PDD Holdings Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan '26 Jan 30, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	143,455	134,697	194,386	103,111	73,067	217,881
Market Cap Growth	2.58%	-30.71%	88.52%	41.12%	-66.47%	395.63%
Enterprise Value	85,430	92,181	169,293	86,131	59,806	212,474
Last Close Price	101.05	96.99	146.31	81.55	58.30	177.67
PE Ratio	10.44	8.74	22.96	22.55	59.75	-
Forward PE	8.43	8.57	22.91	21.23	48.08	-
PS Ratio	2.40	2.50	5.57	5.45	4.94	23.91
PB Ratio	2.57	3.14	7.36	6.04	6.18	23.64
P/TBV Ratio	2.61	3.14	7.36	6.05	6.24	24.15
P/FCF Ratio	8.95	8.13	14.73	14.86	18.21	50.53
P/OCF Ratio	9.09	8.06	14.64	14.66	16.13	50.45
PEG Ratio	1.32	0.40	1.00	0.50	-	-
EV/Sales Ratio	1.45	1.71	4.85	4.55	4.04	23.32
EV/EBITDA Ratio	6.53	6.17	20.18	18.21	45.27	-
EV/EBIT Ratio	6.58	6.21	20.45	19.54	55.09	-
EV/FCF Ratio	5.33	5.56	12.83	12.41	14.90	49.27
Debt / Equity Ratio	0.03	0.03	0.05	0.14	0.17	0.28
Debt / EBITDA Ratio	0.11	0.10	0.17	0.51	1.43	-
Debt / FCF Ratio	0.10	0.09	0.11	0.35	0.50	0.60
Asset Turnover	0.78	0.92	0.85	0.62	0.55	0.51
Quick Ratio	2.00	1.82	1.49	1.34	1.05	1.10
Current Ratio	2.36	2.21	1.93	1.85	1.72	1.78
Return on Equity (ROE)	30.53%	44.92%	39.36%	32.70%	11.48%	-16.93%
Return on Assets (ROA)	10.70%	15.89%	12.54%	9.08%	2.54%	-4.99%
Return on Capital Employed (ROCE)	23.40%	34.20%	30.10%	25.30%	7.90%	-12.50%
Earnings Yield	10.01%	11.44%	4.35%	4.44%	1.67%	-0.51%
FCF Yield	11.17%	12.30%	6.79%	6.73%	5.49%	1.98%
Buyback Yield / Dilution	-0.86%	-1.32%	-1.36%	-0.83%	-19.83%	-3.05%

Updated Nov 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q