Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 41.17.
Forward PE Ratio (41.17) = Close Price ($161.94) / Consensus Forward EPS ($4.12)
FORWARD PE RATIO
41.17
SECTOR MEDIAN · TECHNOLOGY
27.24
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
+51.14%
vs the sector median at left
Zscaler, Inc.
Market Cap
$26.19B
Forward PE Ratio
41.17
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Zscaler, Inc. (ZS) | $26.19B | 41.17 |
| Super Micro Computer, Inc. (SMCI)vs › | $26.04B | 14.12 |
| Qnity Electronics, Inc. (Q)vs › | $25.81B | 26.46 |
| Corpay, Inc. (CPAY)vs › | $26.61B | 15.20 |
| VeriSign, Inc. (VRSN)vs › | $25.51B | 29.84 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.99B | 10.83 |
| Fiserv, Inc. (FISV)vs › | $27.12B | 7.31 |
| Tower Semiconductor Ltd. (TSEM)vs › | $24.80B | 57.57 |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $24.74B | 23.34 |
| ON Semiconductor Corporation (ON)vs › | $27.67B | 23.25 |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
41.2
consensus next-FY EPS
At today's $161.94 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-07-31 | $4.87 | $4.28 – $5.18 | 20 | 33.2x |
| 2028-07-31 | $5.60 | $4.97 – $6.03 | 21 | 28.9x |
| 2029-07-31 | $6.49 | $2.53 – $11.80 | 5 | 25.0x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute