Zoom Communications (BUE:ZM) Cyclically Adjusted PS Ratio: (As of Aug. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Zoom Communications Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zoom Communications  (BUE:ZM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Zoom Communications Cyclically Adjusted PS Ratio Related Terms


Zoom Communications Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zoom Communications's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zoom Communications Cyclically Adjusted PS Ratio Chart

Zoom Communications Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 9.74

Zoom Communications Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 9.74 0.00

BUE:ZM vs FICO, TEAM, BSP: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, Zoom Communications's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zoom Communications Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Zoom Communications's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zoom Communications's Cyclically Adjusted PS Ratio falls into.



Zoom Communications Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Zoom Communications's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan26 is calculated as:

For example, Zoom Communications's adjusted Revenue per Share data for the fiscal year that ended in Jan26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan26 (Change)*Current CPI (Jan26)
=22876.975/325.2520*325.2520
=22,876.975

Current CPI (Jan26) = 325.2520.

Zoom Communications Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201701 3.606 242.839 4.830
201801 11.060 247.867 14.513
201901 48.205 251.712 62.289
202001 146.569 257.971 184.795
202101 747.756 261.582 929.763
202201 1,376.510 281.148 1,592.445
202301 2,553.618 299.170 2,776.245
202401 11,863.199 308.417 12,510.754
202501 15,566.349 317.671 15,937.829
202601 22,876.975 325.252 22,876.975

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Zoom Communications Business Description

Address 55 Almaden Boulevard, 6th Floor, San Jose, CA, USA, 95113
Zoom Communications provides a video-first communications platform that connects people through frictionless video, voice, chat, and content sharing. The company's cloud-native platform enables video experiences and connects users across various devices and locations in a single meeting. Zoom has launched a variety of communications-related solutions, including Zoom Phone and Zoom Contact Center. The firm was founded in 2011 and serves companies of all sizes from all industries around the world.