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.
Powered by 
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 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.08 |
| Mar 31, 2026 | 10.63 |
| Dec 31, 2025 | 11.62 |
| Sep 30, 2025 | 13.01 |
| Jun 30, 2025 | 10.71 |
| 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 | 18.59 |
| Dec 31, 2022 | 23.30 |
| Sep 30, 2022 | 18.46 |
| Jun 30, 2022 | 25.60 |
| Mar 31, 2022 | 24.41 |
| Dec 31, 2021 | 60.23 |
| Sep 30, 2021 | 283.64 |
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();