Zscaler (NASDAQ: ZS) has emerged as one of the top cybersecurity companies. Although it is a leader in zero trust security (hence the name), it offers cybersecurity on several fronts.

However, it competes with , Palo Alto Networks, Fortinet, and others, and investors may hesitate to buy the stock with its forward P/E ratio near 70. Given such conditions, did investors wait too long to buy this cybersecurity stock? Let's take a closer look.

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Source Fool.com