PDD Holdings (PDD) valuation
PDD Holdings P/E ratio history
PDD Holdings trades at 8.8 times its earnings over the last twelve months.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Dec 31, 2025 | $113.39 | — | n/m |
| Dec 31, 2024 | $96.99 | — | n/m |
| Dec 31, 2023 | $146.31 | — | n/m |
| Dec 31, 2022 | $81.55 | — | n/m |
| Dec 31, 2021 | $58.30 | — | n/m |
| Dec 31, 2020 | $177.67 | — | n/m |
| Dec 31, 2019 | $37.82 | — | n/m |
| Dec 31, 2018 | $22.44 | — | n/m |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
PDD Holdings valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| PDD HoldingsPDD | $110B | 8.8 | — | 1.7 |
| CloudflareNET | $99.2B | — | 190.1 | 39.5 |
| AccentureACN | $172B | 19.0 | 17.6 | 2.3 |
| IBMIBM | $243B | 21.9 | 19.8 | 3.5 |
| CoreWeaveCRWV | $29.9B | — | — | 3.9 |
| CognizantCTSH | $29.3B | 11.9 | 10.5 | 1.3 |
| Broadridge Financial SolutionsBR | $20.7B | 18.6 | 17.0 | 2.8 |
| CDWCDW | $19.6B | 18.5 | 13.4 | 0.8 |
| GartnerIT | $15.3B | 20.5 | 14.8 | 2.4 |
| Peer median | 18.8 | 17.0 | 2.6 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: PDD financials · PDD returns
No forecast, no recommendation. This page describes PDD Holdings from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.