Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). PDD Holdings's share price for the quarter that ended in Dec. 2023 was $146.31. PDD Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,376 Mil. Therefore, PDD Holdings's market cap for the quarter that ended in Dec. 2023 was $201,304 Mil.
PDD Holdings's quarterly market cap
increased
from Jun. 2023 ($91,859 Mil) to Sep. 2023 ($134,932 Mil) and
increased
from Sep. 2023 ($134,932 Mil) to Dec. 2023 ($201,304 Mil).
PDD Holdings's annual market cap
increased
from Dec. 2021 ($73,714 Mil) to Dec. 2022 ($107,613 Mil) and
increased
from Dec. 2022 ($107,613 Mil) to Dec. 2023 ($201,304 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PDD Holdings's Enterprise Value for Today is $150,585 Mil.
PDD Holdings Market Cap Historical Data
The historical data trend for PDD Holdings's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of PDD Holdings's Market Cap
For the Internet Retail subindustry, PDD Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PDD Holdings's Market Cap Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PDD Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where PDD Holdings's Market Cap falls into.
PDD Holdings Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
PDD Holdings's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PDD Holdings (NAS:PDD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
PDD Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of PDD Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
PDD Holdings (Nasdaq: PDD) is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD Holdings has built a network of sourcing, logistics, and fulfilment capabilities, that support its underlying businesses.
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