PDD Holdings (PDD) Price to Earnings (2018 - 2026)
PDD Holdings' (PDD) Price to Earnings was 8.08 for the quarter ended Jun 30, 2026, down 24.5% from 10.71 a year earlier and down 24.0% from the prior quarter.
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Analysis
PDD Holdings (PDD) Price to Earnings (2018 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Price to Earnings at PDD Holdings was 11.54, up 31.6% from the prior year.
- By year, Price to Earnings came in at 8.77 in the year ended Dec 31, 2024 (-63.2%), 23.81 in the year ended Dec 31, 2023 (+1.3%), 23.50 in the year ended Dec 31, 2022 (-61.1%) and 60.47 in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Price to Earnings in data going back to the quarter ended Sep 30, 2018.
- Year over year, Price to Earnings gained in two of the last eight quarters, with an average decline of 16.8%.
- The high point for year-over-year Price to Earnings in five years was the quarter ended Sep 30, 2021 (growth of 254.1%); the low point was the quarter ended Mar 31, 2022 (a decline of 99.8%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 10.63 (quarter ended Mar 31, 2026), 11.62 (quarter ended Dec 31, 2025) and 13.01 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.07 |
| Mar 31, 2026 | 10.58 |
| Dec 31, 2025 | 11.57 |
| Sep 30, 2025 | 12.95 |
| Jun 30, 2025 | 10.68 |
| Mar 31, 2025 | 11.98 |
| Dec 31, 2024 | 8.65 |
| Sep 30, 2024 | 12.27 |
| Jun 30, 2024 | 13.36 |
| Mar 31, 2024 | 14.42 |
| Dec 31, 2023 | 23.98 |
| Sep 30, 2023 | 19.95 |
| Jun 30, 2023 | 15.61 |
| Mar 31, 2023 | 18.66 |
| Dec 31, 2022 | 23.41 |
| Sep 30, 2022 | 18.55 |
| Jun 30, 2022 | 25.78 |
| Mar 31, 2022 | 24.41 |
| Dec 31, 2021 | 60.23 |
| Dec 31, 2020 | 356.72 |
API Access
PDD Holdings Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();