Zscaler (ZS) Surpasses Market Returns: Some Facts Worth Knowing

Digging into valuation, Zscaler currently has a Forward P/E ratio of 65.45. This signifies a premium in comparison to the average Forward P/E of 23.14 for its industry. Investors should also note that ZS has a PEG ratio of 2.33 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Internet - Services industry was having an average PEG ratio ...