PDD Holdings Inc. (PDD)

PDD Holdings Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	143,200	160,974	134,697	194,386	103,111	73,067
Market Cap Growth	-18.11%	19.51%	-30.71%	88.52%	41.12%	-66.47%
Enterprise Value	83,591	102,948	92,181	169,293	86,131	59,806
Last Close Price	100.87	113.39	96.99	146.31	81.55	58.30
PE Ratio	10.52	11.33	8.74	22.96	22.55	59.75
Forward PE	8.37	9.54	8.57	22.91	21.23	48.08
PS Ratio	2.32	2.61	2.50	5.57	5.45	4.94
PB Ratio	2.39	2.71	3.14	7.36	6.04	6.18
P/TBV Ratio	2.41	2.71	3.14	7.36	6.05	6.24
P/FCF Ratio	9.22	10.53	8.13	14.73	14.86	18.21
P/OCF Ratio	9.37	10.53	8.06	14.64	14.66	16.13
PEG Ratio	1.08	2.35	0.40	1.00	0.50	-
EV/Sales Ratio	1.35	1.67	1.71	4.85	4.55	4.04
EV/EBITDA Ratio	6.13	7.55	6.17	20.18	18.21	45.27
EV/EBIT Ratio	6.18	7.61	6.21	20.45	19.54	55.09
EV/FCF Ratio	5.38	6.73	5.56	12.83	12.41	14.90
Debt / Equity Ratio	0.01	0.01	0.03	0.05	0.14	0.17
Debt / EBITDA Ratio	0.06	0.06	0.10	0.17	0.51	1.43
Debt / FCF Ratio	0.05	0.05	0.09	0.11	0.35	0.50
Net Debt / Equity Ratio	-1.00	-1.00	-1.02	-1.11	-1.12	-1.07
Net Debt / EBITDA Ratio	-4.37	-4.37	-2.94	-3.48	-4.06	-9.55
Net Debt / FCF Ratio	-3.90	-3.90	-2.65	-2.21	-2.77	-3.14
Asset Turnover	0.76	0.76	0.92	0.85	0.62	0.55
Quick Ratio	2.06	2.06	1.82	1.49	1.34	1.05
Current Ratio	2.45	2.45	2.21	1.93	1.85	1.72
Return on Equity (ROE)	27.29%	27.29%	44.92%	39.36%	32.70%	11.48%
Return on Assets (ROA)	10.42%	10.42%	15.89%	12.54%	9.08%	2.54%
Return on Capital Employed (ROCE)	22.60%	22.60%	34.20%	30.10%	25.30%	7.90%
Earnings Yield	9.92%	8.82%	11.44%	4.35%	4.44%	1.67%
FCF Yield	10.85%	9.50%	12.30%	6.79%	6.73%	5.49%
Buyback Yield / Dilution	-0.22%	-0.22%	-1.32%	-1.36%	-0.83%	-19.83%

Updated Mar 25, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q