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

PDD has the lower trailing P/E: CVNA trades at 34.37 and PDD at 9.08. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CVNA or PDD?

Over the past five years, PDD grew revenue faster — CVNA at a 22.86% CAGR versus PDD at 37.69%.

Is CVNA or PDD more profitable?

PDD runs the higher net margin — CVNA at 6.26% versus PDD at 20.40%.

How have CVNA and PDD total returns compared?

Over the past 5 years, CVNA delivered 2.99% and PDD delivered -4.36% annualized total return. Past performance doesn't predict future results.

Carvana Co. (CVNA) vs PDD Holdings Inc. (PDD)

A side-by-side comparison of Carvana Co. and PDD Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

CVNA

Carvana Co.

$80.53B

$73.42Consumer CyclicalDelayed quote: Sep 3, 2026, 3:59 PM EDT

PDD

PDD Holdings Inc.

$116.19B

$81.63Consumer CyclicalDelayed quote: Sep 3, 2026, 4:00 PM EDT

Total return — CVNA vs PDD

growth of $100 · dividends reinvested · last 8y

CVNA +714.9% (+30.0%/yr)PDD +208.1% (+15.1%/yr)CVNA compounded faster over this window

CVNA PDD

CVNA vs PDD: by the numbers

•PDD is the larger company ($116.19B vs $80.53B market cap).
•PDD trades at the lower trailing earnings multiple (9.08 vs 34.37 P/E), one valuation lens rather than an overall verdict.
•PDD converts more revenue to profit (20.40% vs 6.26% net margin).
•PDD grew revenue faster over the past five years (37.69% vs 22.86% CAGR).

Metrics side by side

Valuation

Metric	CVNA	PDD
P/E ratio	34.37	9.08
Forward P/E	45.80	N/A
P/S ratio	2.19	1.87
P/B ratio	13.62	1.84
EV / EBITDA	23.06	7.26
FCF yield	1.69%	13.23%

Profitability

Metric	CVNA	PDD
Gross margin	19.37%	56.32%
Operating margin	8.93%	21.87%
Net margin	6.26%	20.40%
ROE	38.93%	20.07%
ROIC	17.35%	17.16%

Growth (annualized)

Metric	CVNA	PDD
Revenue CAGR (5Y)	22.86%	37.69%
FCF CAGR (5Y)	N/A	31.44%
Total return CAGR (5Y)	2.99%	-4.36%

Frequently asked

Which has the lower trailing P/E, CVNA or PDD?: PDD has the lower trailing P/E: CVNA trades at 34.37 and PDD at 9.08. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CVNA or PDD?: Over the past five years, PDD grew revenue faster — CVNA at a 22.86% CAGR versus PDD at 37.69%.
Is CVNA or PDD more profitable?: PDD runs the higher net margin — CVNA at 6.26% versus PDD at 20.40%.
How have CVNA and PDD total returns compared?: Over the past 5 years, CVNA delivered 2.99% and PDD delivered -4.36% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CVNA analysis Full PDD analysis Interactive comparison tool

Dig into the metrics

Carvana P/E ratio PDD P/E ratio Carvana ROE PDD ROE Carvana operating margin PDD operating margin Carvana revenue growth PDD revenue growth Carvana free cash flow PDD free cash flow

Carvana & PDD appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks Lowest P/E Ratio 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 September 3, 2026.