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ZTO (ZTO Express (Cayman)) Cyclically Adjusted PS Ratio : 3.52 (As of May. 24, 2025)


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What is ZTO Express (Cayman) Cyclically Adjusted PS Ratio?

As of today (2025-05-24), ZTO Express (Cayman)'s current share price is $16.95. ZTO Express (Cayman)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $4.82. ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio for today is 3.52.

The historical rank and industry rank for ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

ZTO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.51   Med: 3.88   Max: 3.96
Current: 3.52

During the past years, ZTO Express (Cayman)'s highest Cyclically Adjusted PS Ratio was 3.96. The lowest was 3.51. And the median was 3.88.

ZTO's Cyclically Adjusted PS Ratio is ranked worse than
84.88% of 688 companies
in the Transportation industry
Industry Median: 0.925 vs ZTO: 3.52

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ZTO Express (Cayman)'s adjusted revenue per share data for the three months ended in Mar. 2025 was $1.806. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $4.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZTO Express (Cayman) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ZTO Express (Cayman) Cyclically Adjusted PS Ratio Chart

ZTO Express (Cayman) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
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ZTO Express (Cayman) Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 4.11

Competitive Comparison of ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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)'s Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio falls into.


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ZTO Express (Cayman) Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.95/4.82
=3.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ZTO Express (Cayman)'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ZTO Express (Cayman)'s adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.806/115.1156*115.1156
=1.806

Current CPI (Mar. 2025) = 115.1156.

ZTO Express (Cayman) Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.000 0.000
201509 0.283 100.500 0.324
201512 0.433 100.600 0.495
201603 0.384 102.200 0.433
201606 0.561 101.400 0.637
201609 0.570 102.400 0.641
201612 0.640 102.600 0.718
201703 0.526 103.200 0.587
201706 0.606 103.100 0.677
201709 0.668 104.100 0.739
201712 0.922 104.500 1.016
201803 0.789 105.300 0.863
201806 0.899 104.900 0.987
201809 0.784 106.600 0.847
201812 1.037 106.500 1.121
201903 0.867 107.700 0.927
201906 1.000 107.700 1.069
201909 0.946 109.800 0.992
201912 1.248 111.200 1.292
202003 0.713 112.300 0.731
202006 1.153 110.400 1.202
202009 1.242 111.700 1.280
202012 1.515 111.500 1.564
202103 1.200 112.662 1.226
202106 1.379 111.769 1.420
202109 1.402 112.215 1.438
202112 1.790 113.108 1.822
202203 1.541 114.335 1.552
202206 1.597 114.558 1.605
202209 1.552 115.339 1.549
202212 1.683 115.116 1.683
202303 1.551 115.116 1.551
202306 1.619 114.558 1.627
202309 1.484 115.339 1.481
202312 1.776 114.781 1.781
202403 1.654 115.227 1.652
202406 1.761 114.781 1.766
202409 1.800 115.785 1.790
202412 2.120 114.893 2.124
202503 1.806 115.116 1.806

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ZTO Express (Cayman)  (NYSE:ZTO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


ZTO Express (Cayman) Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of ZTO Express (Cayman)'s Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ZTO Express (Cayman) Business Description

Address
No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. 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 77% voting rights as of June 30, 2023. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 11.7% interest.