Booking Holdings Inc. (BKNG) vs PDD Holdings Inc. (PDD)

A side-by-side comparison of Booking Holdings Inc. and PDD Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — BKNG vs PDD

growth of $100 · dividends reinvested · last 8y
BKNG +121.4% (+10.4%/yr)PDD +191.4% (+14.3%/yr)PDD compounded faster over this window
200400600Start $1002020202220242026$221$291
BKNG PDD

BKNG vs PDD: by the numbers

  • •BKNG is the larger company ($125.76B vs $110.28B market cap).
  • •PDD trades at the lower trailing earnings multiple (8.55 vs 18.00 P/E), one valuation lens rather than an overall verdict.
  • •BKNG converts more revenue to profit (25.53% vs 20.40% net margin).
  • •PDD grew revenue faster over the past five years (37.69% vs 31.52% CAGR).
  • •BKNG pays a dividend (0.92% yield), while PDD has no payments in the available dividend history.

Metrics side by side

Valuation

MetricBKNGPDD
P/E ratio18.008.55
Forward P/E15.53N/A
P/S ratio4.451.70
P/B ratioN/A1.67
EV / EBITDA12.446.49
FCF yield7.59%14.53%

Profitability

MetricBKNGPDD
Gross margin100.00%56.32%
Operating margin34.49%21.87%
Net margin25.53%20.40%
ROEN/A20.07%
ROIC71.23%17.16%

Dividends

MetricBKNGPDD
Dividend yield0.92%N/A
Payout ratio17.83%N/A

Growth (annualized)

MetricBKNGPDD
Revenue CAGR (5Y)31.52%37.69%
EPS CAGR (5Y)158.62%N/A
FCF CAGR (5Y)56.15%31.44%
Total return CAGR (5Y)14.06%-5.59%

Frequently asked

Which has the lower trailing P/E, BKNG or PDD?
PDD has the lower trailing P/E: BKNG trades at 18.00 and PDD at 8.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BKNG or PDD?
Over the past five years, PDD grew revenue faster — BKNG at a 31.52% CAGR versus PDD at 37.69%.
Does BKNG or PDD pay a bigger dividend?
BKNG pays a dividend (0.92% yield), while PDD has no payments in the available dividend history.
Is BKNG or PDD more profitable?
BKNG runs the higher net margin — BKNG at 25.53% versus PDD at 20.40%.
How have BKNG and PDD total returns compared?
Over the past 5 years, BKNG delivered 14.06% and PDD delivered -5.59% annualized total return. Past performance doesn't predict future results.

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 September 13, 2026.