ZTO Express (Cayman) Price/Book Ratio 2016-2024 | ZTO
- ZTO Express (Cayman) average price/book ratio for 2023 was 2.38, a 7.75% decline from 2022.
- ZTO Express (Cayman) average price/book ratio for 2022 was 2.58, a 14.57% decline from 2021.
- ZTO Express (Cayman) average price/book ratio for 2021 was 3.02, a 17.26% decline from 2020.
Price/book ratio can be defined as