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.

Revenue
+14.1%
EPS
−7.17%
Free cash flow
+25.4%

Quarter to June 2026, against a year earlier

82.36 2.19 +2.73%
Market cap
$114.1B
P/E
8.4×
Fwd P/E
8.0×
Dividend yield
—
F-score
5/9
Altman Z
5.46
Beneish M
−2.12
Dividend safety
n/a

PDD Holdings Inc. Sponsored ADR (PDD) P/S ratio

Alert me on P/S ratio

As of 3 November 2026, PDD Holdings Inc. Sponsored ADR (PDD) trades at a P/S ratio of 1.7×. Over the past ten years it has ranged from 0.0× (December 2018) to 33.0× (December 2020); the current reading is higher than 7% of that period. That is above the Internet Retail industry median of 0.8× and above the Consumer Cyclical sector median of 0.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.6× 3.16%
FY2024 2.5× (56.00%)
FY2023 5.7× 0.13%
FY2022 5.6× 13.94%
FY2021 5.0× (78.67%)
FY2020 23.2× 129.88%
FY2019 10.1× 15.80%
FY2018 8.7× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 1.6× (27.52%)
Mar 2026 2.2× (12.62%)
Dec 2025 2.6× (20.45%)
Sep 2025 3.2× 24.18%
30 more quarters

Against its own ten years

Low 0.0× High 33.0×
Ten-year median 4.9×
Current reading's percentile 2

P/S ratio against peers

Company P/S ratio
JD JD.com, Inc. compare 0.2×
CPNG Coupang, Inc. compare 0.8×
W Wayfair Inc. compare 1.1×
BABA Alibaba Group Holding Limited compare 1.5×
PDD PDD Holdings Inc. Sponsored ADR 1.7×
SE Sea Limited Sponsored ADR compare 1.8×
MELI MercadoLibre, Inc. compare 2.4×
EBAY eBay Inc. compare 4.3×
DASH DoorDash, Inc. compare 4.7×
Internet Retail industry median 0.8×
Consumer Cyclical sector median 0.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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