PDD Holdings Ratios and Metrics

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

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 21, 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	187,265,438	226,863,072	189,790,268	282,953,698	151,269,691	103,612,408
Market Cap Growth	6.55%	19.53%	-32.92%	87.05%	46.00%	-66.51%
Enterprise Value	104,295,614	142,597,115	126,556,082	241,385,772	121,316,974	85,785,555
PE Ratio	9.22	12.02	9.32	25.16	25.66	68.12
Forward PE	7.50	9.54	8.57	22.91	21.23	48.08
PEG Ratio	-	2.35	0.40	1.00	0.50	-
PS Ratio	2.09	2.61	2.50	5.75	5.69	4.99
PB Ratio	2.18	2.73	3.15	7.61	6.30	6.24
P/TBV Ratio	20.10	0.41	0.46	1.14	1.00	1.11
P/FCF Ratio	8.53	10.67	8.15	15.23	15.51	18.38
P/OCF Ratio	8.44	10.56	8.08	15.13	15.30	16.28
EV/Sales Ratio	1.21	1.64	1.67	4.91	4.56	4.13
EV/EBITDA Ratio	5.43	7.39	5.92	20.06	17.97	44.38
EV/EBIT Ratio	5.62	7.62	6.06	20.71	19.58	56.24
EV/FCF Ratio	4.75	6.71	5.43	12.99	12.44	15.21
Debt / Equity Ratio	0.01	0.01	0.01	0.04	0.02	0.16
Debt / EBITDA Ratio	0.06	0.06	0.10	0.17	0.51	1.46
Debt / FCF Ratio	0.05	0.05	0.09	0.11	0.35	0.50
Net Debt / Equity Ratio	-1.01	-1.01	-1.02	-1.11	-1.12	-1.07
Net Debt / EBITDA Ratio	-4.34	-4.34	-2.89	-3.42	-4.00	-9.17
Net Debt / FCF Ratio	-3.94	-3.94	-2.65	-2.21	-2.77	-3.14
Asset Turnover	0.76	0.76	0.92	0.85	0.62	0.55
Quick Ratio	2.05	2.05	1.82	1.49	1.34	1.04
Current Ratio	2.43	2.43	2.21	1.93	1.85	1.72
Return on Equity (ROE)	26.89%	26.89%	44.92%	39.36%	32.86%	11.12%
Return on Assets (ROA)	13.42%	13.42%	21.54%	16.75%	12.65%	3.23%
Return on Invested Capital (ROIC)	517.07%	517.07%	1646.91%	9724.11%	462.72%	82.93%
Return on Capital Employed (ROCE)	25.41%	25.41%	42.37%	37.22%	29.27%	8.49%
Earnings Yield	10.84%	8.32%	10.74%	3.97%	3.90%	1.47%
FCF Yield	11.72%	9.37%	12.27%	6.57%	6.45%	5.44%
Buyback Yield / Dilution	-0.22%	-0.22%	-1.32%	-1.36%	-0.83%	-19.83%
Total Shareholder Return	-0.22%	-0.22%	-1.32%	-1.36%	-0.83%	-19.83%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.