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ZTO Express (Cayman)ZTO +0.19%90 Shiller PE Ratio is 18.06 as of Sep. 05, 2026, which is 9% below its 10-year median of 19.75. GuruFocus rates ZTO with a GF Score™ of 90/100 and a GF Value™ of $28.03 (Modestly Undervalued). Among 595 Transportation companies, ZTO Express (Cayman) ranks better than 50.42% on this metric.
The historical rank and industry rank for ZTO Express (Cayman)'s Shiller PE Ratio or its related term are showing as below:
ZTO'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.95 Med: 19.75 Max: 23.42
Current: 18.03
During the past years, ZTO Express (Cayman)'s highest Shiller PE Ratio was 23.42. The lowest was 16.95. And the median was 19.75.
ZTO's Shiller PE Ratio is ranked better than 50.42% of 595
companies
in the Transportation industry
Industry Median: 18.11
vs ZTO: 18.03
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
ZTO Express (Cayman)'s adjusted earnings per share data for the three months ended in Jun. 2026 was $0.555. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.16 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
ZTO Express (Cayman) (NYSE:ZTO) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
ZTO Express (Cayman) Shiller PE Ratio Related Terms
ZTO Express (Cayman) Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for ZTO Express (Cayman)'s Shiller PE 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.
ZTO vs CHRW, FDXF, JBHT: Shiller PE Ratio Comparison
For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'s Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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) Shiller PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where ZTO Express (Cayman)'s Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our E10.
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) (ZTO) has a Shiller PE Ratio of 18.06 as of Sep. 05, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ZTO Express (Cayman) and its competitors. This is near median its historical median of 19.75. Over the past decade, ZTO Express (Cayman)'s Shiller PE Ratio has ranged from 16.95 to 23.42. According to the industry distribution chart, ZTO Express (Cayman) ranks #295 out of 595 companies in the Transportation industry, placing it in the top 49.6%.
Is ZTO Express (Cayman)'s Shiller PE Ratio too high?
ZTO Express (Cayman)'s current Shiller PE Ratio of 18.06 is near median its 10-year median of 19.75. Over the past 10 years, this metric has ranged from a low of 16.95 to a high of 23.42. The Transportation industry median Shiller PE Ratio is 18.11. ZTO Express (Cayman)'s value of 18.06 is 0.3% below this industry median. Based on the distribution chart, ZTO Express (Cayman) ranks #295 out of 595 companies in the Transportation industry, which is above the industry midpoint. Overall, ZTO Express (Cayman) has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Shiller PE Ratio compare to CHRW and FDXF?
According to the Transportation industry distribution chart, ZTO Express (Cayman) ranks #295 out of 595 companies for Shiller PE Ratio. This puts ZTO Express (Cayman) in the upper half of its industry. The industry median Shiller PE Ratio is 18.11. ZTO Express (Cayman)'s value of 18.06 is 0.3% below this benchmark. Historically, ZTO Express (Cayman)'s own Shiller PE Ratio has ranged from 16.95 to 23.42 over the past decade. While the company's 10-year median is 19.75 vs. the industry median of 18.11, ZTO Express (Cayman) has consistently been below 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 Shiller PE Ratio for a Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.11, based on 595 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ZTO Express (Cayman)'s current Shiller PE Ratio of 18.06 is 0.3% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on ZTO Express (Cayman) and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTO Express (Cayman)'s current Shiller PE Ratio is 18.06, which is near median its own 10-year median of 19.75. 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 $28.03, compared to a current price of $20.95 — trading 25.3% below its estimated fair value. The current Shiller PE Ratio is 18.06, which is near median its 10-year median of 19.75 and 0.3% below the Transportation industry median of 18.11. ZTO Express (Cayman)'s overall GF Score™ is 90/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For ZTO Express (Cayman) (ZTO), the current Shiller PE Ratio is 18.06 as of Sep. 05, 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 $20.95 is trading 25.3% below its estimated GF Value™ of $28.03.
GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.
Key valuation signals for ZTO:
Shiller PE Ratio: 18.06 (near median its 10-year median of 19.75)
GF Value™: $28.03 vs. price of $20.95 (25.3% below fair value)
Industry Position: 0.3% below the Transportation median (#295 of 595)
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.
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