ZTO Express (Cayman) Inc.

ZTO Industrials Integrated Freight & Logistics

ZTO Express (Cayman) Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.0 billion, up 15.7% from fiscal 2024.

Revenue
+29.8%
EPS
+73.5%
Free cash flow
+121.4%
Total debt
+25.3%

Quarter to June 2026, against a year earlier

20.88 0.31 +1.51%
Market cap
$11.4B
P/E
11.0×
Fwd P/E
10.2×
Dividend yield
1.87%
F-score
7/9
Altman Z
4.65
Beneish M
−2.68
Dividend safety
68/100

ZTO Express (Cayman) Inc. (ZTO) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, ZTO Express (Cayman) Inc. (ZTO) trades at a P/B ratio of 1.7×. Over the past ten years it has ranged from 1.5× (April 2025) to 9.4× (October 2016); the current reading is higher than 7% of that period. That is in line with the Integrated Freight & Logistics industry median of 1.7× and below the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.7× (5.29%)
FY2024 1.8× (6.94%)
FY2023 2.0× (30.31%)
FY2022 2.8× (6.24%)
FY2021 3.0× (2.31%)
FY2020 3.1× (7.04%)
FY2019 3.3× 38.99%
FY2018 2.4× (33.18%)
FY2017 3.6× (47.11%)
FY2016 6.8× (26.43%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.8× (14.95%)
Mar 2026 2.1× 23.48%
Dec 2025 1.7× 3.80%
Sep 2025 1.7× 6.64%
38 more quarters

Against its own ten years

Low 1.5× High 9.4×
Ten-year median 2.9×
Current reading's percentile 7

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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