P/E ratio for ZTO Express (ZTO)
P/E ratio as of April 2024 (TTM): 13.3
According to ZTO Express 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2541. 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 |
|---|---|---|
| 2022 | 21.8 | -30.29% |
| 2021 | 31.3 | -15.12% |
| 2020 | 36.9 | 64.6% |
| 2019 | 22.4 | 22.9% |
| 2018 | 18.2 | -23.72% |
| 2017 | 23.9 | -15.63% |
| 2016 | 28.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 United Parcel Service UPS | 12.3 | -7.24% | 🇺🇸 USA |
 ZTO Express
ZTO | 13.3 | 0.00% | 🇨🇳 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.