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WIT vs. ZS: Wipro vs. Zscaler Stock Comparison

How do Wipro (WIT) 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

Wipro (WIT) and Zscaler (ZS) both fall under the Software & Services industry group, but WIT is classified in IT Services while ZS is classified in Software.

Zscaler (ZS) trades as ordinary local shares, while Wipro (WIT) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Wipro (WIT) and Zscaler (ZS)
Profile ItemWITZS
NameWipro Ltd. ADRZscaler Inc.
Country/RegionIndiaUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustryIT ServicesSoftware
GICS Sub-IndustryIT Consulting & Other ServicesSystems Software
Market Capitalization21.37 billion USD32.23 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateOctober 19, 2000March 16, 2018
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

WIT
ZS
GSPC
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Wipro (WIT) 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 Wipro (WIT) and Zscaler (ZS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Wipro (WIT) and Zscaler (ZS)
MetricWITZS
Total Return (1Y)-16.56%-37.61%
Total Return (3Y, Annualized)0.08%5.36%
Total Return (5Y, Annualized)-12.80%-10.75%

Risk Profile

Drawdown History

WIT
ZS
GSPC
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Wipro (WIT) 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 Wipro (WIT) and Zscaler (ZS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Wipro (WIT) and Zscaler (ZS)
MetricWITZS
Volatility (1Y, Annualized)47.10%68.66%
Beta (5Y)0.910.88
Max Drawdown (5Y)-64.83%-76.41%
Avg. Volume (3M)9.36M2.92M

Risk-Adjusted Performance

Risk-Return Positioning

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WIT 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 Wipro (WIT) and Zscaler (ZS)
MetricWITZS
Sharpe Ratio (1Y)-0.44-0.61
Sortino Ratio (1Y)-0.65-0.79

Profitability

ROE (TTM)

Zscaler (ZS) reports a negative ROE of -2.87%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Wipro (WIT) reports 15.94%, ranking against industry peers normally.

WIT

Software & Services industry group

15.94%

Max
53.85%
Q3
17.90%
WIT
15.94%
Median
6.59%
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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Wipro (WIT) vs. Zscaler (ZS): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Zscaler (ZS) reports a negative net margin of -1.89%, usually indicating a net loss over the period. Meanwhile Wipro (WIT) reports 13.58%, ranking against industry peers normally.

WIT

Software & Services industry group

13.58%

Max
41.17%
Q3
15.28%
WIT
13.58%
Median
4.63%
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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Wipro (WIT) vs. Zscaler (ZS): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Zscaler (ZS) reports a negative operating margin of -1.01%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Wipro (WIT) reports 16.16%, ranking against industry peers normally.

WIT

Software & Services industry group

16.16%

Max
46.89%
Q3
17.64%
WIT
16.16%
Median
8.73%
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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Wipro (WIT) vs. Zscaler (ZS): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Wipro (WIT) and Zscaler (ZS)
MetricWITZS
ROE (TTM)15.94%-2.87%
ROA (TTM)7.26%-1.03%
Net Margin (TTM)13.58%-1.89%
Operating Margin (TTM)16.16%-1.01%
Gross Margin (TTM)28.87%76.87%

Growth

Revenue Growth

Zscaler (ZS) at 25.42% is around its peer norm for revenue growth, while Wipro (WIT) at 3.97% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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

EPS Growth

Only one side can be read here: Wipro (WIT) reports EPS growth of 0.32%, ranked against its industry; Zscaler (ZS) has no EPS growth figure this period.

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Wipro (WIT) vs. Zscaler (ZS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Wipro (WIT) and Zscaler (ZS)
MetricWITZS
Revenue Growth (YoY)3.97%25.42%
Revenue Growth (3Y CAGR)0.78%27.51%
EPS Growth (YoY)0.32%--
EPS Growth (3Y CAGR)6.70%--

Financial Strength

Current Ratio (MRQ)

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

WIT

Software & Services industry group

1.70

Max
5.11
Q3
2.77
WIT
1.70
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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Wipro (WIT) vs. Zscaler (ZS): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Both Wipro (WIT) at 0.28 and Zscaler (ZS) at 0.72 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

WIT

Software & Services industry group

0.28

Max
2.52
Q3
1.13
Median
0.40
WIT
0.28
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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Wipro (WIT) 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 Wipro (WIT) and Zscaler (ZS)
MetricWITZS
Current Ratio (MRQ)1.701.70
Debt / Equity (MRQ)0.280.72
Net Debt / EBITDA-1.20-36.63

Dividends

Dividend Yield (TTM)

Zscaler (ZS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Wipro (WIT) reports a yield of 370.37%, ranking against industry peers normally.

WIT

Software & Services industry group

370.37%

WIT
370.37%
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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Wipro (WIT) vs. Zscaler (ZS): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Zscaler (ZS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Wipro (WIT) reports a payout of 60.56%, ranking against industry peers normally.

WIT

Software & Services industry group

60.56%

WIT
60.56%
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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Wipro (WIT) vs. Zscaler (ZS): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Wipro (WIT) and Zscaler (ZS)
MetricWITZS
Dividend Yield (TTM)370.37%0.00%
Dividend Payout Ratio (TTM)60.56%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Wipro (WIT) trades at 15.43 times trailing earnings, ranked against its peers, while Zscaler (ZS) has no P/E ratio this period.

WIT

Software & Services industry group

15.43

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
WIT
15.43
Min
6.69

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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Wipro (WIT) vs. Zscaler (ZS): ZS does not report P/E ratio, so it has no value marker; WIT is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Wipro (WIT) at 0.02 looks cheap on sales in the lower P/S ratio quartile, while Zscaler (ZS) at 9.61 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

WIT

Software & Services industry group

0.02

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

P/B Ratio (MRQ)

Wipro (WIT) at 2.54 is valued about in line with its industry on P/B ratio, while Zscaler (ZS) at 12.40 carries an above-peer premium to book — ZS is pricier on assets.

WIT

Software & Services industry group

2.54

Max
16.63
Q3
8.50
Median
4.30
WIT
2.54
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
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Wipro (WIT) vs. Zscaler (ZS): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Wipro (WIT) and Zscaler (ZS)
MetricWITZS
P/E Ratio (TTM)15.43--
P/S Ratio (TTM)0.029.61
P/B Ratio (MRQ)2.5412.40
Free Cash Flow Yield (TTM)490.89%3.34%