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ZTO Express (Cayman)ZTO +0.48%96 3-Year Book Growth Rate is 7.80% as of Jun. 2026, which is 63% above its 10-year median of 4.80. GuruFocus rates ZTO with a GF Score™ of 96/100 and a GF Value™ of $28.27 (Modestly Undervalued). Among 957 Transportation companies, ZTO Express (Cayman) ranks better than 57.78% on this metric.
During the past 12 months, ZTO Express (Cayman)'s average Book Value per Share Growth Rate was 10.40% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 7.80% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 5.40% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 4.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 12 years, the highest 3-Year average Book Value per Share Growth Rate of ZTO Express (Cayman) was 161.70% per year. The lowest was -28.90% per year. And the median was 4.80% per year.
ZTO Express (Cayman) (NYSE:ZTO) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
ZTO Express (Cayman) 3-Year Book Growth Rate Related Terms
ZTO vs CHRW, FDXF, JBHT: 3-Year Book Growth Rate Comparison
For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'s 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ZTO Express (Cayman) 3-Year Book Growth Rate vs Transportation Industry
For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where ZTO Express (Cayman)'s 3-Year Book Growth Rate falls into.
ZTO Express (Cayman) 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 7.80% mean?
ZTO Express (Cayman) (ZTO) has a 3-Year Book Growth Rate of 7.80% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for ZTO Express (Cayman) and its competitors. This is 63% above median its historical median of 4.80. According to the industry distribution chart, ZTO Express (Cayman) ranks #404 out of 957 companies in the Transportation industry, placing it in the top 42.2%.
Is ZTO Express (Cayman)'s 3-Year Book Growth Rate too high?
ZTO Express (Cayman)'s current 3-Year Book Growth Rate of 7.80% is 63% above median its 10-year median of 4.80. The Transportation industry median 3-Year Book Growth Rate is 6.00. ZTO Express (Cayman)'s value of 7.80% is 30% above this industry median. Based on the distribution chart, ZTO Express (Cayman) ranks #404 out of 957 companies in the Transportation industry, which is above the industry midpoint. Overall, ZTO Express (Cayman) has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s 3-Year Book Growth Rate compare to CHRW and FDXF?
According to the Transportation industry distribution chart, ZTO Express (Cayman) ranks #404 out of 957 companies for 3-Year Book Growth Rate. This puts ZTO Express (Cayman) in the upper half of its industry. The industry median 3-Year Book Growth Rate is 6.00. ZTO Express (Cayman)'s value of 7.80% is 30% above this benchmark. While the company's 10-year median is 4.80 vs. the industry median of 6.00, ZTO Express (Cayman) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Transportation company?
The median 3-Year Book Growth Rate among Transportation companies is 6.00, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ZTO Express (Cayman)'s current 3-Year Book Growth Rate of 7.80% is 30% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for ZTO Express (Cayman) and its competitors. For the Transportation industry, the median 3-Year Book Growth Rate is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTO Express (Cayman)'s current 3-Year Book Growth Rate is 7.80%, which is 63% above median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, ZTO Express (Cayman) (ZTO) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.27, compared to a current price of $20.96 — trading 25.9% below its estimated fair value. The current 3-Year Book Growth Rate is 7.80%, which is 63% above median its 10-year median of 4.80 and 30% above the Transportation industry median of 6.00. ZTO Express (Cayman)'s overall GF Score™ is 96/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For ZTO Express (Cayman) (ZTO), the current 3-Year Book Growth Rate is 7.80% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ZTO Express (Cayman) (ZTO) Overvalued in 2026?
Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued.
The current stock price of $20.96 is trading 25.9% below its estimated GF Value™ of $28.27.
GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.
Key valuation signals for ZTO:
3-Year Book Growth Rate: 7.80% (63% above median its 10-year median of 4.80)
GF Value™: $28.27 vs. price of $20.96 (25.9% below fair value)
Industry Position: 30% above the Transportation median (#404 of 957)
No single metric tells the full story. See the ZTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
96GF Score
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