Zscaler, Inc. (ZS) is one of the standout companies in the cybersecurity sector, known for its high-growth trajectory. However, its current price-to-earnings (P/E) multiple of 57.67X raises concerns about whether the stock's valuation is justified. This multiple is significantly higher than the Zacks Internet – Services industry average of 20.9X, making the stock seem expensive in comparison. Zscaler's price-to-sales (P/S) ratio also adds to investor unease, especially when considering the company's recent ...