According to PDD Holdings (Pinduoduo)'s latest financial reports the company has a price-to-book ratio of 3.20894.
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.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | 3.41 | -53.58% |
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 |