PDD Holdings Inc. (NASDAQ:PDD) — Market Cap & Net Worth

$111.81 Billion USD  · Rank #222

Market Cap & Net Worth: PDD Holdings Inc. (PDD)

PDD Holdings Inc. (NASDAQ:PDD) has a market capitalization of $111.81 Billion ($111.81 Billion) as of September 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #222 globally and #119 in its home market, demonstrating a -1.24% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying PDD Holdings Inc.'s stock price $78.76 by its total outstanding shares 1419646462 (1.42 Billion). Also see PDD Holdings Inc. assets under control for a full breakdown of the balance sheet.

PDD Holdings Inc. Market Cap History: 2018 to 2026

PDD Holdings Inc.'s market capitalization history from 2018 to 2026. Data shows growth from $31.86 Billion to $111.81 Billion (14.20% CAGR). Also see cash flow conversion of PDD Holdings Inc. for how efficiently the company converts equity into cash flow.

Index Memberships

PDD Holdings Inc. is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$41.69 Trillion 0.27% #40 of 3165
Nasdaq 100
NDX
$35.03 Trillion 0.32% #37 of 101
NASDAQ 100 Technology Sector
NDXT
$26.06 Trillion 0.43% #22 of 45

Weight: PDD Holdings Inc.'s market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

PDD Holdings Inc. Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how PDD Holdings Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check PDD Holdings Inc. stock quote for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.38x

PDD Holdings Inc.'s market cap is 0.38 times its annual revenue

Industry average: 0.75x Lower than industry average

Latest Price to Earnings (P/E) Ratio

1.67x

PDD Holdings Inc.'s market cap is 1.67 times its annual earnings

Industry average: 18.89x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2018 $31.86 Billion $13.12 Billion -$10.22 Billion 2.43x N/A
2019 $53.69 Billion $30.14 Billion -$6.97 Billion 1.78x N/A
2020 $252.23 Billion $59.49 Billion -$7.18 Billion 4.24x N/A
2021 $82.77 Billion $93.95 Billion $7.77 Billion 0.88x 10.65x
2022 $115.77 Billion $130.56 Billion $31.54 Billion 0.89x 3.67x
2023 $207.71 Billion $247.64 Billion $60.03 Billion 0.84x 3.46x
2024 $137.69 Billion $393.84 Billion $112.43 Billion 0.35x 1.22x
2025 $160.97 Billion $420.08 Billion $96.66 Billion 0.38x 1.67x

Competitor Companies of PDD by Market Capitalization

Companies near PDD Holdings Inc. in the global market cap rankings as of September 18, 2026. Review tangible equity quality of PDD Holdings Inc. to assess the quality of the company's equity after excluding intangible assets.

Key companies related to PDD Holdings Inc. by market ranking:

  • Amazon.com Inc (NASDAQ:AMZN): Ranked #4 globally with a market cap of $2.65 Trillion USD.
  • Pinduoduo Inc (F:9PDA): Ranked #246 globally with a market cap of $102.48 Billion USD ( €87.66 Billion EUR).
  • PROSUS NV ADR/ 1/1 (F:1YL): Ranked #275 globally with a market cap of $94.22 Billion USD ( €80.59 Billion EUR).
  • Prosus N.V. (AS:PRX): Ranked #290 globally with a market cap of $90.87 Billion USD ( €77.72 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#4 Amazon.com Inc NASDAQ:AMZN $2.65 Trillion $245.96
#246 Pinduoduo Inc F:9PDA $102.48 Billion €66.80
#275 PROSUS NV ADR/ 1/1 F:1YL $94.22 Billion €7.90
#290 Prosus N.V. AS:PRX $90.87 Billion €35.57

PDD Holdings Inc. Historical Marketcap From 2018 to 2026

Between 2018 and today, PDD Holdings Inc.'s market cap moved from $31.86 Billion to $ 111.81 Billion, with a yearly change of 14.20%.

Year Market Cap Change (%)
2026 $111.81 Billion -30.54%
2025 $160.97 Billion +16.91%
2024 $137.69 Billion -33.71%
2023 $207.71 Billion +79.41%
2022 $115.77 Billion +39.88%
2021 $82.77 Billion -67.19%
2020 $252.23 Billion +369.78%
2019 $53.69 Billion +68.54%
2018 $31.86 Billion --

End of Day Market Cap According to Different Sources

On Sep 17th, 2026 the market cap of PDD Holdings Inc. was reported to be:

Source Market Cap
Yahoo Finance $111.81 Billion USD
MoneyControl $111.81 Billion USD
MarketWatch $111.81 Billion USD
marketcap.company $111.81 Billion USD
Reuters $111.81 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About PDD Holdings Inc.

NASDAQ:PDD USA Internet Retail
Market Cap
$111.81 Billion
Market Cap Rank
#222 Global
#119 in USA
Share Price
$78.76
Change (1 day)
+0.87%
52-Week Range
$73.30 - $138.13
All Time High
$202.82
About

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, spo… Read more