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	Apr '26 Apr 29, 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	197,099,405	224,853,614	188,109,185	280,447,412	149,929,808	102,694,653
Market Cap Growth	30.51%	19.53%	-32.92%	87.05%	46.00%	-66.51%
Enterprise Value	114,326,291	141,334,050	125,435,101	239,247,678	120,242,399	85,025,703
PE Ratio	9.71	12.02	9.32	25.16	25.66	68.12
Forward PE	7.95	9.54	8.57	22.91	21.23	48.08
PEG Ratio	-	2.35	0.40	1.00	0.50	-
PS Ratio	2.20	2.61	2.50	5.75	5.69	4.99
PB Ratio	2.30	2.73	3.15	7.61	6.30	6.24
P/TBV Ratio	21.59	0.41	0.46	1.14	1.00	1.11
P/FCF Ratio	8.98	10.67	8.15	15.23	15.51	18.38
P/OCF Ratio	8.88	10.56	8.08	15.13	15.30	16.28
EV/Sales Ratio	1.33	1.64	1.67	4.91	4.56	4.13
EV/EBITDA Ratio	5.96	7.39	5.92	20.06	17.97	44.38
EV/EBIT Ratio	6.18	7.62	6.06	20.71	19.58	56.24
EV/FCF Ratio	5.21	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	0.08	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	-5.80	-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	0.58	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)	18.86%	26.89%	44.92%	39.36%	32.86%	11.12%
Return on Assets (ROA)	9.05%	13.42%	21.54%	16.75%	12.65%	3.23%
Return on Invested Capital (ROIC)	348.60%	517.07%	1646.91%	9724.11%	462.72%	82.93%
Return on Capital Employed (ROCE)	18.79%	25.41%	42.37%	37.22%	29.27%	8.49%
Earnings Yield	10.30%	8.32%	10.74%	3.97%	3.90%	1.47%
FCF Yield	11.14%	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.