ZMZoom Communications, Inc.

$96.47

Is the price fair?

What ZM's price assumes

Zoom Communications, Inc. trades at 8.94× earnings against 27.5× for the median Software - Application name, cheaper than its own group.

8.94

Trailing P/E · Software - Application median 27.5 · cheaper than the typical name in its group

Price / sales
5.91

Price / sales · as of 2026-Q2

Free cash flow yield
7.9%

Free cash flow yield · Software - Application median 6.9%

Growth the price implies
−0.48%

Growth the price implies · The price pays for −0.48% free cash flow growth a year for a decade; the business has delivered +19% a year over the last three.

Details
Price / book2026-Q2
2.93
Technology median P/E365 names
36.5
Software - Application median P/E93 names
27.5
Free cash flow, trailing twelve months
$1.93B
Market capitalisation
$24.3B
3-year revenue growth
+3.8%
3-year free cash flow growth
+19%
ZM has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 13.6× today against a 28.4× median
52-week range$72.16 – $111.88
Today$96.47

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.