Zscaler (XSWX:ZS) Property, Plant and Equipment: CHF561 Mil (As of Apr. 2026)


XSWX:ZS Zscaler Inc XSWX:ZS
66 GF Score
Price CHF118.58
GF Value CHF230.92
! 2 Warning Signs
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What is Zscaler Property, Plant and Equipment?

Zscaler XSWX:ZS 66 Property, Plant and Equipment is CHF561 Mil as of Apr. 2026. GuruFocus rates XSWX:ZS with a GF Score™ of 66/100 and a GF Value™ of CHF230.92. The stock has 2 warning signs investors should review.

Zscaler's quarterly net PPE increased from Oct. 2025 (CHF534 Mil) to Jan. 2026 (CHF539 Mil) and increased from Jan. 2026 (CHF539 Mil) to Apr. 2026 (CHF561 Mil).

Zscaler's annual net PPE increased from Jul. 2023 (CHF273 Mil) to Jul. 2024 (CHF422 Mil) and increased from Jul. 2024 (CHF422 Mil) to Jul. 2025 (CHF506 Mil).


Zscaler  (XSWX:ZS) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Zscaler Property, Plant and Equipment Related Terms


Zscaler Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Zscaler's Property, Plant and Equipment 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.

Zscaler Property, Plant and Equipment Chart

Zscaler Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.28 226.02 273.05 421.67 505.82

Zscaler Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Property, Plant and Equipment 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 475.42 505.82 534.10 539.13 561.50
XSWX:ZS
66GF Score
Zscaler Inc XSWX:ZS
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Zscaler Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of CHF561 Mil mean?
Zscaler (XSWX:ZS) has a Property, Plant and Equipment of CHF561 Mil as of Apr. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Zscaler and its competitors.
Is Zscaler's Property, Plant and Equipment too high?
Zscaler's current Property, Plant and Equipment is CHF561 Mil. Overall, Zscaler has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Zscaler's Property, Plant and Equipment compare to ?
Zscaler's Property, Plant and Equipment of CHF561 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Software company?
A good Property, Plant and Equipment depends on the Software industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Zscaler and its competitors. Zscaler's current Property, Plant and Equipment is CHF561 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zscaler stock overvalued right now?
Zscaler (XSWX:ZS) has a current Property, Plant and Equipment of CHF561 Mil. The stock's GF Value™ is CHF230.92, compared to a current price of CHF118.58 — trading 48.6% below its estimated fair value. The current Property, Plant and Equipment is CHF561 Mil. Zscaler's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Zscaler (XSWX:ZS), the current Property, Plant and Equipment is CHF561 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zscaler (XSWX:ZS) Overvalued in 2026?

Based on GuruFocus' analysis, Zscaler stock appears to be undervalued. The current stock price of CHF118.58 is trading 48.6% below its estimated GF Value™ of CHF230.92.

Key valuation signals for XSWX:ZS:

  • Property, Plant and Equipment: CHF561 Mil
  • GF Value™: CHF230.92 vs. price of CHF118.58 (48.6% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the XSWX:ZS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zscaler Business Description

Comparable Companies
Address 120 Holger Way, San Jose, CA, USA, 95134
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
66GF Score

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Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF118.58
Price
CHF230.92
GF Value