PDD Holdings

PDD · NASDAQ · USD

$76.50Change from previous close: −1.85%Absolute change: −$1.44

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$108.89B
Enterprise value
-$343.95B
P/E (trailing 12 months)
8.41
Forward P/E
6.21
PEG
0.68
Price/book
1.61
Price/sales
0.24
EV/EBITDA
-3.47
EV/revenue
-0.76

Profitability and growth

Gross margin
56.3%
Operating margin
24.7%
Net margin
20.4%
ROE
22.7%
ROA
10.0%
Revenue growth (year over year)
8.1%
Earnings growth (year over year)
-11.2%

Financial health

Total cash
$456.41B
Total debt
$4.84B
Debt/equity
0.01
Current ratio
2.62
Quick ratio
2.21

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$114.70
Median price target
$114.92
High price target
$150.51
Low price target
$85.31
Analysts with a price target
34
Consensus
Buy
Forward EPS
$12.32
EPS estimate, current year
$68.57

Shares and trading

Beta
-0.01
Average volume
6.53M
Shares outstanding
1.42B
Float
753.95M
Institutional ownership
31.4%
Insider ownership
0.7%
Short interest (% of float)
3.3%
Short ratio (days)
3.88