ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and so...

ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) currently trades at a P/E ratio of 1.93 (historical range: 1.91–2.23, median: 2.13), placing it at the 14th percentile — cheap relative to its history, P/S ratio of 0.36 (range: 0.35–0.41, 14th percentile — cheap relative to its history), EV/EBITDA of 0.32 (range: 0.30–0.58, 14th percentile).

ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share appears significantly undervalued relative to its historical range, trading at depressed multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio1.931.912.132.2314thcheap relative to its history
P/S Ratio0.360.350.390.4114thcheap relative to its history
EV/EBITDA0.320.300.500.5814thcheap relative to its history
Current Price: $21.19
Market Cap: $16.1B
Sector: Other