06-10

18.21

2026-06-09

18.37

2026-06-08

18.87

2026-06-05

19.09

2026-06-04

19.75

2026-06-03

19.62

2026-06-02

21.05

2026-06-01

22.73

2026-05-29

20.40

2026-05-28

18.99

2026-05-27

18.46

2026-05-26

26.95

2026-05-22

26.14

2026-05-21

24.51

2026-05-20

25.01

2026-05-19

25.12

2026-05-18

25.04

2026-05-15

23.08

2026-05-14

22.03

2026-05-13

21.85

2026-05-12

20.95

2026-05-11

21.34

2026-05-08

21.81

2026-05-07

21.90

2026-05-06

19.90

2026-05-05

20.26

2026-05-04

20.38

2026-05-01

20.04

2026-04-30

18.73

2026-04-29

19.31

2026-04-28

19.50

2026-04-27

19.22

2026-04-24

19.42

2026-04-23

19.06

2026-04-22

20.45

2026-04-21

20.01

2026-04-20

19.32

2026-04-17

19.30

2026-04-16

19.25

2026-04-15

18.78

2026-04-14

17.58

2026-04-13

17.58

2026-04-10

16.92

2026-04-09

17.52

2026-04-08

19.76

2026-04-07

20.37

2026-04-06

20.00

2026-04-02

19.86

2026-04-01

19.59

2026-03-31

20.11

2026-03-30

19.67

2026-03-27

19.09

2026-03-26

20.28

2026-03-25

19.99

2026-03-24

19.98

2026-03-23

21.76

2026-03-20

21.71

2026-03-19

22.27

2026-03-18

22.36

2026-03-17

22.36

2026-03-16

22.03

2026-03-13

22.04

2026-03-12

21.73

2026-03-11

22.05

2026-03-10

22.45

2026-03-09

23.31

2026-03-06

23.52

2026-03-05

23.21

2026-03-04

22.39

2026-03-03

22.17

2026-03-02

21.30

2026-02-27

21.07

2026-02-26

23.99

2026-02-25

22.67

2026-02-24

21.74

2026-02-23

20.86

2026-02-20

23.26

2026-02-19

24.60

2026-02-18

25.06

2026-02-17

25.13

2026-02-13

25.87

2026-02-12

24.88

2026-02-11

24.89

2026-02-10

25.38

2026-02-09

24.78

2026-02-06

24.36

2026-02-05

24.66

2026-02-04

27.05

2026-02-03

27.38

2026-02-02

29.21

2026-01-30

29.12

2026-01-29

29.21

2026-01-28

31.15

2026-01-27

31.98

2026-01-26

31.23

2026-01-23

30.52

2026-01-22

30.33

2026-01-21

30.38

2026-01-20

30.04

2026-01-16

31.15

2026-01-15

30.66

2026-01-14

31.19

2026-01-13

31.57

2026-01-12

31.54

2026-01-09

31.55

2026-01-08

32.07

2026-01-07

33.65

2026-01-06

32.32

2026-01-05

32.43

2026-01-02

32.11

2025-12-31

32.74

2025-12-30

33.11

2025-12-29

33.20

2025-12-26

33.56

2025-12-24

33.43

2025-12-23

33.38

2025-12-22

33.78

2025-12-19

33.85

2025-12-18

33.64

2025-12-17

32.96

2025-12-16

33.89

2025-12-15

33.53

2025-12-12

34.40

2025-12-11

35.24

2025-12-10

35.42

2025-12-09

35.38

2025-12-08

35.65

2025-12-05

35.33

2025-12-04

35.21

2025-12-03

35.47

2025-12-02

35.18

2025-12-01

35.42

2025-11-28

36.61

2025-11-26

36.68

2025-11-25

42.18

2025-11-24

45.12

2025-11-21

44.26

2025-11-20

45.02

2025-11-19

46.96

2025-11-18

47.17

2025-11-17

47.46

2025-11-14

48.19

2025-11-13

49.66

2025-11-12

51.03

2025-11-11

53.31

2025-11-10

52.93

2025-11-07

51.50

2025-11-06

51.16

2025-11-05

52.12

2025-11-04

52.83

2025-11-03

54.12

2025-10-31

53.29

2025-10-30

51.83

2025-10-29

51.65

2025-10-28

52.94

2025-10-27

52.52

2025-10-24

51.98

2025-10-23

51.30

2025-10-22

49.55

2025-10-21

49.95

2025-10-20

49.23

2025-10-17

48.32

2025-10-16

48.16

2025-10-15

48.66

2025-10-14

48.57

2025-10-13

50.38

2025-10-10

49.87

2025-10-09

50.73

2025-10-08

50.51

2025-10-07

47.11

2025-10-06

49.12

2025-10-03

49.15

2025-10-02

49.50

2025-10-01

49.01

2025-09-30

48.22

2025-09-29

47.78

2025-09-26

47.42

2025-09-25

46.13

2025-09-24

45.77

2025-09-23

46.56

2025-09-22

46.92

2025-09-19

47.36

2025-09-18

46.85

2025-09-17

44.97

2025-09-16

45.38

2025-09-15

45.97

2025-09-12

45.57

2025-09-11

46.13

2025-09-10

46.67

2025-09-09

47.25

2025-09-08

47.14

2025-09-05

45.90

2025-09-04

44.90

2025-09-03

45.29

2025-09-02

45.96

2025-08-29

46.38

2025-08-28

46.94

2025-08-27

45.71

2025-08-26

44.81

2025-08-25

45.14

2025-08-22

45.62

2025-08-21

45.26

Price/OCF Ratio: 25.22

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