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FROG vs. ZS: JFrog vs. Zscaler Stock Comparison

How do JFrog (FROG) and Zscaler (ZS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

JFrog (FROG) and Zscaler (ZS) are both classified in the Systems Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Company profile comparison for JFrog (FROG) and Zscaler (ZS)
Profile ItemFROGZS
NameJFrog Ltd.Zscaler Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustrySystems SoftwareSystems Software
Market Capitalization12.45 billion USD32.23 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateSeptember 16, 2020March 16, 2018
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FROG
ZS
GSPC
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JFrog (FROG) vs. Zscaler (ZS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for JFrog (FROG) and Zscaler (ZS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for JFrog (FROG) and Zscaler (ZS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
Total Return (1Y)77.72%-37.61%
Total Return (3Y, Annualized)60.36%5.36%
Total Return (5Y, Annualized)22.50%-10.75%

Risk Profile

Drawdown History

FROG
ZS
GSPC
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JFrog (FROG) vs. Zscaler (ZS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for JFrog (FROG) and Zscaler (ZS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
Volatility (1Y, Annualized)80.78%68.66%
Beta (5Y)1.260.88
Max Drawdown (5Y)-56.17%-76.41%
Avg. Volume (3M)1.95M2.92M

Risk-Adjusted Performance

Risk-Return Positioning

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FROG and ZS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
Sharpe Ratio (1Y)0.91-0.61
Sortino Ratio (1Y)1.48-0.79

Profitability

ROE (TTM)

Both JFrog (FROG) at -2.26% and Zscaler (ZS) at -2.87% report negative ROE values. Negative ROE can reflect losses or negative shareholders’ equity, so both readings need extra context.

FROG

Software & Services industry group

-2.26%

Max
53.85%
Q3
17.90%
Median
6.59%
FROG
-2.26%
Q1
-9.59%
Min
-50.52%

ZS

Software & Services industry group

-2.87%

Max
53.85%
Q3
17.90%
Median
6.59%
ZS
-2.87%
Q1
-9.59%
Min
-50.52%
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both JFrog (FROG) at -3.28% and Zscaler (ZS) at -1.89% report negative net margin values, usually indicating net losses over the period.

FROG

Software & Services industry group

-3.28%

Max
41.17%
Q3
15.28%
Median
4.63%
FROG
-3.28%
Q1
-5.42%
Min
-33.17%

ZS

Software & Services industry group

-1.89%

Max
41.17%
Q3
15.28%
Median
4.63%
ZS
-1.89%
Q1
-5.42%
Min
-33.17%
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both JFrog (FROG) at -0.27% and Zscaler (ZS) at -1.01% report negative operating margin values, usually indicating operating losses over the period.

FROG

Software & Services industry group

-0.27%

Max
46.89%
Q3
17.64%
Median
8.73%
FROG
-0.27%
Q1
-2.13%
Min
-30.45%

ZS

Software & Services industry group

-1.01%

Max
46.89%
Q3
17.64%
Median
8.73%
ZS
-1.01%
Q1
-2.13%
Min
-30.45%
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
ROE (TTM)-2.26%-2.87%
ROA (TTM)-1.85%-1.03%
Net Margin (TTM)-3.28%-1.89%
Operating Margin (TTM)-0.27%-1.01%
Gross Margin (TTM)78.44%76.87%

Growth

Revenue Growth

Both JFrog (FROG) at 24.12% and Zscaler (ZS) at 25.42% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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JFrog (FROG) vs. Zscaler (ZS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither JFrog (FROG) nor Zscaler (ZS) reports a EPS growth value for this period, so a direct comparison isn't possible.

Growth Metrics

Growth metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
Revenue Growth (YoY)24.12%25.42%
Revenue Growth (3Y CAGR)23.84%27.51%
EPS Growth (YoY)----
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Both JFrog (FROG) at 2.15 and Zscaler (ZS) at 1.70 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

FROG

Software & Services industry group

2.15

Max
5.11
Q3
2.77
FROG
2.15
Median
1.67
Q1
1.01
Min
0.03

ZS

Software & Services industry group

1.70

Max
5.11
Q3
2.77
ZS
1.70
Median
1.67
Q1
1.01
Min
0.03
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Both JFrog (FROG) at 0.11 and Zscaler (ZS) at 0.72 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

FROG

Software & Services industry group

0.11

Max
2.52
Q3
1.13
Median
0.40
FROG
0.11
Q1
0.07
Min
0.00

ZS

Software & Services industry group

0.72

Max
2.52
Q3
1.13
ZS
0.72
Median
0.40
Q1
0.07
Min
0.00
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
Current Ratio (MRQ)2.151.70
Debt / Equity (MRQ)0.110.72
Net Debt / EBITDA---36.63

Dividends

Dividend Yield (TTM)

Neither JFrog (FROG) nor Zscaler (ZS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

FROG

Software & Services industry group

0.00%

FROG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ZS

Software & Services industry group

0.00%

ZS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither JFrog (FROG) nor Zscaler (ZS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

FROG

Software & Services industry group

0.00%

FROG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ZS

Software & Services industry group

0.00%

ZS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Neither JFrog (FROG) nor Zscaler (ZS) reports a P/E ratio value for this period, so a direct comparison isn’t possible.

FROG

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
FROG
--

ZS

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
ZS
--
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JFrog (FROG) vs. Zscaler (ZS): Neither stock reports P/E ratio, so the chart shows available benchmark boxes without value markers.

P/S Ratio (TTM)

Both look expensive on sales: Zscaler (ZS) at 9.61 sits in the upper P/S ratio quartile, and JFrog (FROG) at 19.39 prices even higher, above its industry range.

FROG

Software & Services industry group

19.39

FROG
19.39
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02

ZS

Software & Services industry group

9.61

Max
17.91
ZS
9.61
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
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JFrog (FROG) vs. Zscaler (ZS): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Both JFrog (FROG) at 12.37 and Zscaler (ZS) at 12.40 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

FROG

Software & Services industry group

12.37

Max
16.63
FROG
12.37
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90

ZS

Software & Services industry group

12.40

Max
16.63
ZS
12.40
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
Loading chart…
JFrog (FROG) vs. Zscaler (ZS): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for JFrog (FROG) and Zscaler (ZS)
MetricFROGZS
P/E Ratio (TTM)----
P/S Ratio (TTM)19.399.61
P/B Ratio (MRQ)12.3712.40
Free Cash Flow Yield (TTM)1.85%3.34%