Zscaler Inc
—- Market cap
- —
- Debt
- +$1.14B
- Cash
- −$928.35M
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ZS stock price vs PSTG: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PSTG's multiple
Needs PSTG P/S.
Implied fair value · at ZS's multiple
Needs ZS P/S.
Metric by metric
Live quote
Price unavailable
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ZS FY 2026 (ended Jul 31, 2026) · PSTG FY 2026 (ended Feb 1, 2026). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
Zscaler Inc · implied price per share
Bear
-$3.61
Base
-$4.25
Bull
-$4.89
Everpure, Inc. · implied price per share
Bear
$6.62
Base
$7.79
Bull
$8.96
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.44x
0.14x
Net debt / EBITDA
Leverage against operating earnings
1.77x
-4.58x
Cash and equivalents
Liquid reserves on the balance sheet
$928.35M
$1.60B
Total debt
Interest-bearing obligations outstanding
$1.14B
$200.00M
Comparable set
Where the pair sits against the wider comparable set.
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Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe ZS can sustain 20%+ growth while sharply improving operating margin and ROIC, then hold or buy on weakness; otherwise, the current valuation looks stretched versus PSTG and the relative model implies downside.
ZS trades at a P/S of 9.1x versus PSTG at 6.8x, yet the relative valuation model implies $115.02, or 23.9% downside from the current price of $151.20. The stock is also above PSTG implied range of $44.40-$112.60, though still inside its historical band of $136.08-$166.32.
Supporting Metrics