ZTO Express (ZTO) - P/B ratio

P/B ratio as of February 2026 : 2.02

According to ZTO Express 's latest financial reports the company has a price-to-book ratio of 2.81518.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

ZTO Express - P/B ratio (from 2016 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.84	-1.45%
2024-12-31	1.87	-8%
2023-12-31	2.03	-28.67%
2022-12-31	2.84	-4.87%
2021-12-31	2.99	599.49%
2020-12-31	0.4274	-87.13%
2019-12-31	3.32	33.1%
2018-12-31	2.50	-27.99%
2017-12-31	3.47	11.65%
2016-12-31	3.10
2015-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
United Parcel Service UPS	6.19	206.15%	🇺🇸 USA
ZTO Express ZTO	2.02	0.00%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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