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.
Powered by 
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 | 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 | 1.67 |
| Mar 31, 2026 | 2.31 |
| Dec 31, 2025 | 2.66 |
| Sep 30, 2025 | 3.17 |
| Jun 30, 2025 | 2.56 |
| Mar 31, 2025 | 2.95 |
| Dec 31, 2024 | 2.47 |
| Sep 30, 2024 | 3.56 |
| Jun 30, 2024 | 3.86 |
| Mar 31, 2024 | 3.88 |
| Dec 31, 2023 | 5.81 |
| Sep 30, 2023 | 4.64 |
| Jun 30, 2023 | 3.89 |
| Mar 31, 2023 | 4.78 |
| Dec 31, 2022 | 5.60 |
| Sep 30, 2022 | 4.47 |
| Jun 30, 2022 | 4.87 |
| Mar 31, 2022 | 3.40 |
| Dec 31, 2021 | 5.06 |
| Sep 30, 2021 | 7.82 |
API Access
PDD Holdings Price to Sales 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-sales&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();