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Zscaler, Inc. (ZS) EV/EBITDA Ratio: 302.97x

Is Zscaler, Inc.’s EV/EBITDA ratio high or low?

Zscaler, Inc.'s EV/EBITDA ratio of 302.97x is 15% below its 2-year average of 354.54x, around the middle of its 2-year range (141.70x–559.96x).

As of Thursday, June 11, 2026. 6.91% below its 12-month average of 325.45x.

ZS EV/EBITDA Ratio Chart

ZS EV/EBITDA Ratio
302.97x-32.77% 1Y
Zoom

ZS Average EV/EBITDA Ratio Chart

ZS Current vs Average EV/EBITDA Ratio Chart

ZS EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

302.97x

EV/EBITDA RATIO AVG TTM

325.45x

EV/EBITDA RATIO AVG 3Y

354.54x

EV/EBITDA RATIO AVG 5Y

354.54x

EV/EBITDA RATIO AVG 10Y

604.24x

EV/EBITDA RATIO AVG 15Y

604.24x

EV/EBITDA RATIO AVG 20Y

604.24x

CURRENT VS TTM AVG

-6.91%

CURRENT VS 3Y AVG

-14.55%

CURRENT VS 5Y AVG

-14.55%

CURRENT VS 10Y AVG

-49.86%

CURRENT VS 15Y AVG

-49.86%

CURRENT VS 20Y AVG

-49.86%

ZS Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Zscaler, Inc. (ZS)$20.11B302.97x325.45x354.54x354.54x
Fidelity National Information Services, Inc. (FIS)$19.88B4.13x11.60x15.06x15.36x
Okta, Inc. (OKTA)$19.26B55.75x55.41x102.66x102.66x
Akamai Technologies, Inc. (AKAM)$18.63B21.68x14.22x14.83x14.70x
HP Inc. (HPQ)$22.58B7.34x7.25x8.15x7.27x
Atlassian Corporation (TEAM)$23.01B2159.50x21133.12x10682.03x9689.43x
Cognizant Technology Solutions Corporation (CTSH)$24.55B6.07x8.55x9.80x10.32x
PTC Inc. (PTC)$15.60B13.11x22.42x29.68x29.39x
VeriSign, Inc. (VRSN)$25.69B23.26x22.42x20.78x22.82x
Splunk Inc. (SPLK)$26.44B61.01x148.46x148.46x148.46x

EV/EBITDA vs. its own history

At 303.0, EV/EBITDA is at an extreme level (the multiple carries little signal here), sitting higher than 28% of its 7-year history.

7-year low

141.7

median

376.6

7-year high

3222.6

cheaperricher

Zscaler, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Zscaler, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Zscaler, Inc. (ZS)?
The EV/EBITDA ratio for ZS stock is 302.97x.
Is Zscaler, Inc.'s EV/EBITDA ratio high or low?
Zscaler, Inc.'s EV/EBITDA ratio of 302.97x is 15% below its 2-year average of 354.54x, around the middle of its 2-year range (141.70x–559.96x).
What is the TTM average EV/EBITDA ratio for Zscaler, Inc. (ZS)?
The TTM average EV/EBITDA ratio for ZS stock is 325.45x.
What is the 3Y average EV/EBITDA ratio for Zscaler, Inc. (ZS)?
The 3Y average EV/EBITDA ratio for ZS stock is 354.54x.
What is the 5Y average EV/EBITDA ratio for Zscaler, Inc. (ZS)?
The 5Y average EV/EBITDA ratio for ZS stock is 354.54x.
What is the 10Y average EV/EBITDA ratio for Zscaler, Inc. (ZS)?
The 10Y average EV/EBITDA ratio for ZS stock is 604.24x.
What is the 15Y average EV/EBITDA ratio for Zscaler, Inc. (ZS)?
The 15Y average EV/EBITDA ratio for ZS stock is 604.24x.
What is the 20Y average EV/EBITDA ratio for Zscaler, Inc. (ZS)?
The 20Y average EV/EBITDA ratio for ZS stock is 604.24x.

Zscaler, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-10302.97x
2026-06-09305.56x
2026-06-08313.49x
2026-06-05317.05x
2026-06-04327.48x
2026-06-03325.41x
2026-06-02348.17x
2026-06-01375.07x
2026-05-29337.88x
2026-05-28315.33x
2026-05-27306.88x
2026-05-26442.29x
2026-05-22216.28x
2026-05-21203.11x
2026-05-20207.10x
2026-05-19208.03x
2026-05-18207.38x
2026-05-15191.56x
2026-05-14183.04x
2026-05-13181.57x
2026-05-12174.31x
2026-05-11177.44x
2026-05-08181.22x
2026-05-07181.98x
2026-05-06165.79x
2026-05-05168.73x
2026-05-04169.70x
2026-05-01166.93x
2026-04-30156.34x
2026-04-29161.04x
2026-04-28162.59x
2026-04-27160.32x
2026-04-24161.93x
2026-04-23159.00x
2026-04-22170.24x
2026-04-21166.70x
2026-04-20161.12x
2026-04-17160.98x
2026-04-16160.58x
2026-04-15156.73x
2026-04-14147.07x
2026-04-13147.00x
2026-04-10141.70x
2026-04-09146.55x
2026-04-08164.66x
2026-04-07169.58x
2026-04-06166.59x
2026-04-02165.48x
2026-04-01163.29x
2026-03-31167.49x
2026-03-30163.97x
2026-03-27159.22x
2026-03-26168.89x
2026-03-25166.50x
2026-03-24166.47x
2026-03-23180.83x
2026-03-20180.45x
2026-03-19185.01x
2026-03-18185.69x
2026-03-17185.71x
2026-03-16183.03x
2026-03-13183.11x
2026-03-12180.61x
2026-03-11183.17x
2026-03-10186.41x
2026-03-09193.38x
2026-03-06195.05x
2026-03-05192.62x
2026-03-04185.95x
2026-03-03184.16x
2026-03-02177.10x
2026-02-27175.26x
2026-02-26198.88x
2026-02-25204.46x
2026-02-24196.30x
2026-02-23188.47x
2026-02-20209.67x
2026-02-19221.57x
2026-02-18225.61x
2026-02-17226.20x
2026-02-13232.81x
2026-02-12224.03x
2026-02-11224.16x
2026-02-10228.46x
2026-02-09223.10x
2026-02-06219.43x
2026-02-05222.08x
2026-02-04243.20x
2026-02-03246.10x
2026-02-02262.27x
2026-01-30261.50x
2026-01-29262.30x
2026-01-28279.45x
2026-01-27286.81x
2026-01-26280.22x
2026-01-23273.87x
2026-01-22272.19x
2026-01-21272.64x
2026-01-20269.62x
2026-01-16279.48x
2026-01-15275.11x
2026-01-14279.86x
2026-01-13283.18x
2026-01-12282.90x
2026-01-09283.02x
2026-01-08287.65x
2026-01-07301.60x
2026-01-06289.85x
2026-01-05290.79x
2026-01-02287.97x
2025-12-31293.57x
2025-12-30296.79x
2025-12-29297.56x
2025-12-26300.78x
2025-12-24299.59x
2025-12-23299.23x
2025-12-22302.75x
2025-12-19303.39x
2025-12-18301.51x
2025-12-17295.51x
2025-12-16303.69x
2025-12-15300.51x
2025-12-12308.19x
2025-12-11315.66x
2025-12-10317.22x
2025-12-09316.86x
2025-12-08319.26x
2025-12-05316.43x
2025-12-04315.36x
2025-12-03317.69x
2025-12-02315.14x
2025-12-01317.20x
2025-11-28327.78x
2025-11-26328.39x
2025-11-25377.00x
2025-11-24385.02x
2025-11-21377.59x
2025-11-20384.16x
2025-11-19400.98x
2025-11-18402.79x
2025-11-17405.31x
2025-11-14411.61x
2025-11-13424.35x
2025-11-12436.16x
2025-11-11455.94x
2025-11-10452.61x
2025-11-07440.24x
2025-11-06437.33x
2025-11-05445.65x
2025-11-04451.78x
2025-11-03462.87x
2025-10-31455.73x
2025-10-30443.06x
2025-10-29441.56x
2025-10-28452.72x
2025-10-27449.03x
2025-10-24444.40x
2025-10-23438.51x
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2025-10-21426.82x
2025-10-20420.59x
2025-10-17412.73x
2025-10-16411.32x
2025-10-15415.65x
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2025-10-13430.53x
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2025-08-06437.32x
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2025-08-01423.40x
2025-07-31431.54x
2025-07-30434.87x
2025-07-29438.47x
2025-07-28436.89x
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2025-07-24429.60x
2025-07-23428.17x
2025-07-22431.77x
2025-07-21435.95x
2025-07-18436.39x
2025-07-17432.66x
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2025-07-15436.67x
2025-07-14440.12x
2025-07-11437.96x
2025-07-10447.87x
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2025-06-04448.90x
2025-06-03446.10x
2025-06-02443.25x
2025-05-30416.37x
2025-05-29378.56x

Showing the most recent 260 of 559 data points. The chart above shows the full history.

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
7,348 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Jagtar Singh Chaudhry