Zhihu Inc. (ZH)

NYSE: ZH · Real-Time Price · USD

3.270

-0.010 (-0.30%)

Jul 31, 2026, 4:00 PM EDT - Market closed

Zhihu Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	256	289	309	534	823	3,290
Market Cap Growth	-26.91%	-6.46%	-42.15%	-35.04%	-75.00%	-
Enterprise Value	-360.61	-296.48	-345.7	-216.58	-65.27	2,176
Last Close Price	3.27	3.28	3.54	5.62	7.80	33.24

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	46.83	99.01	280.48	-	-	-
PS Ratio	0.66	0.74	0.63	0.90	1.57	7.07
PB Ratio	0.46	0.53	0.55	0.82	1.00	3.11
P/TBV Ratio	0.07	0.07	0.08	0.13	0.15	0.40

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	-	-0.75	-0.70	-0.37	-0.12	4.67
EV/EBITDA Ratio	-	4.25	5.50	1.46	0.29	-
EV/EBIT Ratio	-	4.09	5.24	1.43	0.28	-
EV/FCF Ratio	-	5.68	8.92	3.62	0.40	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.00	0.01	0.00	0.00	0.01	0.01
Net Debt / Equity Ratio	-1.13	-1.10	-1.17	-1.18	-1.09	-1.05
Net Debt / EBITDA Ratio	8.22	8.54	10.54	5.17	3.91	5.18
Net Debt / FCF Ratio	-	11.42	17.10	12.78	5.53	15.84
Asset Turnover	0.52	0.50	0.57	0.58	0.44	0.47
Quick Ratio	3.71	3.65	3.49	3.16	3.90	4.25
Current Ratio	3.78	3.73	3.60	3.28	4.01	4.39
Return on Equity (ROE)	-5.02%	-4.84%	-3.80%	-16.15%	-25.39%	-163.00%
Return on Assets (ROA)	-11.43%	-10.45%	-7.28%	-15.05%	-19.66%	-22.23%
Return on Invested Capital (ROIC)	-	-	-	-	-	-116.60%
Return on Capital Employed (ROCE)	-13.32%	-12.48%	-10.62%	-20.08%	-25.18%	-28.81%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Buyback Yield / Dilution	10.39%	12.25%	8.55%	1.87%	-26.92%	-267.91%
Total Shareholder Return	10.39%	12.25%	8.55%	1.87%	-26.92%	-267.91%

SEC Filings: 10-K · 10-Q