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ZTO Express (Cayman) (HKSE:02057) Shiller PE Ratio : 28.51 (As of May. 15, 2024)


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What is ZTO Express (Cayman) Shiller PE Ratio?

As of today (2024-05-15), ZTO Express (Cayman)'s current share price is HK$173.60. ZTO Express (Cayman)'s E10 for the fiscal year that ended in Dec23 was HK$6.09. ZTO Express (Cayman)'s Shiller PE Ratio for today is 28.51.

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

HKSE:02057' s Shiller PE Ratio Range Over the Past 10 Years
Min: 20.1   Med: 25.06   Max: 27.26
Current: 27.14

During the past 10 years, ZTO Express (Cayman)'s highest Shiller PE Ratio was 27.26. The lowest was 20.10. And the median was 25.06.

HKSE:02057's Shiller PE Ratio is ranked worse than
71.65% of 568 companies
in the Transportation industry
Industry Median: 17.215 vs HKSE:02057: 27.14

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 of for the fiscal year that ended in Dec23 was HK$11.594. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is HK$6.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZTO Express (Cayman) Shiller PE Ratio Historical Data

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.

* Premium members only.

ZTO Express (Cayman) Shiller PE Ratio Chart

ZTO Express (Cayman) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26.53

ZTO Express (Cayman) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 - - - - 26.53

Competitive Comparison of ZTO Express (Cayman)'s Shiller PE Ratio

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)'s Shiller PE Ratio Distribution in the 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.



ZTO Express (Cayman) Shiller PE Ratio Calculation

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.

ZTO Express (Cayman)'s Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=173.60/6.09
=28.51

* 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 E10 for the fiscal year that ended in Dec23 is calculated as:

For example, ZTO Express (Cayman)'s adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=11.594/114.6694*114.6694
=11.594

Current CPI (Dec23) = 114.6694.

ZTO Express (Cayman) Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.650 99.000 0.753
201512 1.981 100.600 2.258
201612 3.263 102.600 3.647
201712 5.214 104.500 5.721
201812 6.611 106.500 7.118
201912 8.045 111.200 8.296
202012 6.425 111.500 6.608
202112 7.102 113.108 7.200
202212 9.336 115.116 9.300
202312 11.594 114.669 11.594

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)  (HKSE:02057) 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

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ZTO Express (Cayman) (HKSE:02057) 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 the Chairman, 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.

ZTO Express (Cayman) (HKSE:02057) Headlines

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