PDD Holdings (PDD) Price to Earnings (2018 - 2026)
PDD Holdings' (PDD) quarterly Price to Earnings came in at 27.1 in Q2 2026, down 20.14% year-over-year from 33.94 in Q2 2025, and down 66.1% quarter-over-quarter from 79.96 in Q1 2026.
Analysis
PDD Holdings (PDD) Price to Earnings (2018 - 2026) Analysis & Trends
PDD Holdings has disclosed Price to Earnings across 9 years of filings, most recently posting 27.1 for Q2 2026.
- In Q2 2026, Price to Earnings fell 20.14% year-over-year to 27.1; the TTM figure through Jun 2026 stood at 8.07 (down 24.43% YoY), while the FY2025 annual figure was 11.54, up 31.6% from the prior year.
- Price to Earnings came in at 27.1 for Q2 2026 at PDD Holdings, down from 79.96 in the prior quarter.
- In the past five years, Price to Earnings ranged from a high of 123.68 in Q1 2022 to a low of 27.1 in Q2 2026.
- Average Price to Earnings over 5 years is 58.63, with a median of 52.63 recorded in 2022.
- The largest YoY upside for Price to Earnings was 133.07% in 2022 against a maximum downside of 87.95% in 2022.
- Over 5 years, Price to Earnings stood at 78.51 in 2022, then fell by 21.8% to 61.39 in 2023, then tumbled by 41.51% to 35.91 in 2024, then advanced by 28.08% to 45.99 in 2025, then tumbled by 41.07% to 27.1 in 2026.
- Per Business Quant data, the three most recent Price to Earnings figures were 27.1 in Q2 2026, 79.96 in Q1 2026, and 45.99 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - |
| 10 | Etsy | 7.07 Bn | 5.94 Bn | 484.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.10 |
| Mar 31, 2026 | 79.96 |
| Dec 31, 2025 | 45.99 |
| Sep 30, 2025 | 44.66 |
| Jun 30, 2025 | 33.94 |
| Mar 31, 2025 | 81.10 |
| Dec 31, 2024 | 35.91 |
| Sep 30, 2024 | 52.11 |
| Jun 30, 2024 | 41.53 |
| Mar 31, 2024 | 41.25 |
| Dec 31, 2023 | 61.39 |
| Sep 30, 2023 | 60.77 |
| Jun 30, 2023 | 50.47 |
| Mar 31, 2023 | 84.91 |
| Dec 31, 2022 | 78.51 |
| Sep 30, 2022 | 53.16 |
| Jun 30, 2022 | 58.83 |
| Mar 31, 2022 | 123.68 |
| Dec 31, 2021 | 70.96 |
| Sep 30, 2021 | 441.28 |