Which has the lower trailing P/E, ANET or PDD?

PDD has the lower trailing P/E: ANET trades at 58.48 and PDD at 9.18. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ANET or PDD?

Over the past five years, PDD grew revenue faster — ANET at a 31.58% CAGR versus PDD at 40.98%.

Is ANET or PDD more profitable?

ANET runs the higher net margin — ANET at 38.32% versus PDD at 21.53%.

How have ANET and PDD total returns compared?

Over the past 5 years, ANET delivered 44.12% and PDD delivered -1.36% annualized total return. Past performance doesn't predict future results.

Arista Networks, Inc. (ANET) vs PDD Holdings Inc. (PDD)

A side-by-side comparison of Arista Networks, Inc. and PDD Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Different business models: ANET is classified in Technology; PDD is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

ANET

Arista Networks, Inc.

$213.69B

$169.71TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

PDD

PDD Holdings Inc.

$122.00B

$85.71Consumer CyclicalDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — ANET vs PDD

growth of $100 · dividends reinvested · last 8y

ANET +926.2%PDD +212.0%ANET compounded faster

ANET PDD

ANET vs PDD: by the numbers

•ANET is the larger company ($213.69B vs $122.00B market cap).
•PDD trades at the lower trailing earnings multiple (9.18 vs 58.48 P/E), one valuation lens rather than an overall verdict.
•ANET converts more revenue to profit (38.32% vs 21.53% net margin).
•PDD grew revenue faster over the past five years (40.98% vs 31.58% CAGR).

Metrics side by side

Valuation

Metric	ANET	PDD
P/E ratio	58.48	9.18
Forward P/E	46.92	N/A
P/S ratio	22.40	2.00
P/B ratio	16.13	2.05
PEG ratio	2.05	N/A
EV / EBITDA	50.68	7.00
FCF yield	2.43%	12.15%

Profitability

Metric	ANET	PDD
Gross margin	63.54%	55.98%
Operating margin	42.79%	22.17%
Net margin	38.32%	21.53%
ROE	27.59%	22.09%
ROIC	22.64%	18.11%

Growth (annualized)

Metric	ANET	PDD
Revenue CAGR (5Y)	31.58%	40.98%
EPS CAGR (5Y)	39.94%	N/A
FCF CAGR (5Y)	46.68%	32.63%
Total return CAGR (5Y)	48.81%	-1.36%

Frequently asked

Which has the lower trailing P/E, ANET or PDD?: PDD has the lower trailing P/E: ANET trades at 58.48 and PDD at 9.18. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ANET or PDD?: Over the past five years, PDD grew revenue faster — ANET at a 31.58% CAGR versus PDD at 40.98%.
Is ANET or PDD more profitable?: ANET runs the higher net margin — ANET at 38.32% versus PDD at 21.53%.
How have ANET and PDD total returns compared?: Over the past 5 years, ANET delivered 44.12% and PDD delivered -1.36% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ANET analysis Full PDD analysis Interactive comparison tool

Dig into the metrics

Arista Networks P/E ratio PDD P/E ratio Arista Networks dividend yield PDD dividend yield Arista Networks ROE PDD ROE Arista Networks operating margin PDD operating margin Arista Networks revenue growth PDD revenue growth Arista Networks free cash flow PDD free cash flow

Arista Networks & PDD appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.