If you're looking at ASX technology shares, chances are both Xero Ltd and Life360 Inc are on your radar. Let's take a closer look at Xero vs Life360 shares.
Xero is a New Zealand-born technology company, now with a global reach, that provides cloud-based accounting software to small and medium businesses. Its product helps businesses manage financials, payroll, invoicing, and compliance, all via an easy-to-use, subscription-based platform.
A few things jump out from Xero's current numbers:.
According to its most recent public description, Xero is considered a leader in cloud accounting for small and medium-sized businesses and works off a recurring revenue, subscription-based model.
Life360 is a US-based software company best-known for its popular family safety app.
Several fundamentals stand out for Life360 right now:.
Note: Xero's reported P/E ratio is positive despite a negative EPS.
Life360 looks cheaper on a P/E basis and is reporting positive earnings per share, whereas Xero is not.
Comparing 24 Aug – 21 Sep 2026:.
While it's smaller, Life360 boasts positive earnings per share and trades at a P/E ratio less than half Xero's. That could suggest a more appealing balance between growth potential and value, especially with Life360 expanding into new revenue streams like advertising.
Xero's negative EPS and much higher valuation multiple are red flags for me, especially when the company is also coming off a big share price fall.