PDD Holdings (PDD) Price to Sales (2018 - 2026)
PDD Holdings' (PDD) quarterly Price to Sales came in at 6.56 in Q2 2026, down 34.68% year-over-year from 10.04 in Q2 2025, and down 30.58% quarter-over-quarter from 9.44 in Q1 2026.
Analysis
PDD Holdings (PDD) Price to Sales (2018 - 2026) Analysis & Trends
PDD Holdings has disclosed Price to Sales across 9 years of filings, most recently posting 6.56 for Q2 2026.
- In Q2 2026, Price to Sales fell 34.68% year-over-year to 6.56; the TTM figure through Jun 2026 stood at 1.67 (down 34.53% YoY), while the FY2025 annual figure was 2.61, up 4.44% from the prior year.
- Price to Sales came in at 6.56 for Q2 2026 at PDD Holdings, down from 9.44 in the prior quarter.
- In the past five years, Price to Sales ranged from a high of 18.64 in Q4 2022 to a low of 6.56 in Q2 2026.
- Average Price to Sales over 5 years is 13.01, with a median of 13.2 recorded in 2024.
- Year-over-year, Price to Sales sank 72.43% in 2022 and soared 35.26% in 2023.
- Over 5 years, Price to Sales stood at 18.64 in 2022, then dropped by 13.73% to 16.08 in 2023, then plunged by 44.59% to 8.91 in 2024, then increased by 2.23% to 9.11 in 2025, then declined by 28.02% to 6.56 in 2026.
- Per Business Quant data, the three most recent Price to Sales figures were 6.56 in Q2 2026, 9.44 in Q1 2026, and 9.11 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 | 6.56 |
| Mar 31, 2026 | 9.44 |
| Dec 31, 2025 | 9.11 |
| Sep 30, 2025 | 12.10 |
| Jun 30, 2025 | 10.04 |
| Mar 31, 2025 | 12.50 |
| Dec 31, 2024 | 8.91 |
| Sep 30, 2024 | 13.10 |
| Jun 30, 2024 | 13.70 |
| Mar 31, 2024 | 13.30 |
| Dec 31, 2023 | 16.08 |
| Sep 30, 2023 | 13.72 |
| Jun 30, 2023 | 12.65 |
| Mar 31, 2023 | 18.28 |
| Dec 31, 2022 | 18.64 |
| Sep 30, 2022 | 15.85 |
| Jun 30, 2022 | 16.65 |
| Mar 31, 2022 | 13.51 |
| Dec 31, 2021 | 17.25 |
| Sep 30, 2021 | 33.65 |