PDD
PDD Holdings
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NASDAQ: PDD
- PE Ratio
The current PE ratio for PDD Holdings stock as of Jun 16, 2026 is 8.25. This is calculated based on the TTM EPS of ¥68.28 and the stock price of $81.59 per share. The PE ratio has decreased by 27% from its last 4 quarters average of 11.3.
PDD PE ratio history
The average historical PE ratio of PDD Holdings for the last five years is 18.73. The current price-to-earnings ratio of 8.25 is 56% less than the historical average. Analyzing the last five years, PDD's PE ratio reached its highest point in the Dec 2021 quarter at 60.18, when the price was $58.3 and the EPS was ¥6.2. The lowest point was recorded in the Dec 2024 quarter, when it reached 8.72 with a price of $96.99 and an EPS of ¥81.24.
PDD Holdings PE ratio by year
Maximum annual increase: 30.73% in 2025
Maximum annual decrease: -62.75% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 11.4 | 30.73% | $113.39 | ¥70 |
| 2024 | 8.72 | -62.75% | $96.99 | ¥81.24 |
| 2023 | 23.41 | 2.81% | $146.31 | ¥44.32 |
| 2022 | 22.77 | -62.16% | $81.55 | ¥24.96 |
| 2021 | 60.18 | N/A | $58.3 | ¥6.2 |
| 2020 | N/A | N/A | $177.67 | -¥6.04 |
| 2019 | N/A | N/A | $37.82 | -¥6.04 |
| 2018 | N/A | N/A | $22.44 | -¥13.88 |
| 2017 | N/A | N/A | N/A | -¥1.12 |
| 2016 | N/A | N/A | N/A | -¥0.72 |
PDD Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 10.33 | -9.39% | $102.18 | ¥68.28 |
| Dec 2025 | 11.4 | -11.15% | $113.39 | ¥70 |
| Sep 2025 | 12.83 | 20.02% | $132.17 | ¥73.32 |
| Jun 2025 | 10.69 | -10.99% | $104.66 | ¥70.4 |
| Mar 2025 | 12.01 | 37.73% | $118.35 | ¥71.52 |
| Dec 2024 | 8.72 | -28.64% | $96.99 | ¥81.24 |
| Sep 2024 | 12.22 | -9.01% | $134.81 | ¥78.56 |
| Jun 2024 | 13.43 | -6.28% | $132.95 | ¥71.88 |
| Mar 2024 | 14.33 | -38.79% | $116.25 | ¥58.4 |
| Dec 2023 | 23.41 | 13.48% | $146.31 | ¥44.32 |
| Sep 2023 | 20.63 | 30.24% | $98.07 | ¥34.56 |
| Jun 2023 | 15.84 | -11.9% | $69.14 | ¥31.6 |
| Mar 2023 | 17.98 | -21.04% | $75.9 | ¥29 |
| Dec 2022 | 22.77 | 15.23% | $81.55 | ¥24.96 |
| Sep 2022 | 19.76 | -24.98% | $62.58 | ¥22.8 |
PDD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, PDD's PE ratio is under its 3 and 5-year averages.
PE comparison
PDD Holdings's price to earnings (P/E) of 8.25 is lower than the Consumer Cyclical sector, the industry and its peers average. Looking at the Consumer Cyclical sector average of 20.77, PDD Holdings's price to earnings (P/E) is 60% lower.
PDD PE vs peers
When compared to its peer stocks AMZN and BABA, PDD's PE ratio is lower. PDD Holdings's PE ratio is trading below the peer average of 28.75.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PDD PDD Holdings Inc | 8.25 | $114.55B |
| BABA Alibaba Group Holding Ltd | 16.79 | $257.73B |
| EBAY Ebay Inc | 24.29 | $48.54B |
| ETSY Etsy Inc | 25.73 | $6.96B |
| AMZN Amazon Com Inc | 28.98 | $2.65T |
| SE Sea Ltd | 32.51 | $53.09B |
| MELI Mercadolibre Inc | 44.18 | $84.87B |
Frequently asked questions
What is PDD Holdings's PE ratio?
PDD stock has a price to earnings ratio of 8.25 as of Jun 16, 2026.
What is the 3-year average PE ratio for PDD Holdings (PDD)?
Over the last 3 years, the average PE ratio for PDD stock is 13.82.
What is the 5-year average PE ratio for PDD Holdings (PDD)?
Over the last 5 years, the average PE ratio for PDD stock is 18.73.
What is the highest PE ratio for PDD?
Over the last five years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 60.18.
How does the current PE ratio for PDD compare to its historical average?
The current PE ratio of PDD is 56% lower than the 5-year historical average.
Why is PDD Holdings's PE ratio so low?
PDD's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is PDD's PE ratio calculated (PDD Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jun 16, 2026), PDD Holdings's share price is $81.59. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is ¥68.28. Therefore, PDD Holdings's price to earnings ratio for today is 8.25. PE RATIO(8.25) = STOCK PRICE($81.59) / TTM EPS(¥68.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.