PDD Holdings Inc. Sponsored ADR

PDD Consumer Cyclical Internet Retail

PDD Holdings Inc. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $61.8 billion, up 14.5% from fiscal 2024. In the quarter to June 2026, revenue grew 14.1%, EPS fell 7.17% and free cash flow grew 25.4%, each against the same quarter a year earlier. Member of the Nasdaq 100; revenue growth for five consecutive years.

80.97 1.45 −1.76%
Market cap
$117.3B
P/E
8.4×
Fwd P/E
9.1×
Dividend yield
—
F-score
5/9
Altman Z
5.46
Beneish M
−2.12
Dividend safety
n/a

PDD Holdings Inc. Sponsored ADR (PDD) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, PDD Holdings Inc. Sponsored ADR (PDD) trades at a EV/Sales of 0.6×. Over the past ten years it has ranged from 0.0× (December 2018) to 31.2× (December 2020); the current reading is higher than 7% of that period. That is below the Internet Retail industry median of 0.7× and below the Consumer Cyclical sector median of 1.0×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 1.4× (3.86%)
FY2024 1.5× (67.05%)
FY2023 4.6× 8.96%
FY2022 4.2× 20.63%
FY2021 3.5× (83.64%)
FY2020 21.2× 163.43%
FY2019 8.0× 38.11%
FY2018 5.8× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 0.5× (58.69%)
Mar 2026 1.1× (23.36%)
Dec 2025 1.4× (29.32%)
Sep 2025 2.0× 36.10%
30 more quarters

Against its own ten years

Low 0.0× High 31.2×
Ten-year median 3.6×
Current reading's percentile 2

EV/Sales against peers

Company EV/Sales
JD JD.com, Inc. compare 0.1×
PDD PDD Holdings Inc. Sponsored ADR 0.6×
CPNG Coupang, Inc. compare 0.6×
W Wayfair Inc. compare 1.2×
BABA Alibaba Group Holding Limited compare 1.5×
SE Sea Limited Sponsored ADR compare 1.8×
MELI MercadoLibre, Inc. compare 2.4×
EBAY eBay Inc. compare 4.7×
DASH DoorDash, Inc. compare 5.0×
Internet Retail industry median 0.7×
Consumer Cyclical sector median 1.0×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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