PDD Holdings Inc. (PDD) stock
Close on Nov 11, 2026Market cap $112.46BP/E 8.0Yield –
PDD Holdings Inc. grew revenue 9.7% to CN¥431.85B over fiscal 2025. Operating income fell 14.1% to CN¥93.10B, moving the operating margin from 27.5% to 21.6%. At the latest close the market valued the company at CN¥750.80B, 8.0 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over fiscal 2025, balances at Dec 31, 2025
Valuation
- Market cap
- CN¥750.80B
- P/E ratio
- 8.0
- Price to sales
- 1.74
- Price to book
- 1.82
- Dividend yield
- –
- Free cash flow yield
- –
Fundamentals
- Revenue
- CN¥431.85B
- Net income
- CN¥97.84B
- EPS, diluted
- 16.50 CNY
Trading
- Previous close
- $79.40
- Open
- $78.68
- Day's range
- $78.16 – $79.42
- Volume
- 4,279,559
- Average volume (20 days)
- 5,486,885
- Index membership
- Nasdaq-100
- Beta (5 years)
- 0.83
- RSI (14 days)
- 46.1
- Volatility (1 year)
- 33.7%
- Relative volume
- 0.69×
- WACC
- 9.0%
Index membership is inferred from the holdings of funds that track each index (QQQ), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2018, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | PDD | S&P 500 | Difference | PDD per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -2.9% | -2.4% | −0.5 pts | ||
| 3 months | -12.7% | -1.2% | −11.5 pts | ||
| Year to date | -30.3% | +12.3% | −42.6 pts | ||
| 1 year | -42.4% | +12.4% | −54.8 pts | ||
| 3 years | -27.5% | +78.8% | −106.4 pts | -10.2% | +21.4% |
| 5 years | -14.9% | +75.2% | −90.1 pts | -3.2% | +11.9% |
| 10 years | +691.7% | +311.1% | +380.6 pts | +23.0% | +15.2% |
Eleven years at a glance
Fiscal years 2015 to 2025, CNY
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases PDD filed with the SEC as exhibits to Form 8-K or 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
About PDD
Services-Business Services, NEC
PDD Holdings Inc. is a multinational commerce company that operates online marketplace platforms, primarily Pinduoduo and Temu, alongside the Duo Duo Grocery pick-up service. The company provides transaction processing and online marketing services, including display advertising and algorithmic search matching for product listings. Through its digital platforms, consumers purchase a wide range of merchandise and agricultural produce directly from sellers. PDD Holdings considers third-party merchants its primary customers, charging them service and transaction fees to promote and sell goods across its commercial network.
Company profile, executives and historyPDD stock: common questions
What is PDD's stock price?
PDD closed at $79.01 on Nov 11, 2026, down 0.49% on the day.
What is PDD's market cap?
PDD was worth $112.46B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is PDD's P/E ratio?
PDD trades at 8.0 times earnings, based on diluted earnings per share of 16.50 CNY over fiscal 2025.
How much revenue does PDD make?
PDD reported revenue of CN¥431.85B for fiscal 2025, up 9.7% from a year earlier.
Does PDD pay a dividend?
No. PDD has not paid a cash dividend over the last twelve months.
How has PDD stock performed over the past year?
Including dividends, PDD returned -42.4% over the past year, against +12.4% for the S&P 500.
Who are PDD's competitors?
Companies most similar to PDD by business, industry and size include BABA, PAYP, DIDIY, MELI, UBER.
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