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Is the P/B ratio high or low?

The P/B ratio of 1.77 is 72% below its 5-year average of 6.41, near the low end of its 5-year range (1.77–19.00).

43.50% below its 12-month average of 3.13.

PDD PB Ratio

PDD PB Ratio Chart

1.77
-49.43% 1Y
PDD PB Ratio

PDD Average PB Ratio Chart

PDD PB Ratio

PDD Current vs Average PB Ratio Chart

PDD PB Ratio Metrics

PB RATIO

1.77

PB RATIO AVG TTM

3.13

PB RATIO AVG 3Y

5.12

PB RATIO AVG 5Y

6.08

PB RATIO AVG 10Y

N/A

PB RATIO AVG 15Y

N/A

PB RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-43.50%

CURRENT VS 3Y AVG

-65.40%

CURRENT VS 5Y AVG

-70.88%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

PDD Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
PDD Holdings Inc. (PDD)$104.33B1.773.135.126.08
Marriott International, Inc. (MAR)vs ›$99.91BN/A140.29117.4683.19
Starbucks Corporation (SBUX)vs ›$117.57BN/A27.9019.1816.62
BYD Company Limited (BYDDY)vs ›$87.85B2.433.624.285.06
Royal Caribbean Cruises Ltd. (RCL)vs ›$86.53B8.918.598.296.54
Lowe's Companies, Inc. (LOW)vs ›$124.44BN/A113.5358.2439.63
Airbnb, Inc. (ABNB)vs ›$84.21B11.3010.0111.2514.53
MercadoLibre, Inc. (MELI)vs ›$82.09B11.2717.1823.47108.24
Hilton Worldwide Holdings Inc. (HLT)vs ›$77.53BN/A95.5638.6724.48
Carvana Co. (CVNA)vs ›$72.62B13.1824.7531.2631.80

P/B vs. its own history

At 1.77, P/B is cheaper than usual, sitting higher than 0% of its 8-year history.

8-year low

1.77

median

7.35

8-year high

58.04

cheaperricher

Book Value Analysis

P/B Ratio

1.77

Market Price / Book Value per Share

PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for PDD Holdings Inc. (PDD)?
The P/B ratio for PDD stock is 1.77.
Is PDD Holdings Inc.'s P/B ratio high or low?
The P/B ratio of 1.77 is 72% below its 5-year average of 6.41, near the low end of its 5-year range (1.77–19.00).
What is the TTM average P/B ratio for PDD Holdings Inc. (PDD)?
The TTM average P/B ratio for PDD stock is 3.13.
What is the 3Y average P/B ratio for PDD Holdings Inc. (PDD)?
The 3Y average P/B ratio for PDD stock is 5.12.
What is the 5Y average P/B ratio for PDD Holdings Inc. (PDD)?
The 5Y average P/B ratio for PDD stock is 6.08.

PDD PB Ratio History

DATEPB RATIO
2026-06-251.77
2026-06-241.83
2026-06-231.85
2026-06-221.89
2026-06-181.93
2026-06-171.93
2026-06-161.98
2026-06-152.02
2026-06-121.97
2026-06-111.97
2026-06-101.98
2026-06-091.98
2026-06-082.00
2026-06-052.06
2026-06-042.08
2026-06-032.07
2026-06-022.13
2026-06-012.11
2026-05-292.04
2026-05-282.01
2026-05-272.17
2026-05-262.42
2026-05-222.37
2026-05-212.45
2026-05-202.46
2026-05-192.44
2026-05-182.38
2026-05-152.40
2026-05-142.39
2026-05-132.49
2026-05-122.40
2026-05-112.47
2026-05-082.47
2026-05-072.54
2026-05-062.56
2026-05-052.42
2026-05-042.45
2026-05-012.50
2026-04-302.50
2026-04-292.45
2026-04-282.63
2026-04-272.67
2026-04-242.65
2026-04-232.65
2026-04-222.71
2026-04-212.68
2026-04-202.82
2026-04-172.84
2026-04-162.81
2026-04-152.76
2026-04-142.76
2026-04-132.73
2026-04-102.71
2026-04-092.72
2026-04-082.81
2026-04-072.70
2026-04-062.73
2026-04-022.73
2026-04-012.76
2026-03-312.77
2026-03-302.67
2026-03-272.70
2026-03-262.72
2026-03-252.78
2026-03-242.66
2026-03-232.61
2026-03-202.60
2026-03-192.64
2026-03-182.73
2026-03-172.83
2026-03-162.81
2026-03-132.78
2026-03-122.75
2026-03-112.79
2026-03-102.84
2026-03-092.78
2026-03-062.76
2026-03-052.73
2026-03-042.74
2026-03-032.73
2026-03-022.78
2026-02-272.81
2026-02-262.85
2026-02-252.89
2026-02-242.89
2026-02-232.86
2026-02-202.84
2026-02-192.76
2026-02-182.79
2026-02-172.76
2026-02-132.72
2026-02-122.71
2026-02-112.83
2026-02-102.86
2026-02-092.86
2026-02-062.85
2026-02-052.75
2026-02-042.77
2026-02-032.80
2026-02-022.80
2026-01-302.74
2026-01-292.78
2026-01-282.78
2026-01-272.90
2026-01-262.89
2026-01-232.88
2026-01-222.87
2026-01-212.87
2026-01-202.83
2026-01-162.89
2026-01-152.91
2026-01-142.92
2026-01-133.04
2026-01-123.22
2026-01-093.26
2026-01-083.29
2026-01-073.28
2026-01-063.32
2026-01-053.23
2026-01-023.13
2025-12-313.07
2025-12-303.08
2025-12-293.09
2025-12-263.11
2025-12-243.07
2025-12-233.03
2025-12-223.03
2025-12-192.97
2025-12-182.86
2025-12-172.84
2025-12-162.95
2025-12-152.99
2025-12-123.03
2025-12-113.03
2025-12-103.12
2025-12-093.17
2025-12-083.19
2025-12-053.19
2025-12-043.16
2025-12-033.17
2025-12-023.22
2025-12-013.20
2025-11-283.14
2025-11-263.14
2025-11-253.09
2025-11-243.07
2025-11-213.07
2025-11-203.06
2025-11-193.20
2025-11-183.24
2025-11-173.79
2025-11-143.84
2025-11-133.95
2025-11-123.99
2025-11-114.02
2025-11-104.05
2025-11-073.98
2025-11-064.01
2025-11-054.00
2025-11-043.93
2025-11-033.95
2025-10-313.96
2025-10-303.99
2025-10-294.05
2025-10-284.05
2025-10-274.04
2025-10-243.93
2025-10-233.91
2025-10-223.82
2025-10-213.84
2025-10-203.86
2025-10-173.77
2025-10-163.74
2025-10-153.74
2025-10-143.73
2025-10-133.74
2025-10-103.65
2025-10-093.85
2025-10-083.93
2025-10-073.92
2025-10-063.94
2025-10-033.94
2025-10-023.97
2025-10-013.94
2025-09-303.88
2025-09-293.83
2025-09-263.81
2025-09-253.84
2025-09-243.84
2025-09-233.77
2025-09-223.77
2025-09-193.80
2025-09-183.90
2025-09-173.96
2025-09-163.79
2025-09-153.74
2025-09-123.68
2025-09-113.69
2025-09-103.66
2025-09-093.70
2025-09-083.67
2025-09-053.66
2025-09-043.64
2025-09-033.65
2025-09-023.57
2025-08-293.53
2025-08-283.59
2025-08-273.59
2025-08-263.64
2025-08-253.76
2025-08-224.15
2025-08-214.01
2025-08-203.85
2025-08-193.89
2025-08-183.86
2025-08-153.88
2025-08-143.75
2025-08-133.81
2025-08-123.80
2025-08-113.69
2025-08-083.73
2025-08-073.73
2025-08-063.72
2025-08-053.68
2025-08-043.66
2025-08-013.59
2025-07-313.70
2025-07-303.69
2025-07-293.77
2025-07-283.81
2025-07-253.87
2025-07-243.86
2025-07-233.87
2025-07-223.76
2025-07-213.65
2025-07-183.56
2025-07-173.52
2025-07-163.43
2025-07-153.43
2025-07-143.34
2025-07-113.43
2025-07-103.43
2025-07-093.43
2025-07-083.47
2025-07-073.44
2025-07-033.38
2025-07-023.39
2025-07-013.44
2025-06-303.42
2025-06-273.43
2025-06-263.45
2025-06-253.50
2025-06-243.50
2025-06-233.33
2025-06-203.30
2025-06-183.34
2025-06-173.35
2025-06-163.36
2025-06-133.28
2025-06-123.38

Showing the most recent 260 of 1,989 data points. The chart above shows the full history.

About PDD Holdings Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Dublin
23,465 employees
Consumer Cyclical / Software - Services
Sector
Consumer Cyclical
Industry
Software - Services
CEO
Lei Chen