ZTO Express
ZTO
#1082
Rank
ยฃ13.94 B
Marketcap
ยฃ17.00
Share price
-3.60%
Change (1 day)
-13.87%
Change (1 year)
Categories
ZTO Express (Cayman) Inc. is a China-based company primarily engaged in providing express delivery through its nationwide network.

P/E ratio for ZTO Express (ZTO)

P/E ratio as of November 2024 (TTM): 15.1

According to ZTO Express 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.0661. At the end of 2022 the company had a P/E ratio of 21.8.

P/E ratio history for ZTO Express from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.8-30.29%
202131.3-15.12%
202036.964.6%
201922.422.9%
201818.2-23.72%
201723.9-15.63%
201628.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.4-24.02%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1 0.00%๐Ÿ‡จ๐Ÿ‡ณ China

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.