ZTO Express (Cayman) (ZTO) Price to Book (2016 - 2026)
ZTO Express (Cayman)'s (ZTO) Price to Book came in at 1.88 for the quarter ended Jun 30, 2026, up 20.3% from 1.57 a year earlier but down 13.7% from the prior quarter.
ZTO Express (Cayman) (ZTO) Price to Book (2016 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, ZTO Express (Cayman)'s Price to Book stood at 1.72, down 5.4% from the prior year.
- Annual Price to Book has declined for six consecutive years.
- In prior years, ZTO Express (Cayman)'s Price to Book was 1.82 in the year ended Dec 31, 2024 (-9.8%), 2.02 in the year ended Dec 31, 2023 (-26.7%), 2.75 in the year ended Dec 31, 2022 (-7.3%) and 2.97 in the year ended Dec 31, 2021 (-7.5%).
- Quarterly Price to Book has run from a low of 1.57 in the quarter ended Jun 30, 2025 to a high of 3.48 in the quarter ended Sep 30, 2021 over five years.
- On a year-over-year basis, Price to Book increased in two of the last eight quarters, with an average decline of 5.3%.
- The strongest year-over-year quarter for Price to Book in the past five years was the quarter ended Jun 30, 2026, with growth of 20.3%; the weakest was the quarter ended Mar 31, 2024, with a decline of 29.4%.
- According to Business Quant data, Price to Book for the three prior quarters was 2.18 (quarter ended Mar 31, 2026), 1.75 (quarter ended Dec 31, 2025) and 1.67 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - |
| 10 | ZTO Express (Cayman) | 15.42 Bn | -712.48 Mn | 550.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.88 |
| Mar 31, 2026 | 2.18 |
| Dec 31, 2025 | 1.75 |
| Sep 30, 2025 | 1.67 |
| Jun 30, 2025 | 1.57 |
| Mar 31, 2025 | 1.83 |
| Dec 31, 2024 | 1.79 |
| Sep 30, 2024 | 2.29 |
| Jun 30, 2024 | 1.99 |
| Mar 31, 2024 | 2.08 |
| Dec 31, 2023 | 2.05 |
| Sep 30, 2023 | 2.45 |
| Jun 30, 2023 | 2.61 |
| Mar 31, 2023 | 2.95 |
| Dec 31, 2022 | 2.84 |
| Sep 30, 2022 | 2.57 |
| Jun 30, 2022 | 2.85 |
| Mar 31, 2022 | 2.56 |
| Dec 31, 2021 | 2.98 |
| Sep 30, 2021 | 3.48 |
ZTO Express (Cayman) Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=ZTO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "ZTO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=ZTO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();