
Browsing restrictions can be lifted for a fee.
The latest data point for ZS's EV/EBITDA ratio, as of Q2'26, stands at 132.752, reflecting a moderate valuation multiple compared to earlier periods in the fiscal year. This value indicates a stabilization in the company's enterprise value relative to its EBITDA, following fluctuations in prior quarters. Over the period from Q3'23 to Q2'26, the EV/EBITDA ratio for ZS exhibited significant volatility, starting with negative values (-148.415 in Q3'23, deteriorating to -946.188 in Q1'24) that suggest operational losses or negative EBITDA, before turning sharply positive to a peak of 2721.221 in Q2'24. From Q3'24 onward, the ratio trended downward from 336.701 to a low of 132.752 in Q2'26, with minor fluctuations (e.g., a brief uptick to 255.322 in Q4'25), pointing to improving but still elevated multiples amid potential recovery in profitability. Overall, the area chart highlights a transition from distressed valuations to a more normalized, though variable, growth trajectory.