PDD Holdings (Pinduoduo) (PDD)

P/B ratio as of December 2025 : 2.85

According to PDD Holdings (Pinduoduo)'s latest financial reports the company has a price-to-book ratio of 2.69919.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

PDD Holdings (Pinduoduo) - P/B ratio (from 2018 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	2.89	-8.29%
2024-12-31	3.15	-57.04%
2023-12-31	7.34	21.53%
2022-12-31	6.04	-2.58%
2021-12-31	6.20	-73.75%
2020-12-31	23.6	89.53%
2019-12-31	12.5	36.43%
2018-12-31	9.13
2017-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
The RealReal REAL	-4.25	-249.25%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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PDD Holdings (Pinduoduo) (PDD) - P/B ratio