ZM
Zoom Video Communications Inc - Class A
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: ZM
- PE Ratio
As of Jul 31, 2026, the ZM stock has a PE ratio of 13.82. The calculation is based on the latest EPS of $6.95 and the stock price of $96.07 per share. A decrease of 14% has been observed in the PE ratio compared to its average of 16.0 of the last four quarters.
ZM PE ratio history
The mean historical PE ratio of Zoom Video Communications Inc - Class A over the last seven years is 764.87. The current 13.82 P/E ratio is 98% lower than the historical average. Looking back at the last seven years, ZM's PE ratio peaked in the Jul 2019 quarter at 9,551, with a price of $95.51 and an EPS of $0.01. The Apr 2026 quarter marked the lowest point at 13.98, with a price of $97.15 and an EPS of $6.95.
Zoom Video Communications Inc - Class A PE ratio by year
Maximum annual increase: 544.48% in 2023
Maximum annual decrease: -85.78% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 14.57 | -45.04% | $92.1 | $6.32 |
| 2025 | 26.51 | -13.02% | $86.94 | $3.28 |
| 2024 | 30.48 | -85.78% | $64.61 | $2.12 |
| 2023 | 214.29 | 544.48% | $75 | $0.35 |
| 2022 | 33.25 | -78.82% | $154.28 | $4.64 |
| 2021 | 156.99 | -81.48% | $372.07 | $2.37 |
| 2020 | 847.78 | N/A | $76.3 | $0.09 |
| 2019 | N/A | N/A | N/A | $0 |
| 2018 | N/A | N/A | N/A | -$0.11 |
| 2017 | N/A | N/A | N/A | -$0.2 |
Zoom Video Communications Inc - Class A PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 13.98 | -4.05% | $97.15 | $6.95 |
| Jan 2026 | 14.57 | -11.8% | $92.1 | $6.32 |
| Oct 2025 | 16.52 | -13.01% | $87.23 | $5.28 |
| Jul 2025 | 18.99 | -16.23% | $74.05 | $3.9 |
| Apr 2025 | 22.67 | -14.49% | $77.54 | $3.42 |
| Jan 2025 | 26.51 | 8.87% | $86.94 | $3.28 |
| Oct 2024 | 24.35 | 15.68% | $74.74 | $3.07 |
| Jul 2024 | 21.05 | -4.58% | $60.4 | $2.87 |
| Apr 2024 | 22.06 | -27.62% | $61.1 | $2.77 |
| Jan 2024 | 30.48 | -60.36% | $64.61 | $2.12 |
| Oct 2023 | 76.9 | -50.72% | $59.98 | $0.78 |
| Jul 2023 | 156.06 | -97.46% | $73.35 | $0.47 |
| Apr 2023 | 6,143 | 2,766.68% | $61.43 | $0.01 |
| Jan 2023 | 214.29 | 500.93% | $75 | $0.35 |
| Oct 2022 | 35.66 | 14% | $83.44 | $2.34 |
ZM Price vs fair value
ZM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, ZM's PE ratio is lower than its 3 and 5-year averages.
PE comparison
Zoom Video Communications Inc - Class A's price to earnings (P/E) of 13.82 is lower than the Technology sector and the industry average. In comparison with the Technology sector average of 34.94, Zoom Video Communications Inc - Class A's price to earnings (P/E) is 60% lower.
ZM PE vs peers
In comparison to its peer stock PHR, ZM's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ZM Zoom Video Communications Inc - Class A | 14.19 | $28.93B |
| PHR Phreesia Inc | 74.77 | $693.22M |
| PHUN Phunware Inc | N/A | $43.45M |
Frequently asked questions
What is Zoom Video Communications Inc - Class A's PE ratio?
The price to earnings ratio for ZM stock is 13.82 as of Jul 31, 2026.
What is the 3-year average PE ratio for Zoom Video Communications Inc - Class A (ZM)?
The 3-year average price to earnings ratio for ZM stock is 26.19.
What is the 5-year average PE ratio for Zoom Video Communications Inc - Class A (ZM)?
The 5-year average price to earnings ratio for ZM stock is 368.19.
What is the highest PE ratio for ZM?
The highest quarterly PE ratio in the last seven years has been 9,551 and it was in the Jul 2019 quarter.
How does the current PE ratio for ZM compare to its historical average?
ZM's current price to earnings ratio is 98% below its 7-year historical average.
How is ZM's PE ratio calculated (Zoom Video Communications Inc - Class A PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 31, 2026), Zoom Video Communications Inc - Class A's share price is $96.07. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $6.95. Therefore, Zoom Video Communications Inc - Class A's PE ratio for today is 13.82. PE RATIO(13.82) = STOCK PRICE($96.07) / TTM EPS($6.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.